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HomeCloud ComputingAI’s impact on cost savings, productivity, and jobs

AI’s impact on cost savings, productivity, and jobs

For enterprises considering how to use AI to eliminate jobs and cut costs, can I be frank? You’re doing it wrong.

Recently Goldman Sachs released a report that suggests up to 300 million jobs could be cut in the wake of AI, finding that [R]oughly two-thirds of current jobs are exposed to some degree of AI automation, and… generative AI could substitute up to one-fourth of current work.” Sure. Maybe. It’s entirely possible that short-sighted Scrooges in the executive suite will look for ways to cut jobs in order to save money.

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