Adecco Group survey predicts that AI will reduce numerous companies’ workforce within five years by automating tasks or making jobs obsolete, potentially eliciting varied responses.
The Adecco report surveyed executives from 2,000 large firms globally and found that 41% foresee reduced staff due to AI advancements.
Generative AI’s ability to produce content has ignited debates over its impact on employment, balancing potential job creation against obsolescence.
Recent tech industry layoffs underscore these concerns amid a pivot to AI technologies like ChatGPT and Gemini.
The Adecco survey, one of the most comprehensive on AI, echoes a World Economic Forum finding: 25% of businesses expect AI-induced job losses, yet half foresee new job creation.
Despite recognizing AI’s transformative potential, most admit to lagging in its adoption, Adecco’s CEO Denis Machuel commented to Reuters.
Machuel views AI as a potential job creator and eliminator, drawing parallels to the digital revolution’s impact on employment.
He advocates for companies to train existing employees for AI integration rather than hiring external experts.
