SEE: Tech leaders identify AI, 5G, cybersecurity, big data and metaverse as top investments in EY survey. business leaders are “taking tangible steps” to embed artificial intelligence into their organizations, whether by hiring talent with applicable AI skill sets (54%) or launching AI pilots and partnerships with other companies (42%). chief executives as part of its October 2023 CEO Outlook Pulse survey and found that 74% feel the need to act decisively on generative AI to stop their competitors from gaining the upper hand.ĮY found that most U.K. leaders are reacting to generative AIĮY quizzed 100 U.K. KPMG: ‘Don’t wait for all the questions to be answered’.Why short-term gains do not guarantee long-term success.Business leaders worldwide feel the pressure to invest in generative AI.The struggle to separate hype from reality.CEOs by KPMG finds that 71% see generative AI as a top investment priority, despite ongoing economic uncertainty and a lack of regulatory or ethical AI frameworks. business leaders feel pressured to accelerate investments in generative artificial intelligence despite an abundance of potentially dud advice clouding decision-making, research from Ernst & Young suggests. Separate surveys by EY and KPMG highlight the pressures CEOs face in cutting through the noise and investing wisely in generative AI. Generative AI: UK Business Leaders Face Investment Challenges as Everyone Claims to Be an Expert
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