While executives recognise AI’s benefits, they are concerned about its long-term effects.
This article cites a GLG research stating that 60% of executives don’t feel their organisations are “fully aligned” with the way they should develop and use AI. Though the companies of over 70% of executives have adopted AI in the last three years, only 26% have worked towards mitigating AI-related biases.
About 90% of executives in healthcare, consulting and financial services believe AI will transform their businesses in the coming five years. Further, 50% of consulting and 49% of financial service executives are “very” or “somewhat concerned” about AI replacing workers.
A CHRO personnel says that they frequently face a complaint of taking the “human” out of “human resources”. However, upon learning about AI’s benefits, there is a shift in employees’ perceptions.
[3 minute read]