Chairman and CEO Pierre Nanterme tells Forbes how his global consulting firm discovered that being a "fast follower" suddenly became fatally slow in the age of A.I. and cloud. Q: Describe your 35 years at Accenture, because I think talking about that will be an interesting way of describing what's happened to the global economy and the Information Technology backbone of the global economy during that time. Nanterme: Accenture has changed a lot during that time, probably undergoing a new wave that drove significant changes to the business every ten years. We evolved from management consulting to systems integration and technology. Ten years after that came a new wave--outsourcing. Indeed, each reinvention of Accenture was based on the new technology waves that occurred.

Artificial Intelligence (AI) and related technologies are projected to create as many jobs as they displace in the UK over the next 20 years, according to new analysis by PwC. In absolute terms, around 7 million existing jobs could be displaced, but around 7.2 million could be created, giving the UK a small net jobs boost of around 0.2 million. While the overall net effect of AI on UK jobs may be broadly neutral, this varies significantly across industry sectors. The most positive effect of AI is seen in the health and social work sector, where PwC estimates that employment could increase by nearly 1 million, equivalent to around 20% of existing jobs in the sector. On the other hand, PwC estimates the number of jobs in the manufacturing sector could be reduced by around 25%, representing a net loss of nearly 700,000 jobs.

Artificial intelligence (AI) is gaining prominence in the workforce, as firms seek to maximise the benefits of blending human capabilities with intelligent machines. It's an exciting time, but one that requires some caution as well. No matter how intelligent machines are, ultimately humans control them. That fact creates some ethical considerations, one of which is AI's potential to negatively impact gender parity by entrenching bias. This could have a considerable impact in financial services (FS), considering that 74 percent of FS executives surveyed for Accenture's 2018 Future Workforce report indicated they expect to implement AI to a significant extent over the next three years.

The solid line in the charts represents the net effect of AI, with the bars showing the displacement and income effects.Graphic via PricewaterhouseCoopers It's impossible to say precisely how artificial intelligence will disrupt the job market, so researchers at PwC have taken a birds eye view from the top down, and pointed to the results of sweeping economic changes. Their prediction, in a new report out Tuesday, is that it'll all balance out in the end. But the rise in robots and machine-learning software will make the country more productive over the next two decades, growing at a 2% annual clip, to put nearly the same number of jobs back in the system: 7.2 million, PwC estimates. To be clear those new jobs won't involve building robots or coding AI-powered software, which will only make up around 5% of employment, says John Hawksworth, PwC's chief economist. Instead around 1.5 million, or 22%, of the new jobs will be in health and social work.

Artificial Intelligence (AI) will create as many UK jobs as it replaces in the next 20 years, according to a new data. Research from professional services giant PwC suggested that AI will boost economic growth and create roles as others become redundant. However, the analysis warned that certain industries would be hit harder than others in th shifting employment landscape. While AI could displace around seven million jobs between 2017 and 2037, according to PwC's findings, it could also create 7.2 million – resulting in a net jobs boost of around 200,000 roles in the UK. Some sectors are likely to benefit more than others, particularly health (increasing 22%), scientific and technical services (16%) and education (6%).

The likes of Elon Musk and Bill Gates have made repeated doomsday warnings about artificial intelligence becoming more skilled at humans at just about everything. So it's little surprise that people are scared about a post-AI future where a mostly jobless population subsists on universal basic income while rich people own and operate all the robots. But a new report from consultancy firm PwC joins a growing chorus of more cautious economic forecasts that suggest the future is brighter than we might think. Looking at the UK, PwC found that it's true that robots will replace some jobs, especially in sectors like transport or manufacturing. AI will "displace" 38% of transport jobs, and 30% of manufacturing jobs, according to the report.

Artificial intelligence (AI) could create more jobs than it displaces in Scotland over the next 20 years, according to a report. Research by professional services firm PwC suggested AI could create 558,000 Scottish posts by 2037. Over the same period 544,000 jobs could be lost as a result of automation - resulting in a net increase of 14,000. PwC said the new jobs could come from innovations such as drones, robotics and driverless vehicles. It argued that AI would create employment as productivity and real incomes rise, and new and better products are developed. PwC's latest Economic Outlook indicated that health, education and professional, scientific and technical services would benefit most, with manufacturing, transport and storage and public administration set to be the biggest losers.

Lee Sedol, a champion Go player, plays against Google's AlphaGo AI. AlphaGo would win every game bar one. The likes of Elon Musk and Bill Gates have made repeated doomsday warnings about artificial intelligence becoming more skilled at humans at just about everything. So it's little surprise that people are scared about a post-AI future where a mostly jobless population subsists on universal basic income while rich people own and operate all the robots. But a new report from consultancy firm PwC joins a growing chorus of more cautious economic forecasts that suggest the future is brighter than we might think.

Artificial intelligence is set to create more than 7m new UK jobs in healthcare, science and education by 2037, more than making up for the jobs lost in manufacturing and other sectors through automation, according to a report. A report from PricewaterhouseCoopers argued that AI would create slightly more jobs (7.2m) than it displaced (7m) by boosting economic growth. The firm estimated about 20% of jobs would be automated over the next 20 years and no sector would be unaffected. AI and related technologies such as robotics, drones and driverless vehicles would replace human workers in some areas, but also create many additional jobs as productivity and real incomes rise and new and better products were developed, PwC said. Increasing automation in factories is a long-term trend but robots such as Pepper, created by Japan's Softbank Robotics, are beginning to be used in shops, banks and social care, raising fears of widespread job losses.

Of all the technologies that drive digital transformation in the enterprise, people often tout artificial intelligence (AI) as perhaps the most disruptive of all. As automation becomes increasingly sophisticated, there's no question that AI is in the process of disrupting people's day-to-day jobs. As a result, the buzz has largely focused on whether AI will put people out of work vs. whether it will shift work to more productive tasks, as automation takes the grunt work off of everybody's plate. While such discussions are clearly important, they miss the larger transformative story. Digital transformation, after all, takes place at the organizational or even the industry level.