CEOs fear for their jobs if they fail to meet expectations in artificial intelligence.
It has been determined that artificial intelligence strategies are considered essential, according to a report.
A recent report from Dataiku has revealed that a large majority of CEOs are concerned about the possibility of losing their jobs due to inadequate artificial intelligence (AI) strategies. Specifically, 74% of CEOs believe they could face unemployment within two years if they do not manage to deliver measurable business outcomes driven by AI. Furthermore, more than half (54%) feel that their competitors have implemented more effective AI strategies.
Despite these concerns, there has been significant uncertainty surrounding the EU AI Act, which has caused many European companies to hesitate in adopting AI. As a result, this regulatory uncertainty has led to project cancellations in 40% of French companies and 33% of German ones. In the UK, only 20% of companies have been affected, highlighting that nearly one in four British CEOs has a formal AI plan for the coming year, a figure that is twice the global average and five times higher than that of Germany.
Meanwhile, companies like Salesforce and AWS are betting heavily on AI, as 94% of CEOs believe that AI agents could provide business advice equal to or better than that of a human board member. However, not all AI initiatives are being implemented with clear purposes, as it is estimated that over a third (35%) of these projects are considered 'AI washing,' a practice aimed at creating an image of innovation without true backing in technology.
Dataiku also highlighted the potential negative impacts that poor and delayed strategies can have on security, as 94% of CEOs suspect their employees are using generative AI tools like ChatGPT without the company's approval. Florian Douetteau, CEO of Dataiku, stated that "every decision about AI today feels like a risky bet that can either drive competitive dominance or lead to costly consequences." For him, the key to turning AI into a sustainable advantage lies in exercising greater control and governance.
