Accenture - Artificial Intelligence in Business is Shaping Future Workforce - Study

Artificial Intelligence (AI) and human-machine collaboration at the same rate as top performing companies, they could boost revenues by 38 percent by 2022 and raise employment levels by 10 percent.Collectively, this would lift profits by US$4.8 trillion globally over the same period. For the average S&P500 Company, this equates to US$7.5 billion of revenues and a US$880 million lift to profitability. The latest statistics were disclosed in The Accenture Strategy report, Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce? The report also alarms that businesses are might miss major growth opportunities unless CEOs take immediate steps to pivot their workforces and equip their people to work with intelligent technologies, according to new research by Accenture. Both leaders and workers are optimistic about the potential of AI on business results and on work experiences, according to the study. Seventy-two percent of the 1,200 senior executives surveyed said that intelligent technology will be critical to their organization's market differentiation and 61 percent think the share of roles requiring collaboration with AI will rise in the next three years.