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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.

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[3 minute read]

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