Posted 1/18/2024, 11:00:45 AM
Tech Leaders Offer Mixed Outlook on Pace of AI Innovation at Davos Summit
- Vista Equity Partners CEO predicts hardware vendors will benefit first from AI wave, then cloud providers like Microsoft and Amazon, and finally enterprise software companies
- ServiceNow CEO says CEOs at Davos believe they need to invest heavily in AI tech like generative AI to remain competitive
- Some think generative AI hype has gotten ahead of itself and widespread adoption is still years away
- 2024 predicted by Cloudflare CEO as a year of "AI letdown" when promised products won't fully arrive
- Engineering challenges remain to fully deliver on promise of generative AI across industries