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A global survey conducted by Adecco Group and Oxford Economics has found that 41% of C-suite executives expect artificial intelligence (AI) to result in a reduced workforce over the next five years. The study, which polled executives from nine countries, also revealed that 46% of respondents plan to redeploy affected employees internally, while two-thirds intend to hire individuals with AI skills. A World Economic Forum survey, however, found that while 25% of companies anticipate job losses due to AI, 50% believe the technology will create new jobs. Earlier this year, Dropbox and Duolingo cited AI as the reason for implementing layoffs.
By Dr. Tony Hoang4.6
99 ratings
A global survey conducted by Adecco Group and Oxford Economics has found that 41% of C-suite executives expect artificial intelligence (AI) to result in a reduced workforce over the next five years. The study, which polled executives from nine countries, also revealed that 46% of respondents plan to redeploy affected employees internally, while two-thirds intend to hire individuals with AI skills. A World Economic Forum survey, however, found that while 25% of companies anticipate job losses due to AI, 50% believe the technology will create new jobs. Earlier this year, Dropbox and Duolingo cited AI as the reason for implementing layoffs.

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