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Some managers looking for a discount think it’s time to replace you with AI

Mar 29, 2024 - fortune.com
The article discusses the increasing adoption of AI in the workplace and its potential impact on jobs. It highlights that 41% of managers are considering replacing workers with AI, according to a survey by software company beautiful.ai. However, the article also notes that IBM CEO Arvind Krishna has expressed mixed views on the subject, stating that AI could both replace and create jobs. The article also mentions a survey that found 48% of managers believe their companies would profit from replacing human workers with AI tools, and 45% view AI as a means to lower employee salaries.

The article further discusses the fear and uncertainty surrounding AI, with 61% of Americans believing new products could threaten civilization, according to a Reuters/Ipsos survey. It also mentions that 79% of employees want training in AI, according to consulting firm Oliver Wyman. The article concludes by noting that 66% of managers want to use AI to enhance employee productivity, and only 12% are using AI with the intention of downsizing or reducing workforce costs.

Key takeaways:

  • Many managers are considering replacing workers with AI, with 41% hoping to do so this year, according to a survey by beautiful.ai.
  • Despite this, 66% of managers are looking to use AI tools to enhance their employees' productivity, and only 12% are using AI with the purpose of downsizing or spending less on their workforce.
  • IBM CEO Arvind Krishna has been open about the fact that many jobs at IBM can be partially or completely replaced by AI, but also believes that AI will generate more jobs than it eliminates.
  • There is a growing fear among workers about the impact of AI on their jobs, with junior workers reporting the greatest fear of losing their jobs to AI.
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