"CEOs aren't shying away from what labor market experts have been saying for months: AI is transforming the workforce. From bankers to consulting firms, business leaders are restructuring rapidly as AI adoption becomes mission critical. CEOs of global companies expect AI investments to more than double in two years, and 61% are actively adopting AI agents at scale, according to a May IBM study."
""It's very clear that AI is going to change literally every job," Walmart CEO Doug McMillon said this week during a workforce conference with other business execs, The Wall Street Journal reported Friday. And AI has already changed the global retailer, which has developed chat bots to help customers, suppliers, and merchants. The company has also created new roles like an " agent developer," whose job description is to build AI tools to help automate workflow throughout the company."
AI adoption is reshaping job tasks and roles across industries as executives restructure operations and plan significant investments. Many companies are deploying AI agents and building tools like chat bots, while creating new positions such as agent developers to automate workflows. Retailers like Walmart expect some tasks to be eliminated but aim to preserve overall headcount through job transformation and targeted tracking of rising and declining roles. Other firms have cut roles where efficiency gains outpace reskilling options, highlighting divergent corporate approaches between retention with retraining and workforce reductions driven by AI-driven efficiency.
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