10/20/2023 / By Olivia Cook
A survey to gain insight into how professionals are preparing for the age of artificial intelligence (AI) has found that 49 percent of CEOs believe AI not only could – but should – replace them.
Conducted by edX, the online leading education platform for upskilling workers, and the research firm Workplace Intelligence, the survey also revealed that only 20 percent of workers believe their roles could be replaced by AI. (Related: CONSIDER YOURSELF WARNED: Humanoid robots claim they could run the world better than humans.)
From across the United States, edX surveyed the following:
Titled “Navigating the Workplace in the Age of AI,” some of the report findings are as follows:
Anant Agarwal, founder and former CEO of edX, doesn’t believe that there will be some mass exodus of CEOs. He argued that CEOs could stand to gain if they are well-prepared to work comfortably with AI tools and technologies.
Agarwal said that if perspectives were changed, C-suite executives could help replace the more mundane tasks of their job responsibility with AI to maximize the more meaningful ones (e.g., communication, critical thinking, decision-making, emotional intelligence, leadership, management and problem-solving skills) to create sustainable revenue streams, introduce new products, inspire employees and more.
This will be particularly helpful for CEOs of smaller companies. “Small teams can begin looking much bigger, provided they’re upskilled in the use of A.I. tools and technologies,” said Agarwal.
Dan Schawbel, managing partner of Workplace Intelligence, said: “The solution, is more learning and training. Executives who take steps to become proficient with A.I. will be better equipped to make decisions that will position their companies for success in today’s ever-evolving business landscape.”
He added that some leaders have already taken steps to amend this:
Executives are also willing to sweeten the deal for skilled employees and their AI proficiency could provide a considerable career boost:
“I see this as a massive opportunity for CEOs of small businesses,” Agarwal said. “If they don’t see the opportunity, but all the other CEOs do and jump on it and upskill their employees on this, they will lose.”
Andy Morgan, head of edX for business, told Fortune: “For top executives, including prospective and current CEOs, understanding and leveraging AI will be paramount to future success. It’s not about humans versus AI, but rather about how we incorporate these developments into the workplace to ensure long-term relevance.”
Watch this video that examines whether generative AI can replace CEOs.
This video is from the Daily Videos channel on Brighteon.com.
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