More than two-thirds of business leaders believe AI is essential for business operations and competitiveness in global markets, but 97% express concerns related to their AI plans
boston, May 7, 2024 /PRNewswire/ — GP (Globalization Partner)The company, a recognized global employment market leader and industry compliance standards officer, today provides a comprehensive view of how and where AI will have the greatest impact on global business growth and employment. We published a revealing research report: AI at Work: Unlocking Global Opportunities.
The report found that business leaders around the world are feeling pressure to adopt AI, with 81% reporting their organization has an established AI program and 84% planning to make further investments in technology this year. I understand. But without the right people, processes, and technology in place, organizations are often unprepared for successful AI implementation.
“AI is redefining the limits of what is possible in global business,” he said. Nat Natarajan, Chief Product Strategy Officer, GP. “But we have only scratched the surface of AI, and its potential is still largely unrealized. AI is evolving at an exponential rate, and we are leveraging the technology to move forward on the global stage. Companies seeking to succeed require strategic planning, investment, and continuous learning.” ”
Key findings from GP's AI at Work report include:
- Towards globalization. Business owners around the world are thinking about how to leverage AI to expand into new markets and build new teams. 96% of executives believe that companies that use AI to support asynchronous work across countries and time zones will soon overtake those that don't.
- Increased investment. Organizations around the world are investing more in AI than in their employees. Nearly 60% of executives say they spend more money implementing and developing AI technology and tools than hiring and retaining employees.
- Bring out your talent. To properly leverage AI, you need to call in the experts. An overwhelming 98% of executives predict that their organizations will need to create new roles to successfully implement and monitor AI.
- Reduce risk. Executives are losing sleep worrying about the misuse of AI. Two-thirds report that their biggest concern is the financial impact of using AI incorrectly. Surprisingly, loss of sensitive or proprietary data is at the bottom of the list.
“AI has a lot of potential to drive value impact, but only if it is realized in partnership with a forward-thinking workforce,” he says. Zachary Chartok, Research Manager, Employee Experience, IDC. “AI is changing the narrative of digital use cases to one focused on employee empowerment. To build a winning formula with AI, organizations must educate their employees about how to work with AI-based tools. As much as you need to invest in training your people, you need to invest in training your employees.”
Download GP's AI at Work report to learn more about the current state of AI in the workplace and how you can leverage it to navigate the complexities of the global business environment.
methodology
To better understand how leaders are addressing the role of AI amid the complexity of the global business environment, GP partnered with a third-party research firm to survey more than 1,500 people around the world. We conducted a survey targeting business owners. Considering factors such as adoption and adoption, risk and compliance, and competitive advantage, the study's findings provide insight into how AI can drive growth and innovation, and ultimately reshape the future of work. Provide practical knowledge to his business leaders.
About GP
GP is a recognized leader in the global employment industry and, since 2012, has provided world-class global compliance and workforce products designed to meet the needs of growing businesses. GP's global growth platform is powered by the GP Meridian™ Suite of SaaS-based global employment. product. GP helps thousands of customers in more than 180 countries quickly and compliantly build and manage teams without having to deal with legal, tax, or HR issues.
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