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AI at Work: The Impact of Artificial Intelligence in the Workplace

With the rapid adoption of artificial intelligence (AI) in the workplace, we wanted to understand how professionals feel about utilizing this Technology. Are they using AI in their current role? Do they think it will Impact their industry? And do they have any concerns about it?

By surveying 1,027 respondents who are active in the workplace, we uncovered a range of perceptions – both positive and negative – about AI at work.

Key Findings

  • 74.8% are concerned AI will impact their industry
  • 18-24 year olds were least concerned about AI’s impact on the industry (66%) and over 65’s were most concerned (80.8%)
  • 78.1% believe AI could reduce some of the stresses of the job, either now or in the future  
  • Industries thought to be positively impacted by AI: Technology, Agriculture, and Manufacturing
  • 66.6% believe AI could do their job 
  • 76.7% think AI will reduce the number of working days in the week for the average American

74.8% are concerned AI will impact their industry

Three quarters of survey participants (74.8%) had concerns about AI impacting their industry. This attitude was broadly consistent across genders and ages. Female respondents were slightly less concerned AI would impact their industry negatively compared to male respondents (72.5% compared with 76.6%).

The age groups which were least and most fearful of AI’s impact on their industry were also the oldest and youngest age brackets in the study: with 66% of 18-24 year olds showing concern rising to 80.8% of over 65s.

Among the biggest concerns were AI’s impact on future salary increases (34.4%) and worries that AI might replace their job (34.3%).

78.1% believe AI could reduce some of the stresses of the job, either now or in the future

However, more than three quarters (78.1%) of Americans also believe that AI could make their job less stressful, either now or in the future. The majority of Americans, 79.1% of respondents, thought employers should offer training for utilizing ChatGPT and AI tools within their roles – indicating a desire to not get left behind and to take proper advantage of the new tools.

Other benefits of AI include increased productivity, cited by 40.2% of respondents. Only 7.7% of those surveyed felt the new technology was of no benefit at all.

Industries thought to be positively impacted by AI: Technology, Agriculture, and Manufacturing

The industries that respondents thought will be most positively impacted are Technology (51.3%), Agriculture (50.6%), and Manufacturing (46.8%).

It is interesting to note that a similar percentage of Americans felt industries would either be negatively affected by AI or not affected at all. The industries that Americans felt could be most negatively impacted by AI are Financial activities and insurance (41.4%), Professional and business services (40.2%) and Leisure and hospitality (38.4%).

Industries that respondents thought will be most impacted most by AI

Industry Positively impacted Negatively impacted No impact
Technology 51.3% 35.2% 13.4%
Agriculture or related industries 50.6% 30.2% 19%
Banking 46% 37% 16.9%
Manufacturing 46.8% 34.9% 18.2%
Education 46.2% 36.6% 17.3%
Healthcare 45.9% 36.6% 17.3%
Information publishing and telecommunications 45.1% 39.1% 15.6%
Construction 43.1% 31.2% 25.6%
Transport and utilities 42.9% 38.1% 18.8%
Wholesale 41.4% 35.5% 22.9%
Financial activities and insurance 40.9% 41.4% 17.5%
Professional and business services 40.9% 40.2% 18.7%
Public sector 40.6% 37.6% 21.7%
Leisure and hospitality 40.1% 38.4% 21.4%

66.6% believe AI could do their job

Surprisingly, two thirds of professionals (66.6%) believed AI could currently do their job, possibly overestimating AI’s ability to perform a wide range of human tasks.

However, Americans were still confident they could outperform AI in their role, in all skills except data analysis (63.2% thought AI is better) and time management (52.5%).

76.7% think AI will reduce the number of working days in the week for the average American

In early October Jamie Dimon, CEO of JPMorgan, made headlines with his prediction that AI will eventually cut down the work week to three and a half days. The majority of Americans seem to agree. In fact, three quarters of respondents (76.7%) believed that AI could help them work fewer days in the future.

Despite some concerns about the impact of AI on their industry, 62.8% of people said they would be for AI if they could receive the same income and the technology could reduce the number of working days in the week.

Additionally, people think AI could help not only reduce the amount of work they do, but it could also reduce the stress of their existing job and workload. 78.1% of respondents felt AI could reduce their work related stress overall, concluding an overwhelming majority who do also see numerous personal benefits to incorporating AI in its current form and as it continues to improve.

Overall, the study suggests that although Americans are wary of the potential consequences of AI technology, with the right training by employers, most people also see the potential benefits that the technology may reap in the workplace – both professionally and for their own personal well-being.

Methodology

Using Amazon’s survey platform, we surveyed 1,097 Americans in October 2023 about topics relating to AI and its impact on their industry.

The breakdown of the people we surveyed was as follows:

Age ranges:

  • 18-24 – 4.58%
  • 25-34 – 32.6%
  • 35-44 – 44.1%
  • 45-54 – 11.7%
  • 55-64 – 4.5%
  • 65+ – 2.5%

Gender:

  • Female – 50.6%
  • Male – 47.5%
  • Non-binary – 1.7%
  • Prefer not to say – 0.2%


This post first appeared on Spokeo People Search Blog | Famous People News Of The Day, please read the originial post: here

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AI at Work: The Impact of Artificial Intelligence in the Workplace

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