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Ronan Walsh is head of technology consulting at EY Ireland While Irish tech leaders have a high level of interest in artificial intelligence, most of them have not invested in the necessary technology – and don’t yet have an AI strategy, a new survey has found. Almost one in five (18pc) of the tech leaders said generative AI (Gen AI) tools are banned outright in their firms, but six out of 10 (59pc) said unlicensed Gen AI tools were most likely being used by their employees. Only 6pc of organisations had a formal usage policy for AI.
The findings are contained in EY Ireland’s annual survey of tech leaders, which sought the views of 150 people in senior technology roles across a broad range of Irish organisations. The key finding was that despite their interest in AI, most have yet to put a concrete strategy in place to ensure it benefits their businesses. Just over six in 10 (62pc) had not invested in AI technologies and did not have a strategy.
The top challenge facing tech leaders is considered to be cybersecurity risks, mentioned by 38pc, up four percentage points on last year’s survey. It is imperative that tech leaders develop robust AI policies The second biggest concern was attracting talent, cited by 37pc. This was down on last year, when it was the central concern of 45pc of the tech leaders.
Almost half (43pc) of respondents said that the most valuable technology emerging onto the marketplace is sustainability reporting tools. Ronan Walsh, head of technology.
