AI automation in the workplace is about to reach a major tipping point

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

According to a survey of CFOs by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, plans to use AI in the...

More U.S. companies are about to flip the "on" switch when it comes to automating tasks with artificial intelligence.by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, plans to use AI in the coming year are surging.

"CFOs say their firms are tapping AI to automate a host of tasks, from paying suppliers, invoicing, procurement, financial reporting, and optimizing facilities utilization," said Duke finance professor John Graham, academic director of the survey, in a statement. "This is on top of companies using ChatGPT to generate creative ideas and to draft job descriptions, contracts, marketing plans, and press releases.

The survey doesn't necessarily suggest that companies will completely replace human workers with AI, considering that employees perform multiple tasks for their jobs."It’s job transformation. Human jobs will be replaced—but will be replaced by other humans using AI," he added. "The whole ideas is to be the human who is using AI, to learn it, to do it, to make it happen."He replied, “It’s actually uncannily accurate.

No one wants to run out of money in retirement. And wealthier retirees can go broke just like everyone else -- if they spend more than they can afford. Also: I'm a Self-Made Millionaire: Here's...OTTAWA — Canadian retail sales rose 0.7 per cent to $66.8 billion in April, helped by higher sales at gasoline stations as well as food and beverage retailers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A Third of CFOs See US Elections Impacting Investment Decisions, Survey FindsMonetary policy, inflation and labor remain the top worries for finance chiefs for the coming 12 months, with nearly one-third of executives in a survey saying they are delaying, scaling down or permanently canceling investments due to uncertainty surrounding the US presidential election.
Source: BNNBloomberg - 🏆 83. / 50 Read more »