Gartner sees $2.7T in global AI spending this year, up 49.5% — and an ERP-style failure loop

alex_verem · x · 2026-10-20

Gartner's September forecast puts worldwide AI spending at $2.7 trillion this year, up 49.5% in twelve months.

The author argues the closest parallel to failed AI transformation is the late-1990s/2000s ERP wave and the 2010s digital transformation push — cloud migrations, big data platforms, dashboards. Companies are repeating the same core mistake: treating a change in how people work and how the business runs as a technology upgrade they can simply plug in.

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