AI will shrink workforces within five years, say company execs [CNN]
ADECCO GROUP AG UNSP/ADR (AHEXY)
NASDAQ:AMEX Investor Relations:
newsquantified.com/ahexy/stock-report/adecco-group-ag-american-depositary-receipts-uns-briefadecco-ceo-sees-slight-deceleration-05p29n
Company Research
Source: CNN
The wide-ranging poll of 2,000 executives, conducted by Swiss staffing firm Adecco Group in collaboration with research firm Oxford Economics, showed that 41% of them expect to employ fewer people because of the technology. The survey's results provide another indication of the potential for AI and generative AI — which can create original text, images and other content in response to prompts from users — to revolutionize employment and the way people work. AI is emerging “as a great disruptor in the world of work,” Denis Machuel, chief executive of Adecco Group, said in a statement. “Companies must do more to re-skill and redeploy teams to make the most of this technological leap and avoid unnecessary upheaval.” The executives surveyed work in 18 industries — including energy, retail and the automotive sector — in nine countries, including the United States, Canada, Germany and Japan. Their workforces represent white-collar and blue-collar jobs. Some 46% of executives said t
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