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Where’s the ROI for AI? CIOs struggle to find it

CIO

Difficulties estimating or demonstrating the value of AI technologies to the business have been or will be a top barrier to their implementation, according to a recent Gartner survey of more than 700 IT leaders at organizations that have adopted or plan to adopt AI. And with researching and implementing AI having shot up to No.

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Daily Crunch: Amazon’s new Bedrock cloud service lets developers incorporate generative AI

TechCrunch

Bedrock, meet the Bedrock, it’s part of the modern generative AI family. From the town of Seattle comes Amazon’s entrance into the generative AI race with an offering called Bedrock, writes Kyle. But also because Kyle ’s story about Amazon entering the generative AI race was the most-read story on TechCrunch today.

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In the corner office, fear of GenAI risk outweighs the lure of its promise

CIO

That’s because, with the fast-paced evolution and imminent adoption of generative AI, the role of CIOs and CTOs has become both exciting and invigorating, but also more complicated and unpredictable. Nearly half (46%) of those surveyed believe they risk falling behind if they don’t adopt generative AI as quickly as possible.

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Top 10 barriers to strategic IT success

CIO

But on the other hand, AI and generative AI in particular, as well as the speed at which intelligence barreled its way into organizations, have disrupted many IT plans, says Taglienti, chief data officer and distinguished engineer at tech firm Insight. “It for this year, resulting in a net gain of more than 300,000 new jobs.

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The new CFO: How AI has changed the game for chief financial officers

CIO

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. Learn more about how EXL can put generative AI to work for your business here.

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Rackspace’s CTO takes a broad view of sustainability

CIO

Economic sustainability is about fair and equal access to employment, broadband networks, and other technology resources, while the third pillar, equitable sustainability, involves removing or reducing bias in the flood of data and algorithms underpinning applications, particularly in emerging generative AI models, he says.

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What the midterm madness means for startups

TechCrunch

Assuming Congress is slow to act (as divided branches often are), there could be less federal government spending on social safety net programs, leading to a drawn-out recovery. — we’ll talk about Twitter’s fleeing user base, the rise of generative AI and e-commerce’s enduring VC appeal. Let AI generate it.