It's a given that artificial intelligence will transform the way businesses run. We speak to tech innovators to find out how they're preparing their workforces for the inevitable
The fear that robots will one day take our jobs is ubiquitous. In most industries across all continents, everyone from CEOs to workers on the factory floor know that we are approaching a new future—one where AI allows machines to take on the sort of complex tasks that are usually reserved for us.
But while the headlines feel vaguely dystopian, the reality is that this new tech advance is nothing to be afraid of. It will allow business owners to do everything from predict customer behaviour to manage large-scale production systems in-house, while workers can diversify their skill-set and focus on creative rather than repetitive tasks.
In fact, tech industry experts are almost unanimous in the view that AI will deliver significant economic benefits. According to some estimates, we could see an additional US$16 trillion worth of output from AI alone by 2030, helped by significant rises in labour productivity. If these numbers are correct, the implications will reach far beyond the tech sector. McKinsey predicts that 70 percent of companies will adopt at least one form of AI by 2030.