TechFlow news, according to Decrypt, consulting firm KPMG has released a new report indicating heightened CEO interest in artificial intelligence investments.
72% of CEOs consider generative AI investment a top priority, 57% of respondents are increasing investment in new technologies, while 43% are focusing on workforce skill development.
However, executives must consider longer timeframes when evaluating returns on these investments: 23% of CEOs expect a positive return on investment within 1–3 years, but this figure surges to 62% when modeled over a 3–5 year horizon.
Nonetheless, executives have also expressed concerns about AI, including ethical challenges, costs, insufficient technical expertise, and lack of regulation. Cybersecurity is seen as a double-edged sword—85% of CEOs believe AI can help detect malicious attacks, yet it simultaneously increases risks. Regarding regulation, 81% of executives worry that unclear rules and regulations could hinder corporate success, while 77% believe regulations should reflect climate commitments.
