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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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10 most in-demand generative AI skills

CIO

If any technology has captured the collective imagination in 2023, it’s generative AI — and businesses are beginning to ramp up hiring for what in some cases are very nascent gen AI skills, turning at times to contract workers to fill gaps, pursue pilots, and round out in-house AI project teams.

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Going ‘AI native’ with in-house ChatGPT the MITRE way

CIO

As a nonprofit R&D center for the US government, MITRE is no stranger to AI. Its researchers have long been working with IBM’s Watson AI technology, and so it would come as little surprise that — when OpenAI released ChatGPT based on GPT 3.5 We took a risk.

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Getting infrastructure right for generative AI

CIO

For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. Infrastructure-intensive or not, generative AI is on the march. of the overall AI server market in 2022 to 36% in 2027. It’s multimodal, but tiny.

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20 issues shaping generative AI strategies today

CIO

Organizations are rushing to figure out how to extract business value from generative AI — without falling prey to the myriad pitfalls arising. Those results align with Foundry’s more recent July 2023 CIO Tech Talk survey that found 60% of IT leaders are actively using gen AI in their enterprise, with 28% more in the exploratory phase.

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Enterprise IT moves forward — cautiously — with generative AI

CIO

Vince Kellen understands the well-documented limitations of ChatGPT, DALL-E and other generative AI technologies — that answers may not be truthful, generated images may lack compositional integrity, and outputs may be biased — but he’s moving ahead anyway. Generative AI can facilitate that.

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Australia pushes for AI rules, focusing on oversight and accountability

CIO

Australia has outlined plans for new AI regulations, focusing on human oversight and transparency as the technology spreads rapidly across business and everyday life. In a statement, the government said that consultations with the public and industry last year revealed strong support for tighter AI regulation.