Forbes January 25, 2025
A majority of senior executives across multiple industries expect artificial intelligence (AI) to fundamentally reshape their businesses in the next 12 to 24 months, according to KPMG’s latest AI Quarterly Pulse Survey. The report found that 56% of leaders anticipate significant transformation within the next year alone, jumping to 67% within two years—underscoring the swift pace at which AI is evolving from a strategic discussion into an operational transformation imperative.
Skyrocketing Investments and Shifts in Strategy
According to the survey, 68% of executives plan to invest between $50 million and $250 million into generative AI (GenAI) over the next 12 months, marking a substantial increase from 45% in Q1 of 2024. Business leaders seem to be moving from pilot programs...