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Nearly half of CEOs believe AI could, and should, replace them
10/20/2023 // Olivia Cook // 4.4K Views

A survey to gain insight into how professionals are preparing for the age of artificial intelligence (AI) has found that 49 percent of CEOs believe AI not only could – but should – replace them.

Conducted by edX, the online leading education platform for upskilling workers, and the research firm Workplace Intelligence, the survey also revealed that only 20 percent of workers believe their roles could be replaced by AI. (Related: CONSIDER YOURSELF WARNED: Humanoid robots claim they could run the world better than humans.)

From across the United States, edX surveyed the following:

  • More than 500 CEOs – Accountable to the firm's board of directors or stakeholders and often the public face of the company, CEOs are responsible for making major corporate decisions, managing overall operations and setting the entity’s strategic direction.
  • 800 C-suite (also referred to as C-level) executives – The term is used to describe top-tier executives in a company with "chief" in their job titles. Often highly paid and influential, these high-ranking senior executives are responsible for particular areas within a company’s hierarchy.
  • 800 knowledge workers – They are high-level workers who are paid to think for a living, unlike manual laborers who are paid to perform physical tasks. They apply theoretical and analytical knowledge acquired through formal training, such as architects, design thinkers, engineers, financial analysts, lawyers, physicians, scientists, etc.

Titled "Navigating the Workplace in the Age of AI," some of the report findings are as follows:

  • 49 percent of CEOs believed that AI could – and should – completely automate "most" or "all" of their job functions or be replaced by AI – viewing it as a desirable development. (Related: Rise of the robots: 8 Professions that will be taken over by AI technology.)
  • 79 percent of executives were concerned about falling behind and worry that if they don't learn how to use AI, they'll be unprepared for the future of work with AI tools and technologies – and their worries extend to the company workforce as well.
  • 49 percent of the skills that currently exist in their workforce won’t be relevant in 2025, according to CEOs and other C-suite executives in the survey – with 47 percent of their workforce being "unprepared for the future of work" and only 24 percent of the workforce using their company’s programs to learn, develop or upgrade their AI skills.
  • 87 percent of the C-suite executives in most companies are finding it difficult to get ahead of the AI trend and are struggling to find talent with AI acumen or skills; 77 percent say AI is "disrupting" their business strategies.

CEOs aren't going anywhere

Anant Agarwal, founder and former CEO of edX, doesn't believe that there will be some mass exodus of CEOs. He argued that CEOs could stand to gain if they are well-prepared to work comfortably with AI tools and technologies.

Agarwal said that if perspectives were changed, C-suite executives could help replace the more mundane tasks of their job responsibility with AI to maximize the more meaningful ones (e.g., communication, critical thinking, decision-making, emotional intelligence, leadership, management and problem-solving skills) to create sustainable revenue streams, introduce new products, inspire employees and more.

This will be particularly helpful for CEOs of smaller companies. "Small teams can begin looking much bigger, provided they're upskilled in the use of A.I. tools and technologies," said Agarwal.

Dan Schawbel, managing partner of Workplace Intelligence, said: "The solution, is more learning and training. Executives who take steps to become proficient with A.I. will be better equipped to make decisions that will position their companies for success in today's ever-evolving business landscape."

He added that some leaders have already taken steps to amend this:

  • 41 percent increased their training budgets for AI technologies and AI tool proficiency.
  • 39 percent are now requiring their employees to learn AI tools, develop skills and be proficient at using them.

Executives are also willing to sweeten the deal for skilled employees and their AI proficiency could provide a considerable career boost:

  • 72 percent of executives believe that their company should double down on A.I. learning and development programs over the next two years.
  • 82 percent believe AI-skilled workers should be compensated based on their level of proficiency using AI – the more skilled workers should be paid more.
  • 74 percent believe technology-savvy workers should be promoted more often.
  • 82 percent of these C-suite executives believe that employees should be allowed to use A.I. to work multiple jobs.

"I see this as a massive opportunity for CEOs of small businesses," Agarwal said. "If they don't see the opportunity, but all the other CEOs do and jump on it and upskill their employees on this, they will lose."

Andy Morgan, head of edX for business, told Fortune: "For top executives, including prospective and current CEOs, understanding and leveraging AI will be paramount to future success. It's not about humans versus AI, but rather about how we incorporate these developments into the workplace to ensure long-term relevance."

Watch this video that examines whether generative AI can replace CEOs.

This video is from the Daily Videos channel on Brighteon.com.

More related stories:

Leftists are planning to grant 'personhood rights' to 'conscious' artificial intelligence in near future… which means AI software will be able to VOTE.

Welcome to your jobless future… Artificial intelligence will replace half of all jobs in the next decade.

AI takeover is INEVITABLE: Experts warn artificial intelligence will become powerful enough to control human minds, behaviors.

Sources include:

Technocracy.News

Press.edX.org

Investopedia.com

CorporateFinanceInstitute.com

Business.edX.org

Inc.com

Brighteon.com



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Daniel 11:31 -- "Forces from him will arise, desecrate the sanctuary fortress, and do away with the regular sacrifice. And they will set up the Abomination of Desolation."

The Greek high god Zeus was the god of the original "Abomination of Desolation" set up in 167 B.C. by Antiochus IV "Epiphanes," the Hellenistic Seleucid ruler who tried to ruin Israel.

1st Maccabees 1:54 (KJV) -- "Now the fifteenth day of the month Casleu, in the hundred forty and fifth year, they set up the Abomination of Desolation upon the altar, and builded idol altars throughout the cities of Juda on every side..."

2nd Maccabees 6:2 (KJV) -- "And to pollute also the Temple in Jerusalem, and to call it the temple of Jupiter [Zeus] Olympius; and that in Garizim, of Jupiter [Zeus] the Defender of Strangers, as they did desire that dwelt in the place."

A similar event occurred during the reign of the Roman emperor Caligula (A.D. 37-41). The Roman god Jupiter was the equivalent of the Greek god Zeus. Caligula tried to have an enormous statue of himself in the guise of Jupiter installed in the Temple at Jerusalem for worship, but he was assassinated before it could be accomplished.

These events were "types," or "foreshadowings," of the future Abomination of Desolation that will be set up for the Antichrist. Matthew 24:15 -- "Therefore when you see the Abomination of Desolation which was spoken of through Daniel the prophet, standing in the holy place (let the reader understand)..."

Revelation 13:14-15: "And he (the False Prophet) deceives those who dwell on the earth because of the signs which it was given him to perform in the presence of the Beast (the Antichrist), telling those who dwell on the earth to make an image to the Beast who had the wound of the sword and has come to life. And it was given to him to give breath to the image of the Beast, so that the image of the Beast would even speak and cause as many as do not worship the image of the Beast to be killed."

That may be some form of AI, or AGI. "Artificial General Intelligence is considered by some to be the end goal of artificial intelligence development. Instead of having an AI that can perform specific tasks, an AGI would be able to perform any task you set it, and with enough time and computational power, do it well."

Be ready for what is coming! Read the Bible by beginning with the Gospel, According to John. The verbatim quote of Jesus Christ in John 6:47 is "Verily, verily, I say unto you, he that believeth on Me hath everlasting life." Jesus died on the cross to take away our sins, and rose from among the dead to give us the free gift of His eternal life, which is spiritual immortality that can never be lost, forfeited, or given back, together with a promise of future physical resurrection.

In the Bible, to "believe in" means to "rely with certainty on." And from the context of John 6:47 I paraphrase the meaning of the promise of Jesus: "Very truly! I say to you, the person who relies with certainty on Me alone, putting himself or herself into My hands (apart from also relying on his or her good deeds), HAS (right now) nonforfeitable, EVER-lasting, unending life."

Once you have begun to follow Jesus by relying with certainty on Him alone for His free gift of everlasting life, THEN do good deeds of obedience to the teachings of Lord Jesus, but only out of gratitude, to glorify Him. Those who are faithful in discipleship will reign with Christ in His eternal Kingdom.

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