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Global Business Outlook Survey: AI Impact on Workforce and Profitability

Sent time2024-01-16 15:57

25%, ‘AI is a factor in reducing employees by 5%’… Great influence in media and entertainment fields

Goldman Sachs predicts “AI will increase global GDP by 7%”

The main topic of the Davos Forum is moving from virtual assets for several years to AI this year.

PricewaterhouseCoopers (PwC)

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(Seoul = Yonhap News) Reporter Joo Jong-guk = A survey found that 46% of businesspeople around the world expect generative artificial intelligence (AI) to increase corporate profitability within the next year. Meanwhile, 47% believe the technology will bring little or no change.

According to a survey of 4,702 global businesspeople from 105 countries around the world by global consulting firm PricewaterhouseCoopers (PwC), about a quarter of corporate CEOs said they will have at least a few employees this year due to the introduction of generative AI. The Financial Times (FT) reported on the 15th that it is expected to decrease by 5%. This is just looking at the impact of AI; overall, 39% of CEOs expect their workforce to increase by more than 5% over the next 12 months.

The results of this survey were revealed at the World Economic Forum (WEF. Davos), which opened this week in Davos, Switzerland.

As a result of the survey, it was predicted that fields such as media and entertainment, finance, insurance, and logistics would be most affected by job loss due to advanced AI. Engineering and construction fields had the lowest potential for cost savings from AI.

46% of respondents expected that generative AI systems, which can create text or images at a level similar to that of humans in just a few seconds, will increase corporate profitability, but 47% of respondents denied the possibility of change due to this technology. done. Opinions are still divided about half on the impact of AI on humans and society.

AI systems are expected to be a major topic at this year’s Davos Forum. Although virtual assets such as cryptocurrency have been discussed as a major issue in forums in recent years, some say that AI is taking their place this year.

Several figures at the forefront of the AI ​​field, including the recently reappointed CEO of OpenAI, Sam Altman, and Microsoft’s CEO, Satya Nadella, will attend the forum.

Economists expect that as AI becomes more common, it will lead to increased productivity, but they also predict that it will bring about upheaval in the labor market.

“As business leaders pay less attention to macroeconomic issues, they are increasingly focusing on the disruptive forces within their industries,” said Bob Moritz, global chairman of PwC. “This year will be a year of change,” he said.

According to the survey, 32% of entrepreneurs responded that they had introduced generative AI to their company over the past year. There were more businesspeople planning to introduce generative AI within the next few months. About 58% said they expect the quality of their products or services to improve in the next 12 months, and 69% said their employees will need to learn new skills.

Goldman Sachs said last year that innovations in AI could automate a quarter of the jobs performed in the U.S. and the eurozone, sparking a productivity boom that could eventually boost global annual gross domestic product (GDP) by more than 7% over the next decade. predicted that it could be done.

Among the risks arising from AI, businesspeople were most concerned about cybersecurity issues and the spread of false information.

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2024/01/16 15:57 Sent

2024-01-16 06:57:51
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