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A new study by the IBM Institute for Business Value found that surveyed CEOs are facing workforce, culture and regulation challenges as they act quickly to implement and scale generative AI (GenAI) across their organisations. The annual global study of 3 000 CEOs from over 30 countries and 26 industries, including South Africa, found that 64% of those surveyed say succeeding with generative AI will depend more on people’s adoption than the technology itself. However, 57% of local respondents say they are pushing their organisation to adopt generative AI more quickly than some people are comfortable with. The findings also revealed that nearly two-thirds (65%) of surveyed South African CEOs say their teams have the skills and knowledge to incorporate generative AI, but few understand how generative AI adoption impacts their organisation’s workforce and culture. More than half (57%) of respondents have not yet assessed the impact of generative AI on their employees. Yet, 53% of local CEOs surveyed say they are hiring for generative AI roles that did not exist last year, while 43% expect to reduce or redeploy their workforce in the next 12 months because of generative AI. However, more than half (51%) of CEOs identified regulatory constraints as the greatest barrier to innovation in their organisation. Kathy Gibson #GenAI https://lnkd.in/dcjpc5DN

Did you know that 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻 contributes to sustainability? By optimising operations and reducing waste, automated processes lower energy consumption and carbon footprints, supporting greener business practices. #RPASouthAfrica #IntelligentAutomation #Sustainability

This Women’s Month, we’re shining a spotlight on the incredible women who power our team at 1ai. Each week, join us as we celebrate their achievements, share their stories, and discuss their unique experiences in the tech industry. 💡 This week it's Natasha Rautenbach in the spotlight. #WomenInTech #WomensMonth #1ai #IntelligentAutomation #AutomationSouthAfrica

This Women’s Month, we’re shining a spotlight on the incredible women who power our team at 1ai. Each week, join us as we celebrate their achievements, share their stories, and discuss their unique experiences in the tech industry. 💡 This week it's Fikile Motha in the spotlight. #WomenInTech #WomensMonth #1ai #IntelligentAutomation #AutomationSouthAfrica

Did you know that 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻 can enhance customer service experiences by up to 80%? By automating routine inquiries and responses, companies can provide quicker, more consistent customer support, freeing up human agents to handle complex issues. #RPASouthAfrica #IntelligentAutomation #CustomerService #CustomerSupport

Did you know that 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻 speeds up operations, and improves accuracy and compliance? Automated systems reduce human error and ensure consistent application of rules and policies. #RPASouthAfrica #IntelligentAutomation

This Women’s Month, we’re shining a spotlight on the incredible women who power our team at 1ai. Each week, join us as we celebrate their achievements, share their stories, and discuss their unique experiences in the tech industry. 💡 This week it's Clara-Marie Hammann in the spotlight. #WomenInTech #WomensMonth #1ai #IntelligentAutomation #AutomationSouthAfrica