Corporate investments in artificial intelligence (AI) are on the rise, as highlighted in a recent Ernst & Young survey. The report shows that 21% of business leaders plan to invest $10 million or more in AI, up from 16% last year, while 35% expect to increase spending next year. Dan Diasio, EY’s global consulting AI leader, noted the challenge of effectively integrating AI into organizations despite its potential. AI agents, capable of performing tasks with minimal human intervention, could yield up to $450 billion in economic value by 2028, according to Capgemini. Gartner predicts that at least 15% of work decisions will be made autonomously by then. Currently, 34% of senior leaders have begun implementing agentic AI across various applications such as customer support and cybersecurity. However, 87% acknowledge barriers to adoption, including cybersecurity and data privacy issues. The survey included 500 U.S. business leaders across diverse industries.
Source link
Share
Read more