Lured By Emerging Technology, CIOs Aim For Balance
CIODIVE, April 17th, 2023
Shiny object syndrome threatens to draw even the most pragmatic tech exec into the hype cycle. But a happy middle with new technology does exist.
Technology executives have long dealt with the pressure to maintain core systems while experimenting with the latest products, but a renewed industry focus on AI is challenging their ability to balance the old and the new.
'The hype cycle is a very real thing,' said Zach Hanif, VP, head of enterprise machine learning models and platforms at Capital One. 'Anytime something new starts to come out and it gains traction, you have this period of time where there's a lot of noise.'