It is early Tuesday morning January 22nd. Asian and European markets have tumbled for two days effectively dissing the economic theory of “decoupling”, ie that because US firms have global footprints economic woes in the US will be counterbalanced by strong economic results elsewhere on the planet.On CNBC the Dow Jones Industrial Average is slated to drop about 500 points….at the bell….coupling today with historic economic history days in 1987, 1992, 1999 and 2001.Analysts/pundits are predicting the Fed in the US (and possibly Canada) will jump in and drop interest rates….before the bell! The Fed has almost guaranteed a 50 basis point drop later this month so the Street wants the Fed to drop rates 75 basis points….or more.The “big” question I have for folks logging into this post is this: will a financial freefall on Wall Street today result in your 2008 IT budgets also joining the freefall category? Or, do you have a “fall back” plan that anticipated these kind of situations? Weigh in! Related content brandpost Sponsored by SAP Innovative integration drives automotive group to SAP awards Using SAP Build Process Automation, China Grand Automotive Services Group Co., Ltd. accelerated and streamlined processes for its 700+ dealerships, saving time and costs while earning recognition for its innovation. By Tom Caldecott, SAP Contributor Dec 11, 2023 4 mins Digital Transformation news Concerns remain even as the EU reaches a landmark deal to govern AI Experts believe the new regulation would add a significant compliance burden on businesses as some argue it could even stifle the growth of the rapidly developing technology. By Gagandeep Kaur Dec 11, 2023 7 mins Regulation Artificial Intelligence feature CIOs grapple with the ethics of implementing AI With ethical considerations around AI use increasingly top of mind, IT leaders are developing governance frameworks, establishing review boards, and coming to terms with the difficult discussions and decisions ahead. By Esther Shein Dec 11, 2023 13 mins Generative AI Data Governance IT Governance feature Reed Smith turns to AI for lawyer staffing solution The legal firm’s Smart Resourcing tool helps balance workloads and ensure partners find associates with the right skills and experience, while empowering employees to make connections across the firm’s global footprint. By Sarah K. White Dec 11, 2023 8 mins CIO 100 Legal Digital Transformation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe