AI is increasingly being embraced and adopted by executives, according to the annual AI at Work Report, released by Globalization Partners (G-P).
Nearly all global executives (91 percent) are actively scaling up their AI initiatives and 74 percent report AI is critical to their company’s success, stated a recent release. Only 1.0 percent of executives reported not using AI at all.
“AI is no longer just experimental technology. It’s become a strategic pillar for companies looking to stay competitive, no matter where they are around the world,” said Nat Natarajan, chief product and strategy officer, G-P. “As AI’s value in augmenting work and improving productivity continues to be recognized, trust in its capabilities has grown. However, to address concerns about privacy and bias, organizations must prioritize the accuracy of inputs along with human oversight to ensure that AI is not only powerful but also reliable and responsible.”
The AI at Work Report highlights the transformative impact of AI on modern work and business. The findings reveal executives are ready to push beyond basic AI solutions, harnessing the technology’s potential for increased innovation and optimization and to drive success in a digital-first world.
Employees and leaders alike are relying on AI for a substantial portion of their day-to-day tasks, with 74 percent of executives using AI for more than 25 percent of their work. Two-thirds of executives (67 percent) would rather use AI and be 50 percent more productive, even if it means reducing headcount, the release said.
While close to all executives (92 percent) report that their organization requires approval to implement a new AI product, more than a third (35 percent) of business leaders reported they would just use the technology anyway, even if they were not authorized.
The willingness of executives to change jobs for AI access underscores its importance in today’s professional environment—nearly half of executives (46 percent) surveyed said they were willing to switch jobs over AI availability or encouragement of AI usage.
HR departments are rapidly embracing AI technology. The release stated that nearly a quarter of HR leaders believe automating key legal compliance requirements is one of the greatest opportunities to boost AI-driven productivity.
HR leaders see AI as a crucial ally in redefining and elevating their work and their organization as a whole—82 percent believe AI is essential to their company’s success.
“AI is evolving the landscape of HR automation. HCM (human capital management) some of the earliest experimentation with AI and now has some of the highest prevalence of configured and trained AI assistants, advisors, and agents,” Zachary Chertok, senior research manager for employee experience at International Data Corp. said in the release.
“Compliance management, communications enhancements, compensation and pay, collaboration, and training are among the top areas for organizational AI use. HR’s growing use of AI is refocusing its priorities on driving individual employee enablement while helping HR leaders embed factors of workforce performance into frameworks for managing and measuring business performance.”
HR needs AI it can trust. Laws shift overnight, regulations vary across borders, and the stakes are high. One misstep could mean a negative employee experience, legal hassles, or a damaged reputation.
