Survey Shows: 25% of Global CEOs Expect Generative AI to Lead to at Least 5% Layoffs in 2024
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During the World Economic Forum in Switzerland, a survey conducted by PwC revealed that a quarter of global CEOs anticipate that the deployment of generative artificial intelligence will lead to at least a 5% reduction in workforce this year. The survey also indicated that 46% of the CEOs surveyed expect generative AI to enhance profitability within the next 12 months. These findings highlight the profound impact AI models are expected to have on the economy and society.
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