- Almost half of U.S. managers surveyed by Beautiful.ai are concerned that AI tools could lower wages.
- Some administrators say tools like OpenAI's ChatGPT can do a better job than those.
- Still, research shows that the majority of bosses are using AI to manage their teams.
Administrators are concerned that using powerful generative AI tools like OpenAI's ChatGPT in the workplace will reduce their pay.
AI startup Beautiful.ai surveyed 3,000 Americans in management positions to understand their attitudes toward using technology.
Of those surveyed, 48% of managers said AI tools are a “threat to payroll” and will “accelerate wage declines” across the U.S. by 2024.
Part of that anxiety stems from the belief that technology can perform jobs more efficiently, with 64% of those surveyed believing that technology's performance and productivity are only as good as the quality of work produced by human managers. “equivalent'' and “potentially superior.''
As it turns out, this technology has a lot to offer. ChatGPT, released in November 2022, can generate videos, create marketing materials, and create lesson plans. In early March, Cognition announced Devin, the company's “first AI software engineer,” who the company claims can fix bugs and train AI models.
Bosses also appear concerned that the tools could lead to lower wages for their employees. According to Beautiful.ai, 62% of managers surveyed said their employees felt that their AI could ultimately force them out of their jobs. 45% of leaders said the technology would provide an “opportunity to lower pay” across the workforce.
According to the study, “There is no question that the introduction of AI tools has led to employees questioning their value to the company.”
The findings about managers' pay concerns add to a growing body of research showing how employees feel technology can impact their income. A Pollfish survey released last May found that nearly 79% of U.S. workers are concerned that their pay will be cut by the introduction of AI across generations.
And it may already be threatening some jobs. As of April 28, more than 70,000 workers in the tech industry were laid off in 2024, according to data from unemployment tracker Layoffs.fyi, and analysts say increased investment in AI will be a tailwind. There is a possibility that this has happened. His CEO of an e-commerce company said he has replaced 90% of his support staff with his AI chatbot. A freelance copywriter claimed that he started losing clients because of ChatGPT.
On the contrary, this technique has the potential to increase rewards. An Access Partnership survey conducted last December found that employers are willing to offer at least a 30% salary increase to employees with her AI skills. Big companies are also offering salaries well above six figures to attract talent. Generative AI has even spawned a cottage industry of side hustles like ChatGPT course teaching and content editing.
and while no one was there Really We know how AI can disrupt business operations, with 64% of managers using AI daily or weekly to help manage their workforce since the beginning of 2024, according to Beautiful.ai. It states that
“Companies are expected to make greater use of AI in the future. The question is not if, but when, to introduce technology into the workplace,” the study said.
Beautiful.ai did not immediately respond to Business Insider's request for comment before publication.
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