Number of Irish executives believing AI to be overrated is falling rapidly

Portland, OR, USA - Sep 1, 2024: ChatGPT, Gemini, Microsoft Copilot, Claude, and Perplexity app icons are seen on a Google Pixel smartphone. AI competition concepts.
There has been a considerable shift in the perception of artificial intelligence by Irish SMEs over the past six months, with a sharp drop in the number of firms branding the technology "over-rated".
According to Grant Thornton’s International Business Report (IBR), which provides insights into the attitudes of 10,000 mid-market businesses across 32 countries, the proportion of Irish executives who believed AI was mostly hype has plunged from 45% to 23%, signalling a decisive move from hype to hands-on adoption.