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Technology

Although 80% of companies are investing in AI, half aren’t sure how to use it

HR Dive

March 19, 2024

Technology

Although 80% of companies are investing in AI, half aren’t sure how to use it

HR Dive

March 19, 2024

Photo by Steve Johnson on Unsplash

Many companies are stepping up their investment in AI despite being uncertain about the business impact or implementation, according to a March 13 report by Orgvue, an organizational design and planning software platform.

For instance, 82% of organizations have invested in AI, according to an Orgvue survey, and 33% will increase their investment by more than 50% in the coming year. However, half aren’t sure about the best way to use it in the workplace.

“Organizations are beginning to realize that the practicalities of embedding AI into core business operations is far from simple,” Oliver Shaw, CEO of Orgvue, said in a statement.

“There’s a dichotomy between the need for business leaders to prepare for AI entering the workforce, their desire for change, and the organization’s ability to make this transformation a reality,” he said. “This gap in thinking stems from a lack of clarity on exactly how AI will impact the business and the workforce.”

In an international survey of 1,000 C-suite and senior decision-makers at medium and large organizations, 61% said they expect AI to replace people in their company, and 69% said they think AI will be the main driver of workforce transformation in the next three years. At the same time, 48% said they’re not sure how they’ll manage developments in AI to optimize use of the technology.


Read Full Article Here.

A lack of organizational expertise, as well as employee skepticism and lagging regulations could affect AI adoption.
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