Asia-Pacific Firms Use AI Without Mass Job Cuts: Survey
A survey indicates that most companies in the Asia-Pacific region are integrating AI for tasks without widespread layoffs. Many firms are creating new AI-related roles while retaining existing staff.
While a wave of job cuts across Asia’s finance and other industries due to wider use of artificial intelligence has spurred concerns, a new study shows that the technology’s net impact on employment is not as clear-cut. Recruiters and industry observers say many companies are adding AI-related roles without having to lay off workers. A study by professional services firm Aon released on Wednesday shows that 74 per cent of 504 companies surveyed across industries in the Asia-Pacific region have.....