Making AI Headlines · Page 8
The AI Budget Believes in Itself
· New York time
Only 13% of companies are getting real business value from their AI investments, according to a Gartner survey of 2,002 chief information officers reported by The Decoder. Meanwhile, 51% expect AI to increase operating costs. The efficiency project has apparently asked for a larger expense account. The report also says 75% of CEOs plan to keep increasing technology budgets. Those figures describe expectations and reported experience, not a controlled test proving that AI spending cannot pay off. They do show a gap between enthusiasm for continued investment and the share currently reporting tangible value. For a business assessment, the practical issue is what a deployment delivers after its costs are counted. A successful demonstration and a useful operating result are not interchangeable. Neither is a larger technology budget necessarily an AI-only budget, so the CEO figure should not be treated as a direct measure of additional agent purchases. The survey offers a less triumphant view than the usual parade of product announcements. Companies may still be learning where tools fit, but learning has a price. The corporate future is proceeding confidently toward its next funding request, while the finance department asks whether the productivity improvement could please appear somewhere other than the title of the presentation.
Read this story in the full newspaper →Satire. Not factual reporting. Read the original reporting from the linked publishers.