AI Spending Growth

2024 spending growth in IT is estimated  at $5.26 trillion, an increase of 7.5% from 2023. Gartner forecasts the growth to be tied to  generative AI-related purchases. Interestingly, the June 2024 Deloitte Global Boardroom Program survey of nearly 500 board members and C-suite executives across 57 countries showed that 45% of boards haven’t had AI on their agenda. At all. No talk of AI. What?! 

Harvard Law School Forum on Corporate Governance | Governance of AI: A Critical Imperative for Today’s Boards