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# AI will be top spending priority for many technology officers over the next year
- URL: https://capitolcommunicator.com/ai-will-be-top-spending-priority-for-many-technology-officers-over-the-next-year/
- Published: 2023-06-23T20:53:03.000Z
- Updated: 2023-06-26T12:48:39.000Z
- Author: Capitol Communicator
- Tags: Technology, #wp-top-right-sponsored, #Import 2026-10-08 18:53

AI will be the No. 1 spending priority for 47% of technology officers over the next year, according to a study by the CNBC Technology Executive Council reports Email Marketing Daily.

At 21%, AI budgets are more than double the second-biggest spending area in tech: cloud computing, the study adds.

But 63% say cloud computing will be a critical area in their company’s tech strategy over the next 12 months, while 58% say the same about AI. Another 42% listed cybersecurity.

As for job security, 47% feel AI will create more jobs than it destroys, while 26% say the opposite and 26% feel it is too soon to know.

More [here](https://www.mediapost.com/publications/article/386654/ai-is-the-top-spending-priority-for-almost-half-of.html?ref=capitolcommunicator.com).