The Early Morning Byte: Friday, November 24, 2023

Let's Wrap the Week! | Early Morning Byte

November 24, 2023 • Estimated Reading Time: 3 minutes

Start your weekend with these top 5 reads from The National CIO Review.

BROUGHT TO YOU BY - CIO PartnersWith an established candidate referral network, an innovative search process, and specific domain expertise, CIO Partners is recognized as the leader for technology executive search at the CxO, VP, and Director level.

Nike has appointed a new Chief Technology Officer. In this role, they will be responsible for driving innovation and digital transformation within the company.

The sudden firing of OpenAI CEO Sam Altman by the board has sent shockwaves through the AI industry. The weekend saw high drama as investors pushed to reinstate Altman, while the board refused and appointed former Twitch CEO Emmett Shear as his replacement.

Despite recent layoffs, the tech industry continues to grapple with a scarcity of technical talent. Over 150,000 layoffs have occurred in the US tech sector since 2023’s start, yet companies struggle to fill critical technical roles required for innovative initiatives.

Amidst a steady drumbeat of security threats, bad actors, and regulations, a recently released 2023 Security Budget Benchmark Summary Report from IANS Research reveals that cybersecurity spending this year experienced only modest increases, a departure from the more generous growth of previous cycles.

The concept of machines mimicking human intelligence has fascinated us for a very long time. Literature and film have often flirted with the idea, but it wasn’t until the mid-20th century that the scientific community began to explore its genuine possibilities. The challenge now isn’t just technological; it’s also educational. As the adoption of AI evolves, so must the understanding and strategies of enterprises looking to harness its potential.

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