Thirty months into the GenAI awakening, the jury is still out on how much enterprises are benefiting from investments in artificial intelligence. While the vast majority of customers continue to spend on AI, reported returns are no greater than, and frankly lag those, typically associated with historical IT initiatives like ERP, data warehousing and cloud computing. Let’s face it, the multi-hundred billion dollar annual CAPEX outlay from hyperscalers and sovereign nations is fueling the euphoria and essentially supporting blind faith in the AI movement. But ground truth returns from enterprise AI adoption remain opaque. This combined with geopolitical unrest, fluctuating public policy and GDP estimates in the low single digits, have buyers tempering expectations for tech spending relative to January of this year.