Deloitte’s CTO on a stunning AI transformation stat: Companies are spending 93% on tech and only 7% on people

In boardrooms around the globe, a specific anxiety is taking hold. It isn’t just the fear of robots taking jobs; it is the paralyzing worry of “buyer’s remorse” in a market moving at breakneck speed. According to Bill Briggs, Deloitte’s chief technology officer, as we move from AI experimentation to impact/value at scale, that fear is driving a lopsided investment strategy where companies are pouring 93% of their AI budget into technology and only 7% into the people expected to use it. Briggs highlighted ...