The consulting firm KPMG surveyed executives from major US corporations to gauge their assessment of artificial intelligence development. The majority of survey participants feel that generative AI has recently received an excessive amount of attention, yet its long-term potential might be underestimated. In the view of top managers, the technology’s genuine impact will become noticeable within the next 5 to 10 years.
The survey was conducted from late January through mid-February, encompassing executives from about one hundred large companies. The study covered topics related to AI implementation, human resources strategy, and economic outlooks. Tim Walsh, head of KPMG’s US operations, noted that corporate enthusiasm regarding the practical application of artificial intelligence is on the rise, with many organizations already moving from pilot projects to full-scale technology deployment.
Despite differing views on future prospects, companies are continuing to pour resources into artificial intelligence. Nearly 80% of leaders indicated that they will allocate a minimum of 5% of their investment budget to AI-related projects in 2026. Furthermore, roughly two-thirds of those surveyed are increasing cybersecurity expenditures, as the adoption of new technologies inherently elevates risks to both data and corporate systems.
Particular focus is being placed on employee training. Approximately 60% of executives plan to dedicate a substantial portion of their budget to improving staff skills related to AI usage. However, some firms still anticipate workforce reductions: about one-fifth of managers believe that certain jobs may become obsolete in the coming years. Contrarily, nearly half of the survey participants expect that the deployment of AI will actually lead to expansion of their workforce.
Executives also voiced significant concerns about security matters. Almost 90% of respondents pointed to risks concerning data and privacy, as well as the threat of AI-enhanced phishing attacks. Additionally, many companies worry about a shortage of cybersecurity specialists and plan to address this gap by upskilling their current employees.
Even amidst economic volatility and political uncertainties, businesses are maintaining vigor in investment and deal-making activities. Around two-thirds of CEOs stated that their companies intend to be actively involved in mergers and acquisitions transactions during 2026. This suggests that major corporations continue to explore avenues for growth while simultaneously adjusting to a rapidly evolving technological landscape.
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