While there is no debate that artificial intelligence is going to have a significant impact on work and how it is done in the future, there isn't consensus on whether AI will be a net job creator or destroyer — helping workers to do their jobs better, creating better jobs for humans to do, or simply replacing a significant percentage of the workforce.
CFOs, are by nature, cautious, and this shows up in the pace at which the executives see their companies investing in AI as well. More than 40% of CFOs surveyed said that while their companies are evaluating new investments in AI amid its boom, they are being cautious, with 32% responding that their investments are accelerating.
He described a potential outcome which reflects belief that AI will take over tasks that do not maximize human potential and allow workers to focus on higher order tasks. The automation of processes like validating numbers and checking data will allow people in finance roles to focus on analyzing and responding to data. This approach could be leveraged further across companies, providing opportunities where AI creates more jobs, or at least, enhances them.
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Source: CNBC - 🏆 12. / 72 Read more »