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Budgeting Season: Four Steps To Get Prepared In The Age Of AI

Forbes LogoForbes2w ago

Budgeting Season: Four Steps To Get Prepared In The Age Of AI - Forbes

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While it may seem counterintuitive, there is a strong business case for increasing innovation spend during economic volatility to differentiate amongst a crowded field of competitors and grow market share.

However, many macro-level changes have emerged since we established those original planning assumptions, including the transition of the "great resignation” to “the Big Stay,” stiffening of flexible work arrangements, economic volatility and the breakneck rise of GenAI, which is generating a tremendous amount of noise.


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Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-12 @ 06:15:00 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: forbes.com

Language: English

Article Length: 20 words

Reading Time: 1 minutes read

Sentences: 41 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Forbes

News ID: 21583435

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Main Topics: StartupsTechnology

Official Website: forbes.com

Update Frequency: 18 posts per day

Year Established: 1917

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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Publisher ID: #40

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