State of the Market: AI Impact on IT Spending and Economic Growth (May 8th)
Wednesday, May 8th, 2024: 12:00 PM to 1:00 PM
This webinar will provide an overview of IT spending and economic growth so far in 2024, along with updated forecasts for the second half of the year and 2025.
The emergence of Generative AI has already caused significant disruption to IT Spending, and this wave of transformation is only just beginning. Investments in AI deployments have triggered both additional investment and budget re-allocations, while vendors across the ICT industry wrestle with the long-term implications for pricing models and product development.
Additionally, AI promises to contribute to economic growth and stability in the next decade, as investments in new technology lead to productivity gains. This comes at a critical juncture for a global economy which still faces downside risks and geopolitical uncertainty.
This webinar will provide an overview of IT spending and economic growth so far in 2024, along with updated forecasts for the second half of the year and 2025. Key topics to be discussed will include:
- Detailed analysis of IT market performance in Q1 2024, with updated forecasts
- Measuring the AI impact on IT budgets and global economic outlook in the short and medium-term
- Impact of China-US tensions, downside economic risks and new AI policies/regulations
Hosted by IDC