Chad Astmann

Jul 31, 2024 | kornferry.com | Chris Cantarella |Chad Astmann |Maria amato |Deepali Vyas

Not long ago, a CEO only had to mention AI on an earnings call and investors would send the company’s stock soaring. Things have changed. Where last year investors rewarded companies for spending big to get into the AI game, now they’re calling them out for it. Recently, share prices of major tech companies have been dinged, with investors expressing frustration that AI spending, now $200 billion a year by Big Tech firms alone, could be cutting into profits.