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The new CIO mandate: Selling AI to employees

CIO

That’s because employees have decidedly mixed feelings about AI coming to their workplaces, according to the recent survey by IT solutions integrator Insight , even as many enterprises are already adopting or experimenting with AI and as AI-enabled phones begin hitting the market. They need to have a culture of experimentation.”

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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

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Women in tech statistics: The hard truths of an uphill battle

CIO

The employment gap Despite national conversations about the lack of diversity in tech, women are disproportionally missing out on the ongoing boom in IT jobs. In fact, the ratio of women to men in tech roles has declined in the past 35 years, with half of women who go into tech dropping out by the age of 35, according to data from Accenture.

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Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise

TechCrunch

It’s Kyle again, Greg’s stand-in for Week in Review. (He’ll If you’re a WiR newbie, it’s the newsletter where we recap the past five days in tech news. most read Silicon Valley Bank implodes: Silicon Valley Bank Financial, the publicly traded holding firm of Silicon Valley Bank (SVB), is in crisis.

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Prewave pulls in $20M as supply chain tech investments remain on VC radars

TechCrunch

“We also connect to several social media platforms and for specific event types we use external data sources as for example USGS (United States Geological Survey) for earthquake data or GDACS (Global Disaster Alert and Coordination System) for weather information.

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Briefing the board on AI: Educate to tee up investment

CIO

According to a 2022 Institute of Directors survey , 80% of boards did not have processes in place to audit their company’s use of AI. They said they did not know what questions to ask,” the survey concluded. Be mindful of pre-existing expectations Some years ago, I was working with the CIO of a very large East Coast bank.

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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. We’re widening our lens, looking for more investors to participate in TechCrunch+ Surveys , where we poll top professionals about challenges in their industry.

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