How Companies Are Actually Spending Money on AI Now

This Odd Lots podcast episode features an interview with Eric Glyman, CEO of RAMP, a financial operations platform. The discussion centers on AI spending in corporations, based on RAMP's data analysis of over $50 billion in annual corporate spending. Glyman details a fourfold increase in AI spending from early 2023 to the end of the year, noting a shift from experimental to operational use of AI tools across various sectors, including technology, newsrooms, and sales. He highlights the increasing use of AI in sales, automating tasks like lead generation and call analysis, leading to increased salesperson productivity. The interview concludes with a discussion on the future of work and the potential impact of AI on various professions.