In today’s rapidly evolving world, the impact of productive artificial intelligence (gen AI) platforms and tools is predicted to be immense on the future of work. Even before seeing the results, this disruption is already apparent. The question that IT leaders and business executives need to ask themselves is: How can we leverage this revolution instead of being overwhelmed by it?
A significant portion of executives state that their organization is at least partially unprepared for adopting artificial intelligence (AI) and machine learning (ML), according to the Global AI Indicator Report by Workday. Only 6% claim to be fully prepared, while one in four executives is concerned that their leaders lack the necessary technical skills to keep up with AI and ML innovations.
Although these data points may raise concerns, decision-making is generally optimistic about their organization’s adaptability. More than half (55%) of executives welcome the adoption of AI and ML in their organization, and 53% believe that artificial intelligence will significantly enhance human capability.
This level of optimism in the face of disruption stems from shared characteristics that make real leaders stand out: vision and adaptability.
“As you learn, you adapt. So, you’re not just trying to get better at shooting arrows, you actually change the tool you’re using to shoot arrows,” says Sayan Chakraborty, Co-President at Workday. “That’s a big difference between machine learning and traditional approaches.”
The real litmus test is how well organizations will learn to evolve with the changes enabled by artificial intelligence. This includes changes at the top, at every level, spanning from the CFO, CHRO, to the CIO.
Frequently Asked Questions (FAQ) about artificial intelligence in the future of work:
1. What is the impact of productive artificial intelligence platforms and tools on work?
2. How can we leverage this revolution in the workplace?
3. How prepared are businesses for adopting artificial intelligence and machine learning?
4. What are the required technical skills for leaders to keep up with AI and ML innovations?
5. How can artificial intelligence and machine learning enhance human capability?
6. What characteristics make decision-makers effective leaders and how do they relate to adaptability and vision?
Key terms and technical jargon used in the article:
1. Artificial Intelligence: Technology that enables machines and systems to mimic human intelligence and perform tasks that require intelligence.
2. Machine Learning: Subset of artificial intelligence that allows machines and systems to learn and improve their performance autonomously, without being directly programmed.
Recommended relevant links for further information:
1. Workday – Financial management and human capital solutions.
2. Devel.ai – Platform for developing AI and ML applications.
3. Greece AI – Greek community for artificial intelligence and machine learning.
Note: We chose not to add specific subpage links, only the main website, to ensure the validity of the links.