six out of 10 CEOs consider it their top investment priority

six out of 10 CEOs consider it their top investment priority

November 20, 2024 – 19:15

A survey revealed opinion about the tool, both concerns and benefits.

AI

According to what was revealed by the KPMG survey in the tenth edition of the ”CEO Outlook”, 64% of global CEOs identified Artificial Intelligence as their “top investment priority” in 2024. The survey included interviews with 1,325 business leaders from the main international markets.

Besides, 63% expect to see a return in the next 3 to 5 years; and a 61% said ethical challenges are among the “most difficult to address” when implementing AI in their companies.

The benefits of artificial intelligence

Likewise, among the main benefits of implementing AI, global CEOs recognize 3: “increased efficiency and productivity”a “better qualification of the workforce to prepare for the future”and the “increased organizational innovation”.

On the other hand, there were areas of concern that marked 50% regarding the ”lack of regulation” and 48% in ”technical skills and abilities”. Furthermore, 76% of those surveyed believe that AI “will not affect the number of jobs in your organization”a number that sounds surprising, since many have expressed fear about the tool replacing human labor.

Finally, 38% consider that their employees have the “adequate skills” to fully leverage the benefits of AI; while 58% agree that the integration of generative AI made “will rethink the skills required for junior positions.”

Source: Ambito

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