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Mar 26, 2024

Survey reveals almost half of all managers aim to replace workers with AI, could use it to lower wages

Posted by in categories: employment, robotics/AI

A hot potato: A lot of companies try to assuage fears that employees will lose their jobs to AI by assuring them they’ll be working alongside the tech, thereby improving efficiency and making their duties less tedious. That claim feels less convincing in light of a new survey that found 41% of managers said they are hoping to replace workers with cheaper AI tools in 2024.

A report by Beautiful.ai, which makes AI-powered presentation software, surveyed over 3,000 managers about AI tools in the workplace, how they’re being implemented, and what impact they believe these technologies will have.

The headline takeaway is that 41% of managers said they are hoping that they can replace employees with cheaper AI tools in 2024. This backs up previous reports that looked at potential jobs losses caused by generative AI, including one from September that predicted the technology would replace over 2 million US jobs by 2030. An earlier study claimed that generative AI could affect 300 million jobs globally.

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