CIOs should evaluate AI investments using standard business principles, focusing on value creation rather than treating AI as a special budget category. Moving beyond pilot projects, organizations need to measure AI’s impact on revenue, cost efficiency, asset utilization, and risk management, applying consistent metrics across all technology. The budget should categorize AI initiatives as embedded, differentiating, or foundational, based on their role and potential return. The goal is to integrate AI into broader financial planning, reinforcing that technologie investments should align with business objectives and deliver measurable returns.
https://www.cio.com/article/4071641/ai-is-not-a-special-budget-category.html