Worried about how AI will impact your work? You're not alone.
Joe Atkinson, global head of AI at PwC, appeared on CNBC's Squawk Box Asia on Tuesday and said everyone from boards of directors to executives to employees have concerns about new technology.
“We're at a complicated time in the world of AI implementation,” Atkinson said. He said the pace of change in AI is “overwhelming for everyone” and there is a “dissonance” between how quickly organizations can change to keep up.
Global companies routinely turn to PwC, one of the industry's leading consulting and accounting firms, for answers to their most critical business questions. As AI rapidly changes the way businesses operate, guidance on reorganizing for an AI-first future has become one of our most popular services.
Mr Atkinson said the next stage in introducing AI within enterprises will be to expand the capabilities of the technology, and companies that act quickly will reap the greatest benefits.
“We've been talking about proofs of concept and experimentation for the last year, but frankly those days are over. We have to scale the impact of AI in our organizations now,” Atkinson said.
“The good news for employees is that I truly believe that if we can scale the impact of AI on our organizations, we can create and unlock growth,” he added.
Data from PwC shows that organizations that adopt AI faster generate three times more revenue per employee than those that adopt slowly.
“This opportunity means not only great benefits for organizations, but also great benefits for employees who leverage these tools to improve productivity, results and creativity,” Atkinson said.
PwC and other leading consulting firms are embracing AI, promoting Client Zero for the solutions they provide to their clients, and implementing AI solutions into all their operations.
Jen Kosar, PwC's AI assurance lead, told Business Insider in August that thanks to AI, PwC's new hires will be filling the roles that managers do within three years.
The technology is also influencing the company's hiring plans. In August, Business Insider obtained a portion of an internal presentation showing how PwC US plans to: Reduce new graduate recruitment It will increase by a third over the next three years, partly due to the “impact of AI.”
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