Tech leaders call for a "year of innovation" after Meta's "year of efficiency," allocating 25% of IT budgets to emerging tech like AI.

After Meta's "year of efficiency," tech leaders are now calling for a "year of innovation." Experts suggest that about 25% of an IT budget should be allocated to emerging technologies like generative AI. Following Meta's focus on workforce efficiency, tech giants like IBM and Google continue to trim their workforce, while also investing in AI and other cutting-edge technologies.

May 01, 2024
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