AI’s impact on cost savings, productivity, and jobs
For enterprises considering how to use AI to eliminate jobs and cut costs, can I be frank? You’re doing it wrong.
Recently Goldman Sachs released a report that suggests up to 300 million jobs could be cut in the wake of AI, finding that [R]oughly two-thirds of current jobs are exposed to some degree of AI automation, and… generative AI could substitute up to one-fourth of current work.” Sure. Maybe. It’s entirely possible that short-sighted Scrooges in the executive suite will look for ways to cut jobs in order to save money.