Most CEOs primarily focused on AI

TechRepublic reports that artificial intelligence has continued to be the key priority for CEOs for the third straight year, with 97% of senior executives intending to place significant AI investments. However, 63% noted that the metaverse was not a crucial technology for their organization, according to a Gartner survey. Meanwhile, workforce concerns stemming from the COVID-19 pandemic have prompted CEOs to place talent retention, hiring, and DEI as their third highest priority. The poll also revealed that environmental sustainability has been included in CEO's top 10 priorities for the first time, while more CEOs have been concerned with social issues. Moreover, inflation has been regarded by 62% of CEOs to be a persistent concern. The findings have prompted Gartner to recommend CEOs to continuously focus on studies and technologies that may improve the value of their organizations. "'New' is in the eye of the beholder. Neither digitalization nor e-commerce, in second and fourth place respectively, is very new on a relative basis. Yet these are technologies that many business leaders still perceive as novel and disruptive in their situations," said Gartner Research Vice President Mark Raskino.