AI Revolution: What do business leaders think about it? – AI Revolution: What Do Business Leaders Think?
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Published on: January 24, 2019 / update from: January 24, 2019 - Author: Konrad Wolfenstein
PwC just presented its annual Global CEO Survey at the World Economic Forum in Davos. The survey of almost 1,400 entrepreneurs gives a sense of the general business climate, which this year has been marked by a general increase in pessimism, particularly due to trade disputes and political uncertainty. A portion of the survey is also dedicated to the impact of artificial intelligence on the world and provides insight into business leaders' views on the topic.
The vast majority of the latter (63%) believe that the AI revolution will have an even greater impact on the world than the Internet revolution, and around one in five CEOs are very convinced of this. On the other hand, business leaders are much more divided over the impact of this technology on the labor market. In fact, 41% believe artificial intelligence will replace more jobs than it can create, and only 49% believe the opposite effect will occur.
PwC has just unveiled its annual Global CEO Survey at the World Economic Forum in Davos. The survey of nearly 1,400 business leaders gives an idea of the general business climate, which this year is marked by a general increase in pessimism linked in particular to trade disputes and political uncertainties. Part of the survey is also dedicated to the impacts of artificial intelligence around the world and provides a glimpse into the views of business leaders on this subject.
The vast majority of the latter (63%) believe that the AI revolution will have even more impact on the world than the Internet revolution and about one in five CEOs is even very convinced of it. On the other hand, business leaders are much more divided on the effects of this technology on the labor market. Indeed, 41% believe that artificial intelligence will replace more jobs than it can create and only 49% believe that the opposite effect will occur.
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