Security News > 2024 > May > CEOs accelerate GenAI adoption despite workforce resistance

CEOs are facing workforce, culture and governance challenges as they act quickly to implement and scale generative AI across their organizations, according to IBM. The annual global study of 3,000 CEOs from over 30 countries and 26 industries found that 64% of those surveyed say succeeding with generative AI will depend more on people's adoption than the technology itself.

The findings also revealed that 63% of surveyed CEOs say their teams have the skills and knowledge to incorporate generative AI, but few understand how generative AI adoption impacts their organization's workforce and culture.

51% of CEOs surveyed say they are hiring for generative AI roles that did not exist last year, while 47% expect to reduce or redeploy their workforce in the next 12 months because of generative AI. "There is incredible excitement around generative AI, and CEOs want to move beyond the AI hype to deliver business impact. Yet, without the right people and culture in place, progress will be slow," said Matt Candy, Global Managing Partner, IBM Consulting.

CEOs plan to hire additional staff because of generative AI. 40% of CEOs surveyed plan to hire additional staff because of generative AI, yet 53% of respondents say they are already struggling to fill key technology roles.

CEOs surveyed say 35% of their workforce will require retraining and reskilling over the next three years - up from just 6% in 2021.

CEOs cite generative AI adoption as being critical to success, but 64% say their organization must take advantage of technologies that are changing faster than people can adapt.

News URL

https://www.helpnetsecurity.com/2024/05/22/ceos-generative-ai-adoption/