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Agentic AI Projects Face Sweeping Cancellations Amid Rising Costs and Unclear Value

Recent Gartner research signals a significant industry shift: over 40 percent of agentic artificial intelligence initiatives are projected to be terminated by the close of 2027. Mounting expenses and ambiguous return on investment are driving this reassessment across the sector.

Strategic Imperatives for Tech Leaders

Industry titans, including Salesforce (CRM.N) and Oracle (ORCL.N), have embraced the potential of AI agents—autonomous systems designed to achieve goals and execute actions with minimal human intervention. These companies are investing billions to harness AI’s promise of margin expansion and cost optimization, underscoring the technology’s strategic relevance despite emerging challenges.

Clarity Amidst Agent Washing

Gartner highlights a troubling trend of “agent washing,” where providers rebrand standard AI assistants and chatbots as agentic AI solutions without delivering substantive autonomous capabilities. According to the report, a mere 130 out of thousands of agentic AI vendors truly possess the advanced functionalities expected from these systems.

Industry Voices on Early-Stage Experiments

Anushree Verma, Senior Director Analyst at Gartner, observes that many current agentic AI projects remain in the nascent stages as experiments or proofs of concept. “Most agentic AI projects right now are early stage experiments or proofs of concept that are mostly driven by hype and are often misapplied,” Verma noted. She further explained that the technology has yet to mature to a point where it can effectively autonomously manage complex business tasks or continuously follow nuanced instructions over prolonged periods.

Impact on Enterprise Operations

Forecasts indicate a significant shift in decision-making processes, with Gartner predicting that by 2028, approximately 15 percent of day-to-day work decisions will be autonomously managed by agentic AI—a leap from 0 percent in 2024. Moreover, projections suggest that 33 percent of enterprise software applications will integrate agentic AI features by 2028, up from less than 1 percent in 2024, illustrating the rapid pace of AI adoption despite the inherent challenges.

Spotify Adds Physical Book Sales In U.S. And U.K.

Strategic Diversification In The Digital Era

Spotify introduced physical book purchases within its platform in the United States and the United Kingdom. Users can now buy printed books directly from audiobook pages. The rollout follows an announcement made in February.

Forging Partnerships That Empower Independent Retail

Partnership with Bookshop.org enables the feature, supporting independent bookstores through an online marketplace. A “Get A Copy For Your Bookshelf” button redirects users to Bookshop.org for purchase, pricing, and delivery. This model expands distribution channels for independent retailers.

Enhanced Features Driving User Engagement

Expanded audiobook features include the “Page Match” tool, now available in more than 30 languages, such as French, German, and Swedish. Users can scan a page and jump directly to the corresponding audiobook section. Spotify reported a 55% increase in streaming hours among users engaging with this feature.

Innovative Tools And Global Rollouts

“Audiobook Recaps” is now available on Android, offering short summaries to help users resume listening. Audiobook Charts launched in Germany, mirroring existing music and podcast rankings. These additions support content discovery and retention.

A Bet On Profitability And Market Expansion

Expansion beyond streaming continues as Spotify adjusts pricing in the United States and Europe. Monthly active users reached 751 million. Physical book sales introduce an additional monetization channel alongside digital content.

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