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Home » AI will be top spending priority for many technology officers over the next year

Capitol Communicator has a post by Greg Kihlström that AI's impact on business, particularly in the marketing world, cannot be ignored.

AI will be top spending priority for many technology officers over the next year

by | Jun 23, 2023

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.

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