Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures – “The report found code generation is the leading use case for generative AI, with more than half of survey responses naming that as a dominant use. Support chatbots came next, at 31%, followed by enterprise search and retrieval, data extraction and transformation, and meeting summarization.” // Once enterprise people are comfortable with using public cloud AI (they are currently not, at scale) things will grow a lot. Then we’ll need a year to see if it’s actually useful (and worth, like, $20 a month per head more in the IT bill). I hope it works! I like the AI stuff.

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