When it comes to generative AI in the enterprise, CIOs are taking it slow

To hear the hype from vendors, you would think that enterprise buyers are all in when it comes to generative AI. But like any newer technology, large companies tend to move cautiously. Throughout this year, as vendors feverishly announced new generative AI-fueled products, CIOs took note.
Some companies have actually been looking to cut back on spending, or at least stay even, not necessarily looking for new ways to spend money. The big exception is when technology enables companies to operate more efficiently, and do more with less.
Generative AI certainly has the potential to do that, but it also …