The IBM Institute for Business Value released a new research report last week, mentioning the impact of generative AI on humans. The findings suggest that people need not fear the impact of AI, but rather use AI to their own benefit.
This study conducted a survey on 3,000 C-level executives (Note: Refers to chief positions, such as CEO CEO, Chief Financial Officer CFO, etc.) and 21,000 employees from 22 countries and regions in 28 countries and regions. The results showed that there was “no doubt” AI would bring changes to the workforce and businesses, but it was “not necessarily a bad thing”.
Executives surveyed estimate that 40 percent of their workforce will need to be reskilled with, or in conjunction with, AI within the next three years. Meanwhile, 87 percent of executives expect generative AI to “augment” rather than “replace” their roles.
At the same time, employees who successfully reskilled (with AI) to adapt to technology-driven job changes saw 15% higher earnings growth than their peers, and those who embraced AI more actively saw 36% higher earnings growth than their peers.
IBM concluded in the report that AI will not replace humans, but those who use AI will replace those who do not.
