Embracing Industry Changes with AI

EY’s latest survey reveals that confident CEOs are leveraging AI to navigate industry changes. According to the CEO Outlook Pulse survey, 38% of 1,200 global executives identified AI as a key disruptive force for the coming year (link).

The Concept of a Virtual Doppelganger

EY suggests CEOs should create a ‘virtual doppelganger’ of their business using AI to enhance strategic decision-making. This digital twin can predict future scenarios, aiding in asset management decisions.

Managing AI Risks

Despite the potential of AI, managing its risks is crucial. A PwC report highlights that only 58% of executives have conducted preliminary risk assessments, and just 11% have implemented essential tools for responsible AI use.

Addressing Workforce Concerns

AI’s impact on staff wellbeing is significant. PwC’s Global Workforce Hopes and Fears Survey shows over 50% of workers feel overwhelmed by business changes. Effective communication and upskilling are essential to ensure employees are not left behind.

Future of AI in the Workplace

Both CEOs and employees believe GenAI will enhance efficiency. PwC emphasizes the importance of empowering the workforce to experiment with AI to rethink work processes.

• 0 Comments
• Ai Process
• Artificial Intelligence