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 seismic impact


There's a 50-50 chance AI will be able to do ALL our jobs within a century, experts say

Daily Mail - Science & tech

Experts predict a 50-50 chance machines could take over all our jobs within a century. But a poll of 16,000 workers has found many employees believe AI could do it already. Nearly half have admitted the technology can outperform them in'routine tasks' – while also paying better attention to detail. The finding comes just weeks after a leading think tank warned AI could take over eight million jobs in the UK if the government doesn't act fast. The'jobs apocalypse' is expected to see admin and entry-level roles first – but will increasingly affect those higher paid as it becomes more sophisticated.

  Country: Europe > United Kingdom (0.51)
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Even the boss is worried! Hundreds of chief executives fear AI could steal their jobs too

Daily Mail - Science & tech

Even your boss is worried AI could steal their job. Hundreds of chief executives fear the technology will take over their role one day. Many admit they already secretly use tools such as ChatGPT to help them carry out their daily responsibilities – and pass the work off as their own. The finding comes just weeks after a leading think tank warned AI could take over eight million jobs in the UK. Company bosses are hurriedly sending'novice' staff on AI bootcamps to get them up to speed as a result, according to a report by AND Digital.


AI's Seismic Impact On Finance: More Human-Augmenting Than You May Think

#artificialintelligence

The continuous integration of data, processes, and algorithms is profoundly reshaping finance organizations. However, confusion on how far-reaching the possibilities can be remains prevalent among CFOs and finance leaders. For this reason, SAP and the University of Applied Sciences Berlin (HTW Berlin) joined forces to research how artificial intelligence (AI) is changing finance organizations all over the world. I want to thank the 164 professionals, which included finance specialists, CFOs, and other top executives, who participated in our study. With their insight, we uncovered how the true potential of AI is going beyond teaching machines to think, converting image and speech into captured information, and automating rules-based tasks and process.