Remove Artificial Intelligence Remove Budget Remove Data Remove Generative AI
article thumbnail

Should finance organizations bank on Generative AI?

CIO

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. In short, yes. But it’s an evolution. billion by 2032.

article thumbnail

Generative AI gold rush drives IT spending — with payoff in question

CIO

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. There were very robust stories about how great generative AI was going to be.” What does AI give me?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoid generative AI malaise to innovate and build business value

CIO

Despite the promise generative AI holds for boosting corporate productivity, closing the gap between its potential and business value remains one of CIOs’ chief challenges. Sixty-six percent of C-level executives are ambivalent or dissatisfied with the progress of their AI or GenAI efforts, according to Boston Consulting Group 1.

article thumbnail

Artificial Intelligence 101: What It Is, Its Evolution and Potential Jobs

Apiumhub

Artificial Intelligence 101 has become a transformative force in many areas of our society, redefining our lives, jobs, and perception of the world. AI involves the use of systems or machines designed to emulate human cognitive ability, including problem-solving and learning from previous experiences.

article thumbnail

SharePoint Premium highlights the hard road CIOs face with generative AI

CIO

It’s something completely different, and potentially interesting, except for a few fatal flaws that shed light on the hard road CIOs are in for as we enter the era of enterprise software enhanced everywhere by generative AI. To oversimplify a smidgen, call unstructured data “content” and think of it as atoms.

article thumbnail

Should you build or buy generative AI?

CIO

Whether it’s text, images, video or, more likely, a combination of multiple models and services, taking advantage of generative AI is a ‘when, not if’ question for organizations. Since the release of ChatGPT last November, interest in generative AI has skyrocketed. Every company will be doing that,” he adds. “In

article thumbnail

Generative AI Practitioners in Healthcare Prioritize Industry-Specific and Task-Specific Models as Budgets Surge 300%, New John Snow Labs Survey Finds

John Snow Labs

First Generative AI in Healthcare Survey Uncovers Trends, Challenges, and Best Practices in Generative AI among Healthcare and Life Sciences Practitioners We are glad to announce today the findings of the inaugural Generative AI in Healthcare Survey.