08/20/2024

Leading the Pack on Artificial Intelligence

AI is more than a buzz word - it's a new approach to doing business

American CEOs are all-in on AI. According to a recent KPMG survey, their enthusiasm for adopting generative AI tools has accelerated, now that they see it as "central to overcoming challenges resulting from compound volatility and gaining a competitive advantage." Thirty-nine percent of CEOs say they plan to move AI projects out of the pilot phase in the next 12-18 months; a similar percentage say they plan to increase their investment in the technology.

Concerns? CEOs have a few, but they generally say they're able to handle it: More than two-thirds say they're prepared to address the cybersecurity and ethical issues generative AI presents. As for what this all means for their staffs, that is a little iffier: 61 percent say they're prepared to address employee resistance to AI, and 27 percent say that employee resistance is a "top challenge" for more fully deploying it.

Those numbers suggest that there’s a conversation that leaders aren't having with their people about what they want AI to do, and what role the workforce plays in it. A recent survey from IBM found that anxiety among workers over AI eating everything in sight—including their jobs—remains persistent. 

Please select this link to read the complete article from Associations Now.