A quarter of business executives worldwide believe that the introduction of productive artificial intelligence (AI) by 2024 will lead to a reduction in businesses’ headcount by at least 5%. This is evidenced by survey data published on the official site of the international consulting company PricewaterhouseCoopers (PwC). Web site organizations.
The PwC survey was timed to coincide with the annual World Economic Forum, held January 15-19 in Davos, Switzerland. 4,702 business managers from 105 countries attended the fair.
According to a survey of senior executives, reductions from AI will primarily affect industries such as media and entertainment, banking, insurance and logistics. At the same time, workers in engineering and construction firms, as well as those in technology companies, are the least likely to be replaced by automation.
One-third (32%) of respondents said they would implement artificial intelligence-based tools in their businesses by 2023. About 58% expect neural networks to improve the quality of their products or services within this year. According to 69%, their employees will need to learn new skills due to the use of artificial intelligence.
Nearly 46% of survey respondents said that productive use of AI will increase company profitability in the next 12 months. However, 47% of respondents believe the technology will only deliver minor changes or no impact at all.
Previously head of the IMF appreciated The impact of artificial intelligence on the global labor market.
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Source: Gazeta
Jackson Ruhl is a tech and sci-fi expert, who writes for “Social Bites”. He brings his readers the latest news and developments from the world of technology and science fiction.