Why millions to make billions when you could pay trillions to make millions! Firms spend $61.9B on AI in 2025, most still waiting for results. 42% of pilot projects scrapped. McKinsey calls it the “generative paradox”

$61.9 billion. That’s how much companies are spending on generative AI in 2025. IDC says investment jumped 94% this year. https://www.business-standard.com/technology/tech-news/genai-paradox-companies-pouring-billions-into-ai-it-has-yet-to-pay-off-125081302003_1.html The payoff? Still nowhere to be seen. McKinsey finds nearly 80% of firms use generative AI—but the same number say it hasn’t boosted the bottom line. https://www.thestar.com.my/tech/tech-news/2025/08/14/companies-are-pouring-billions-into-ai-it-has-yet-to-pay-off Pilot projects are collapsing fast. S&P Global …

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Jaguar CEO to retire after ‘copy nothing’ rebrand that scrapped car images and caused 97.5% drop in European sales

Jaguar Land Rover CEO Adrian Mardell will leave in December 2025 after three years as boss. The company’s new ad campaign dropped the Jaguar logo and showed models, not cars. Many people did not like it. A Jaguar Land Rover spokesperson said, “Adrian Mardell has expressed his desire to retire from JLR after three years …

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Superskyscraper scrapped in Miami, no demand.

Supertall Miami Tower Scrapped in a Sign of Weaker Office Demand Swire is seeking to sell two properties in the Brickell area Firm plans to use funds raised for Mandarin Oriental project Swire Properties Inc. is looking to sell a development site in the heart of Miami’s Brickell neighborhood as office demand in the region …

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REPORT: The Biden/Harris Regime SCRAPPED Millions Of Dollars Worth Of Trump Border Wall Instead Of Installing It

REPORT: @BenBergquam Exposes One Of The Last "Trump Border Wall" Graveyards! This One Is In New Mexico.The Biden/Harris Regime SCRAPPED Millions Of Dollars Worth Of Trump Border Wall Instead Of Installing It.They Sold It For Pennies On The Dollar! pic.twitter.com/0nUQt7R8x5 — John Basham (@JohnBasham) September 9, 2024 h/t MT Ballsack

$400M Colorado solar cell facility scrapped; financial viability cited two months after Blinken’s praise.

Plans for a $400 million solar cell facility in Colorado have been scrapped just two months after Secretary of State Anthony Blinken highlighted the project as an example of world-leading foreign investment. The Intel semiconductor plant in Colorado Springs was slated to be converted into a solar cell facility by the Swiss solar panel manufacturer …

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