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78% of CEOs and Boards Believe AI Benefits Outweigh Associated Risks

The cheese is moving.
Emory Odom
Contributing Writer

According to a recent poll by Gartner, Inc., more than half of organizations are now either in the piloting phase or have fully implemented generative AI solutions. The survey, which polled over 1,400 executive leaders, showed a significant uptick in generative AI adoption and investment compared to just ten months ago.

The shift is not merely a technological one; it’s a strategic pivot that is capturing the attention of CEOs and board members alike. As organizations increasingly recognize the transformative potential of generative AI, it is becoming a top priority on corporate agendas, moving from experimental stages to full-scale implementations aimed at driving tangible business outcomes.

Why it matters: For CIOs, the rise of generative AI is a strategic imperative that can redefine the role of IT within the organization. The Gartner poll’s findings suggest that generative AI is increasingly being viewed as a business enabler, capable of driving innovation, optimization, and disruption across multiple functions. This presents a unique opportunity for CIOs to take the lead in steering their organizations towards a future powered by AI.

  • The poll shows a significant increase in the adoption, with 55% of organizations either in piloting or production mode, up from just 19% ten months ago. More than half of the organizations have increased their investment in generative AI, indicating strong confidence in the technology’s potential.
  • Generative AI investments are scaling across multiple business functions, with software development leading the way, followed by marketing and customer service.
  • A growing majority (78%) of executives believe that the benefits outweigh the risks, suggesting a shift towards a more aggressive adoption strategy. These organizations are moving beyond cost optimization to focus on growth, customer experience, and business agility, signaling a mature approach to AI investment and implementation.

Go Deeper —> 55% of Organizations are in Piloting or Production Mode with Generative AI – Gartner

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