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highplainsdem

(49,065 posts) Wed Mar 27, 2024, 10:32 AM Mar 27

3000 managers surveyed: They want to use AI to replace workers or pay them less but worry their own pay will be cut [View all]

Welcome to the AI "assisted" economy.

https://www.techspot.com/news/102385-survey-reveals-almost-half-all-managers-aim-replace.html

A report by Beautiful.ai, which makes AI-powered presentation software, surveyed over 3,000 managers about AI tools in the workplace, how they're being implemented, and what impact they believe these technologies will have.

The headline takeaway is that 41% of managers said they are hoping that they can replace employees with cheaper AI tools in 2024. This backs up previous reports that looked at potential jobs losses caused by generative AI, including one from September that predicted the technology would replace over 2 million US jobs by 2030. An earlier study claimed that generative AI could affect 300 million jobs globally.

The rest of the survey's results are just as depressing for worried workers: 48% of managers said their businesses would benefit financially if they could replace a large number of employees with AI tools; 40% said they believe multiple employees could be replaced by AI tools and the team would operate well without them; 45% said they view AI as an opportunity to lower salaries of employees because less human-powered work is needed; and 12% said they are using AI in hopes to downsize and save money on worker salaries.

-snip-

But it's not just workers who feel like they are under threat from AI. Half of all the managers surveyed – 90% of whom say they are already using AI to increase productivity – said they are worried that AI tools will result in lower pay for those in management positions, while 64% said they believe AI's output and productivity are equal to or better than experienced human managers. Moreover, just under half of the participants think AI tools will fuel wage declines across the country.

-snip-

The paragraph snipped out partway through the excerpt above was about roughly 2/3 of managers saying their employees are worried AI is a threat to their salaries/jobs. Imagine that...

The AI company's blog post about the survey: https://www.beautiful.ai/blog/2024-ai-workplace-impact-report

18 replies

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Highlight:

3000 managers surveyed: They want to use AI to replace workers or pay them less but worry their own pay will be cut [View all] highplainsdem Mar 27 OP

fire the managers . AllaN01Bear Mar 27 #1

you reap what you sow Conjuay Mar 27 #2

Reason, is and has been indicating to us to beware, but Prairie_Seagull Mar 27 #3

All the more reason area51 Mar 27 #4

UBI is no less likely than any other country in the world. brooklynite Mar 27 #7

In some areas AI will be a huge benefit. Workers security, compensation, and rights is not one of them. bluesbassman Mar 27 #5

Managers: usonian Mar 27 #6

AI is not better for hiring and can be pretty problematic Renew Deal Mar 27 #11

Thanks for the thoughtful reply. usonian Mar 27 #13

Have you seen Devs on Amazon Prime? Renew Deal Mar 27 #15

Nope. usonian Mar 27 #16

If the employees are replace with AI and/or automation, who is going to be buying the products and services? Trekologer Mar 27 #8

Exactly. The problem with managers is that they need to show increased productivity. patphil Mar 27 #10

IMO, its going to be a bloodbath XanaDUer2 Mar 27 #9

The biggest example of that is software developers Renew Deal Mar 27 #12

Think of how much worse this will be when AI actually exists Johnny2X2X Mar 27 #14

AI is like other tools in that it is people who must wield it ultimately. David__77 Mar 27 #17

But will AI replace AI? usonian Mar 27 #18