HomeData scienceAI at Work: Good friend and Foe

AI at Work: Good friend and Foe


New Research from BCG Reveals that Staff’ Confidence in AI and GenAI Is Rising, however Half of Common Customers Imagine Their Job Might Disappear within the Subsequent Decade

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The feelings of staff around the globe about AI and GenAI are evolving considerably, however cautious optimism endures, with 42% reporting confidence concerning the applied sciences’ affect on their work, in comparison with 26% at round this time final yr. Nevertheless, anxiousness concerning the applied sciences can also be on the rise, by 5 proportion factors, and 49% of standard customers imagine their job might disappear within the subsequent ten years as a result of growth of AI and GenAI, a view shared by solely 24% of staff who don’t use them.

These are among the many findings of a brand new report being revealed by Boston Consulting Group (BCG). Titled AI at Work: Good friend and Foe, the examine follows the agency’s inaugural AI at Work survey from final yr and is predicated on a world survey of greater than 13,000 staff in 15 international locations and areas performed by BCG X, BCG’s tech construct and design division. The survey’s respondents vary from government suite leaders to frontline staff who don’t maintain managerial positions, though most respondents work in office-based roles.

The survey was performed at a vital section within the maturation of GenAI, as corporations transfer past pilots and begin to combine the know-how into the material of their organizations. Almost two-thirds of leaders (64%) say they’re beginning to implement GenAI instruments to reshape their organizations. Engagement with the know-how has elevated during the last yr, significantly with frontline staff—greater than twice as many report utilizing the device usually as did in 2023, and 43% of them accomplish that for work.

“Our survey exposes the double-edged nature of GenAI. Familiarity correlates with each consolation and worry. GenAI is a revolutionary know-how, so these opposing reactions shouldn’t be shocking,” mentioned Sylvain Duranton, a managing director and senior accomplice at BCG and a coauthor of the report. “By recognizing the advanced methods through which people perceive and work together with GenAI, leaders can reshape their organizations to maximise the strengths and worth of each their human and machine staff.”

Though corporations have made strides in coaching their staff since final yr’s survey, there stays fairly a little bit of potential for additional progress, as solely 30% of managers and 28% of frontline staff have already been educated in how AI will change their jobs, in contrast with half of leaders.

The examine additionally reveals that 58% of respondents who use GenAI for work report that utilizing the device is saving them at the very least 5 hours per week, and these respondents say they’re utilizing this freed-up time to carry out extra duties (41%) or new duties (39%), experiment with GenAI (38%), or work on strategic duties (38%).

“We’re coming into a brand new period for GenAI which is much less about optimism and curiosity and extra about confidence and worth realization. Adoption has elevated and people are beginning to see the advantages, mentioned Vinciane Beauchene, a managing director and accomplice at BCG and a coauthor of the report. “Corporations are additionally beginning to notice that getting the worth out of their funding would require them to assume past productiveness and take a extra holistic and proactive strategy to redirect the time saved to probably the most useful and joyful actions, to reskill their staff to take action, and to reshape their organizations and working fashions as a consequence.”

Geographically, the survey reveals that respondents from International South international locations akin to Brazil, India, Nigeria, South Africa, and people within the Center East had been extra constantly bullish and fewer anxious than respondents in mature markets about GenAI. The International South additionally has a better proportion of standard customers of GenAI at work amongst its leaders, managers, and frontline staff than the International North does. Managers and frontline staff from the International South had been extra doubtless than their friends within the International North to have obtained GenAI coaching prior to now yr. Within the time freed up by utilizing GenAI, International South respondents had been extra more likely to experiment with the device, interact in skilled growth, and give attention to the standard of their work.

The authors present a set of 5 key suggestions for organizations as they proceed their ongoing transformations constructed round GenAI:

  • Set up a transformation-first mindset
  • Handle all of your transformations
  • Construct coaching muscle at scale
  • Emphasize how GenAI can enhance worth creation and worker pleasure
  • Anticipate the evolution of roles, expertise, working mannequin, knowledge, and governance

“Comprehensible human reactions to those applied sciences can pose challenges to corporations as they proceed on their GenAI journeys,” mentioned Jeff Walters, a managing director and senior accomplice at BCG and a coauthor of the report. “However as we famous in final yr’s report—and it nonetheless holds true this yr—these are extra change administration challenges than know-how challenges. And now’s the time for organizations to double-down on their dedication to transformation constructed round GenAI.”

Obtain the publication right here.

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