GenAI's business value remains elusive amid IT spending boom
Briefly

Global IT spending is expected to see a year-over-year growth of 9.8% in 2025, totaling $5.61 trillion. This surge is primarily driven by sustained investments in artificial intelligence, despite challenges with high failure rates in ambitious projects. Spending on datacenter systems, particularly AI-optimized servers, is projected to soar, though analysts caution against overly optimistic expectations for generative AI's transformative potential in business. Gartner notes that CIOs are reevaluating the expected benefits of AI, following a wave of underwhelming outcomes.
Our expectations for what generative AI can and will do are starting to come down.
The GenAI work that was done in 2024... those are pretty much going to be over for 2025.
Read at Theregister
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