According to Shawn DuBravac of the Avrio Institute, big tech customers need to be more pragmatic, but don’t need to panic. “Companies don’t need to rewrite their strategy, but market volatility is a stress test of AI investment. The large tech companies recognize that the long-term demand for AI infrastructure is very strong.
Ilya Rybchin, principal at financial advisory firm BDO USA, said that CIOs shouldn’t be worried about the technology becoming obsolete or vendors disappearing. “Customers should be worried about the anemic return on their own AI investments, irrespective of how their vendors are performing or what the media is saying about their vendors.”
Freeze AI procurement
He had some stark advice. “Companies should freeze new AI procurement. They should stop buying tools until they can prove they’re getting value from the ones they have.” He added that many companies are buying multiple AI platforms without using any effectively. “It’s like buying three chainsaws when you haven’t learned to use the first one,” he said.