In a Project Syndicate commentary, economist Dambisa Moyo argues that business leaders are growing skeptical of further AI investment after a 2025 MIT study found that 95% of generative AI pilot programs failed to meet their stated objectives. She notes that AI spending is projected to reach roughly $280 billion in 2026 even as costs keep rising, and cites disputes such as the Anthropic-Figma conflict as a sign of provider-dependency risk. Moyo recommends four steps for firms: tying AI contracts to measurable results, avoiding single-vendor dependence, strengthening cybersecurity, and setting clear timelines to evaluate AI’s economic payoff.
