Remove 2022 Remove Fractional CTO Remove Generative AI
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Is the gen AI bubble due to burst? CIOs face rethink ahead

CIO

Generative AI has been hyped so much over the past two years that observers see an inevitable course correction ahead — one that should prompt CIOs to rethink their gen AI strategies. Operating profit gains from AI doubled to nearly 5% between 2022 and 2023, with the figure expected to reach 10% by 2025, she adds.

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The 4 most overhyped technologies in IT

CIO

With that in mind, we asked tech leaders in various roles and industries to list what technologies they think are overhyped and to put a more realistic spin on each one’s potential. Generative AI Perhaps not surprisingly, generative AI tops the list of today’s overhyped tech. Here’s what they say on the topic.

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For IT leaders, operationalized gen AI is still a moving target

CIO

The rate of companies that have either already deployed generative AI or are actively exploring it is accelerating to the point where, combined, there are very few holdouts. The use of gen AI in the enterprise was nearly nothing in November 2022, where the only tools commonly available were AI image or early text generators.

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The state of CIO salaries: Rising to meet the prominence of the role

CIO

CIO packages often include stock options, relocation expenses, and hiring bonuses, says Victor Janulaitis, CEO of consulting firm Janco. In the second half of 2020 through 2022, CIO turnover “was frenetic, there was a lot of movement and people were moving for money,” he explains. Stephenson says.

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10 most difficult-to-fill IT roles — and how to address the gap

CIO

The biggest challenge is finding talented team members at the market rate,” says Patrick Isaac, CTO at Accuro Solutions, adding that the current environment demands more intensive recruiting efforts. The 2022 ISC2 Cybersecurity Workforce Study calculated a cybersecurity workforce gap of 3.4 Geographical nuances are also arising.

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Gen AI can be the answer to your data problems — but not all of them

CIO

To help alleviate the complexity and extract insights, the foundation, using different AI models, is building an analytics layer on top of this database, having partnered with DataBricks and DataRobot. Some of the models are traditional machine learning (ML), and some, LaRovere says, are gen AI, including the new multi-modal advances.

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10 things keeping IT leaders up at night

CIO

For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023. Rather, they’re stressed about how AI will impact their own organizations. They’re wondering how AI technologies, such as ChatGPT and generative AI in general, will increase risks.