Digital Labor & Human Capital - Texas CEO Magazine

Seven out of ten corporate executives say they are making significantly more investments in artificial intelligence (AI) than just two years ago, according to Accenture's recent Technology Vision survey. And more than half say they plan to use machine learning and embedded AI solutions extensively. The race toward a digital future has begun and within the next five years, mastering the impact of this technology on future strategy will be a critical task for every CEO. Computational speed, machine learning and natural user interfaces have all advanced to the point where computers can do jobs that, previously, only humans could do. Intelligent digital labor is set to spark a radical change in labor dynamics, with research from market analyst firm, Gartner, suggesting that by 2030, virtual talent spending will exceed 10 percent of human staff costs.