Wednesday, August 16th 2023

IT Leaders Optimistic about Ways AI will Transform their Business and are Ramping up Investments

Today, AMD released the findings from a new survey of global IT leaders which found that 3 in 4 IT leaders are optimistic about the potential benefits of AI—from increased employee efficiency to automated cybersecurity solutions—and more than 2 in 3 are increasing investments in AI technologies. However, while AI presents clear opportunities for organizations to become more productive, efficient, and secure, IT leaders expressed uncertainty on their AI adoption timeliness due to their lack of implementation roadmaps and the overall readiness of their existing hardware and technology stack.

AMD commissioned the survey of 2,500 IT leaders across the United States, United Kingdom, Germany, France, and Japan to understand how AI technologies are re-shaping the workplace, how IT leaders are planning their AI technology and related Client hardware roadmaps, and what their biggest challenges are for adoption. Despite some hesitations around security and a perception that training the workforce would be burdensome, it became clear that organizations that have already implemented AI solutions are seeing a positive impact and organizations that delay risk being left behind. Of the organizations prioritizing AI deployments, 90% report already seeing increased workplace efficiency.
"There is a benefit to being an early AI adopter," said Matthew Unangst, senior director, commercial client and workstation, AMD. "IT leaders are seeing the benefits of AI-enabled solutions, but their enterprises need to outline a more focused plan for implementation or risk falling behind. Open software ecosystems, with high-performance hardware, are essential, and AMD believes in a multi-faceted approach of leveraging AI IP across our full portfolio of products to the benefit of our partners and customers."

Future of AI-Powered Computing for the Enterprise
To ensure IT leaders have the best computing platform as they implement AI solutions, AMD is focused on developing cutting-edge solutions with AI capabilities across our product portfolio - from the cloud to the edge to endpoints - while working in close collaboration with open industry-standard software.

This year, AMD launched the first AMD Ryzen 7040 Series processors with select models featuring a Ryzen AI Engine with support for Windows Studio Effects, along with Ryzen AI developer tools - delivering unique experiences not currently available on other x86 processors and paving the way for greater AI capabilities directly on laptops.

A dedicated AI engine for mobile PCs is complementary to cloud-based AI and essential to the adoption of AI applications in the workplace. It has the potential to:
  • Enable more personalized, secure experiences for employees by running AI models locally.
  • Enhance the laptop's power efficiency, which means better employee productivity and connectivity.
  • Increase the overall bandwidth for a business to run AI workloads by enabling the laptop to run next generation software.
For businesses that also want to run AI workloads in their on-premise data centers, having up-to-date infrastructure is critical. By upgrading a data center to modern AMD EPYC processors, customers could reduce the number of racks needed in their existing infrastructure by up to 70%.


AMD also recently shared details about its AMD Instinct MI300X accelerator (192 GB) based on AMD CDNA 3 accelerator architecture, which will be the world's most advanced accelerator for generative AI, and will provide the compute and memory efficiency needed for large language model training and inference for generative AI workloads.

To complement the hardware, AMD is bringing an open, ready, and established AI software platform to market through the AMD ROCm software ecosystem for data center accelerators.
Source: AMD (PDF)
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14 Comments on IT Leaders Optimistic about Ways AI will Transform their Business and are Ramping up Investments

#1
user556
Translation: We have no idea how this will help us, but everyone is throwing money at it so we will too.
Posted on Reply
#2
Frick
Fishfaced Nincompoop
user556Translation: We have no idea how this will help us, but everyone is throwing money at it so we will too.
The expectation is to cut jobs.
Posted on Reply
#3
TheinsanegamerN
user556Translation: We have no idea how this will help us, but everyone is throwing money at it so we will too.
AI is the next crypto. Everyone will throw tens of billions at it then figure out that it's just a fancy chat bot that requires human supervision to ensure it doesnt go off the rails.
Posted on Reply
#4
nguyen
TheinsanegamerNAI is the next crypto. Everyone will throw tens of billions at it then figure out that it's just a fancy chat bot that requires human supervision to ensure it doesnt go off the rails.
Looks to me like the more human intervention the more AI goes off the rail LoL
Posted on Reply
#5
Wye
Complete nonsense corporate speech.
Posted on Reply
#6
Tahagomizer
user556Translation: We have no idea how this will help us, but everyone is throwing money at it so we will too.
Oh, but they know. It will reduce cost in the short to mid term.
"AI" is a trendy buzzword lately so there's the marketing aspect, but it is, as always, all about the holy "bottom line" and getting rid of human employees helps with that.
Posted on Reply
#7
Double-Click
AI is a CFO's wet dream; anything that can potentially reduce overhead really gets their #2 pencils going.
TheinsanegamerNAI is the next crypto. Everyone will throw tens of billions at it then figure out that it's just a fancy chat bot that requires human supervision to ensure it doesnt go off the rails.
Just read an article the other day where Michio Kaku called them "glorified tape recorders" lol.
Posted on Reply
#8
Denver
Yeah, corporate leaders are always happy to cut costs and increase profit margins (even if that happens by laying off people).
Posted on Reply
#9
Dimitriman
I SO HOPE Ai bubble explodes just like crypto and AMD/Nvidia learn it the hard way that treating their base like trash doesn't pay off in the long run. /dream
Posted on Reply
#10
Prima.Vera
To be honest, this shouldn't even be called AI.
AI is totally different, and true AI is hundreds of years to be achieved. If it will ever be achieved. AI is basically creating synthetic life that is evolving by itself, not by constantly adding code and neural links to the program... Eh, long talk here...
Posted on Reply
#11
umeng2002
Another nano-graphine-green-self-driving-etc-etc fad.
Posted on Reply
#12
nguyen
Lol if people think AI is stupid, they are only seeing the outdated facade.

True capabilities of AI are being hidden behind closed doors.

It's like the GPS available to public are nowhere near what is available to the millitary
Posted on Reply
#13
Double-Click
^ To what degree of that is true we will never know, and hopefully never have to find out (by surprise anyway).
Posted on Reply
#14
Vayra86
TheinsanegamerNAI is the next crypto. Everyone will throw tens of billions at it then figure out that it's just a fancy chat bot that requires human supervision to ensure it doesnt go off the rails.
Duh

The timing says it all. Crypto ded, AI alive. Its just hardware looking for problems to solve, the purpose comes later.
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