EPISODE · Jul 30, 2026 · 25 MIN
CORPORATE AMERICA IS BREAKING: AI PROJECTS Are FAILING And WASTING TRILLIONS...
from Wall Street Truthbombs Podcast · host Wall Street Truthbombs
Companies are expected to spend nearly $3 trillion on artificial intelligence, yet a staggering number of AI deployments are failing to produce their promised returns.Mark Malek sits down with Pythian Field CTO Jeff DeVerter to expose the real problem behind corporate America’s AI spending spree. The technology itself may not be failing. Instead, companies are buying expensive AI tools without clear business goals, proper governance, usable data or anyone responsible for producing measurable results.Even more surprising, many of the biggest productivity gains may already be sitting inside software companies are currently paying for—unused and switched off.In this Wall Street Truth Bomb interview:• Why most corporate AI projects fail to deliver ROI• The leadership failure behind runaway AI spending• Why companies are buying technology before defining the problem• The difference between embedded and custom AI solutions• How businesses can generate real AI results within 90 days• What the AI spending disconnect means for investorsThe AI boom may be real, but Wall Street is pricing every dollar of spending as though it will produce enormous returns. That assumption deserves much closer scrutiny.Subscribe: https://www.youtube.com/@wstruthbombs?sub_confirmation=1Substack: https://substack.com/@wstruthbombsX: https://x.com/WSTruthBombsPatreon: https://www.patreon.com/wstruthbombsBlueSky: https://bsky.app/profile/wstruthbombs.bsky.socialTikTok: https://www.tiktok.com/@wstruthbombsTruthbombs videos are for informational and entertainment purposes only. The views expressed by Mark Malek or guests are their own and do not necessarily reflect those of Siebert Financial. These videos do not constitute investment advice, an offer to sell, or a solicitation to buy any securities. Past performance is not indicative of future results. Listeners and viewers should consult a qualified financial professional before making any investment decisions.#foryou #stockmarket #investing #ai #money #economy #tradingSupport the show
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Companies are expected to spend nearly $3 trillion on artificial intelligence, yet a staggering number of AI deployments are failing to produce their promised returns. Mark Malek sits down with Pythian Field CTO Jeff DeVerter to expose the real problem behind corporate America’s AI spending spree. The technology itself may not be failing. Instead, companies are buying expensive AI tools without clear business goals, proper governance, usable data or anyone responsible for producing measurabl...
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CORPORATE AMERICA IS BREAKING: AI PROJECTS Are FAILING And WASTING TRILLIONS...
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