Articles Tagged "Consulting"

74% of AI's Gains Flow to Just 20% of Firms - PwC

A new PwC survey of 1,217 executives finds 74% of AI's economic returns go to just 20% of companies, while 56% of CEOs report no measurable benefit from their AI investments.

IBM Shares Plunge 11% as Anthropic's Claude Code Threatens Its COBOL Empire

IBM suffers its worst single-day drop in years after Anthropic announces Claude Code can automate COBOL modernization. Combined with Trump's 15% global tariff and DOGE contract cancellations, IBM is down 26% in February.