Sixty-two percent of CFOs say their organizations are allocating less than 1% of corporate budgets to generative AI next year, according to Deloitte’s CFO Signals survey for the first quarter. Another 37% of CFOs expect 1% to 10% of budgets to be allocated to generative AI. The findings, based on 116 respondents, are notable because they highlight how actual enterprise
Sixty-two percent of CFOs say their organizations are allocating less than 1% of corporate budgets to generative AI next year, according to Deloitte’s CFO Signals survey for the first quarter. Another 37% of CFOs expect 1% to 10% of budgets to be allocated to generative AI.
The findings, based on 116 respondents, are notable because they highlight how actual enterprise movement on generative AI has trailed headlines and vendor proclamations. Consumer companies plan to allocate more than 5% of their budgets to generative AI. Another notable takeaway is that 58% of CFOs say their boards are somewhat or very much encouraging genAI adoption in the enterprise.