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Evaluating The Viability Of AI In The Workplace
By Christa Martin, Chief Outsiders
It’s becoming increasingly important for organizational leaders to consider the potential impact of artificial intelligence on company culture. Recent research estimates that one in five employees will have an artificial intelligence (AI) system as their coworker by 2022. As workplace applications of artificial intelligence become the norm, organizational leaders will face a bevy of new challenges, ranging from resource allocation to effective implementation.
However, achieving topline objectives remains most organizational leaders’ top priority. A recent study from Duke University’s Fuqua School of Business states, “Executives variously defined culture as a company’s tone, operating style, standard of behavior, and even the “invisible hand” that guides a firm.”
CFO Optimism Continues to Grow Despite Virus cfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cfo.com Daily Mail and Mail on Sunday newspapers.
Executives are modeling their company s revenue to grow by nearly 7%
However, the assumption is based on a successful rollout of vaccines to combat COVID-19
Just days into 2021, chief financial officers at hundreds of U.S. companies are bullish on the macro environment and expect their businesses to recover in the coming years, The Wall Street Journal reported.
CFO survey
Duke University’s Fuqua School of Business in conjunction with the Federal Reserve Banks of Atlanta and Richmond surveyed around 300 CFOs. On average, the finance bosses are modeling their individual company’s revenue to rise by 6.9% in 2020. This represents a notable uptick from a 2020 outlook of just a 0.3% revenue increase.
by Fuqua School of Business December 22, 2020 .
DURHAM – Celebrating a new year might provide a momentary respite, but 2021 will offer many of the same concerns corporate financial officers faced in 2020, including productivity challenges, a remote workforce and pressure from markets to put excess liquidity to work.
“Even if vaccines roll out smoothly and the economy substantially recovers from COVID during the first half of 2021, there are still several important issues for companies to navigate in 2021, including a new U.S. president, the threat of higher taxes, labor force decisions about who can work from home and what jobs can be automated, among other issues,” said John Graham, a finance professor at Duke University’s Fuqua School of Business and director for The CFO Survey, a quarterly measure of CFO sentiment. “If there are any hitches in vaccine timing or efficacy, then there will be virus-related economic turmoil on top of these underlying issues.”