With the rise of AI adoption, corporate leaders are facing tough decisions on which IT roles can be automated by evolving technology and which ones cannot.
This dilemma arises as experts predict that up to a quarter of IT positions could be replaced by generative artificial intelligence (genAI) tools.
“There have been significant layoffs,” noted David Foote, chief analyst at IT research firm Foote Partners. “Companies are identifying employees who may have been valuable in the past but do not align with the new tech-driven economy they are investing in.”
Foote estimates that AI could potentially take over 20% to 25% of tech jobs in the future.
While AI may eliminate the need for human intervention in certain areas, it will also boost productivity, necessitating professionals to upskill and transition into more strategic and creative roles, as outlined in a research report by Foote.
A survey conducted among CFOs in June by Duke University and Federal Reserve banks revealed that 32% of organizations plan to leverage AI within the next year for tasks previously handled by humans. Additionally, during the first half of 2024, nearly 60% of companies (and 84% of large enterprises) had implemented software or technology to automate tasks formerly performed by employees.
2024-09-12 09:15:02
Article from www.computerworld.com