Gartner Analysts Warn CIOs Of AI Risks
CIOs face a balancing act between AI risks and value, with 86% seeing risk growing faster. They must align risk with value to get the most from investments.
Original reporting · ciodive.com
Original: “AI risks, value remain unaligned for CIOs”
Read “AI risks, value remain unaligned for CIOs” at CIO Dive →
How this was written. Content Memory wrote this article with a language model from CIO Dive’s reporting (model: @cf/meta/llama-3.3-70b-instruct-fp8-fast); it describes that reporting rather than adding to it. The original, linked above, is the full story.
Key points from CIO Dive’s report
- CIOs face a challenging balancing act between AI risks and value.
- Tech leaders are spending 18 times more on AI than they did two years ago.
- CIOs need to establish shared frameworks for decision-making and frequently audit AI use-cases.
- CIOs should focus on value, not volume, and scale successful use cases.
- CIOs and the C-suite need to gain control and governance over AI technology.
Enterprise tech executives are facing a challenging balancing act, weighing the risk of AI against its business value, according to Gartner analysts.
Gartner research shows that tech leaders are spending 18 times more on AI than they did two years ago, while also fending off security concerns as AI's autonomy grows.
The stakes are high, with 86% of CIOs seeing risk growing faster than value, and only one in five AI projects currently succeeding, according to Gartner.
CIOs need to establish shared frameworks for decision-making within their organizations and frequently audit their AI use-cases to be more critical of how and when the technology is being deployed.
AI vendors are set to spend nearly $7 trillion on AI infrastructure by 2030, but CIOs should focus on value, not volume, and scale successful use cases instead of adding new ones.
CIOs and the C-suite need to gain control and governance over the technology they’re deploying, with only 21% of CIOs having governance in place for agentic AI.
Many industry leaders are calling for global alignment on guardrails, but enterprises can take a similar approach with unified governance across the organization. This article is based on reporting by CIO Dive.
Questions and answers
What is the current state of AI adoption among enterprises?
AI use cases have increased 400% in the last year, but value, not volume, is what CIOs should be aiming for.
How can CIOs align risk with value in AI investments?
CIOs need to establish shared frameworks for decision-making and frequently audit AI use-cases to be more critical of how and when the technology is being deployed.
What is the predicted spending on AI infrastructure by vendors?
AI vendors are set to spend nearly $7 trillion on AI infrastructure by 2030.
