As with any disruptive technology, GenAI has aroused anxiety as well as excitement. Discussion of negative outcomes has been prominent in public discourse, particularly around the economic impact. Image: Shutterstock

With its potential to transform life as we know it, generative AI (GenAI) has taken the world by storm. Beneath the hype, knowing how people are using the technology and their attitude towards it could help us anticipate its trajectory. A new INSEAD survey of managers and executives across industries and continents may offer some clues.

The survey of some 1,200 INSEAD alumni illustrates that corporate decision-makers and employees alike are embracing the transformative technology. In fact, two out of three respondents were already using it in both their personal and professional lives.

Notably, respondents’ concerns about AI’s potential negative impact were not necessarily in line with popular misgivings. For example, their top worry was not that AI would kill jobs but its potential misuse, with the associated ethical and safety implications.

Indeed, respondents who said GenAI would benefit employees more than top leaders outnumber those that believed the reverse. This likely reflects a belief that AI will democratise access to information and improve efficiency for a wide range of jobs.

[This article is republished courtesy of INSEAD Knowledge
http://knowledge.insead.edu, the portal to the latest business insights and views of The Business School of the World. Copyright INSEAD 2023]

QOSHE - What business leaders really think about Generative AI - Jason P. Davis
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What business leaders really think about Generative AI

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23.04.2024

As with any disruptive technology, GenAI has aroused anxiety as well as excitement. Discussion of negative outcomes has been prominent in public discourse, particularly around the economic impact. Image: Shutterstock

With its potential to transform life as we know it, generative AI (GenAI) has taken the world by storm. Beneath the hype, knowing how people are using the technology and........

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