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AI This Year and Beyond: It’s a Brave (Or Not So Brave) World

The AI revolution, “the biggest tech transformation in over 40 years,” is at the start of $2 trillion in AI spending over the next few years, Dan Ives, global head of technology research at Wedbush Securities, said in a note Saturday. Leading the way are cloud/hyper-scale players such as Microsoft, Alphabet Inc.’s Google and Amazon.com Inc., he added.

The biggest worry is, and remains, security. A laundry list of hazards — ransomware, hallucinations, fraud, lack of trust — are being assessed and addressed by overwhelmed IT managers and anxious executives who must answer to investors pushing for a quick AI transformation.

Ransomware attacks soared 81% in 2024 from 2023 and will significantly jump in 2025 because AI is “fueling the advancements of these threats,” warns Todd Thorsen, chief information security officer at CrashPlan.

Read the full article here: https://techstrong.ai/ai-at-the-edge/ai-this-year-and-beyond-its-a-brave-or-not-so-brave-world/