Mark Mcdonald, Finance Next

Mark McDonald is the Founder of Finance Next Now, a practice focused on advancing the efficiency of finance and business operations through modern technology. With a career spanning operational finance, technology, and global corporate strategy, he specializes in helping teams develop AI and data science roadmaps and turning complex transformation goals into measurable results, positioning finance as a trusted organizational asset.

The 7 Deadly Traps That Kill AI Initiatives

The promise of AI in finance is real, but so is the failure rate. The MIT NANDA State of AI in Business 2025 report reveals that 95% of AI projects fail to deliver measurable value, and 42% of companies abandoned most AI initiatives in 2025 alone. With $1.5 trillion in global AI spending on the line, the stakes have never been higher. The difference between success and failure rarely comes down to the technology itself. More often, it comes down to the mistakes made before and during implementation.

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