Despite concerns of a bubble, CEOs say they are spending big on AI this year

CEOs say that AI hype might have been too much in the past year, but that its true impact and "disruptive potential" over the next five to 10 years is likely underappreciated. Momo Takahashi, Business Insider 100 CEOs of large US companies shared their AI spending and hiring plans with KPMG. They said they expect to invest in AI despite concerns that the tech has been overhyped. Cybersecurity topped the list of CEOs' worries, in part due to AI. After a lot of big talk about AI, CEOs say the...