Survey Finds 41% of C-suite Executives Expect AI to Reduce Workforce

A global survey conducted by Adecco Group and Oxford Economics has found that 41% of C-suite executives expect artificial intelligence (AI) to result in a reduced workforce over the next five years. The study, which polled executives from nine countries, also revealed that 46% of respondents plan to redeploy affected employees internally, while two-thirds intend to hire individuals with AI skills. A World Economic Forum survey, however, found that while 25% of companies anticipate job losses due to AI, 50% believe the technology will create new jobs. Earlier this year, Dropbox and Duolingo cited AI as the reason for implementing layoffs. --- Send in a voice message: https://podcasters.spotify.com/pod/show/tonyphoang/message