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Fortune 500 CHROs Expect AI to Replace Jobs in Next Three Years

Just 3 in 10 workers agree AI can be beneficial.

TNCR Staff

According to a recent Gallup survey, 72% of CHROs in Fortune 500 companies foresee AI significantly impacting jobs within their organizations in the coming three years. While leaders are optimistic about the transformations AI can bring, the general workforce presents a contrasting picture.

Employees, on the other hand, are largely unprepared to integrate AI into their daily work routines and are skeptical of the technology’s touted benefits. Many have not yet engaged with the technology in any meaningful way, and a significant portion express concerns or uncertainties regarding the impact on their job security and career progression.

This divergence between leadership optimism and workforce skepticism poses a complex challenge that organizations must navigate carefully as they look to adopt AI-based technologies.

Why it matters: The implications of AI’s rapidly growing influence are manifold, particularly for technology leaders and their organizations. The chasm between leaders’ optimistic outlook and employees’ unpreparedness poses critical challenges.

While CHROs and other senior leaders are optimistic about how AI can revolutionize business operations, most workers remain skeptical and cautious. This divide suggests that organizations must do a better job at communicating the strategic benefits of AI, not just at the leadership level, but also to their entire workforce.

The readiness and eagerness among leaders to deploy AI starkly contrast with the current workforce engagement with the technology. Only one in 10 employees uses AI at least weekly, illustrating a significant gap in technological adaptation. This reveals an urgent need for educational initiatives to bring the workforce up to speed.

Over half of the surveyed employees don’t feel prepared to work with advanced technologies like AI. This highlights a pressing need for reskilling and workforce development programs. Technology leaders should prioritize educational programs, perhaps in partnership with HR, to ensure that employees have the necessary skills for the future.

The data indicates that AI will become a substantial factor in job displacement within the next three years. Organizations, therefore, have a narrow window to prepare their workforce for this transition. Proactive steps such as internal training programs, external educational partnerships, and robust communication strategies are imperative.