CFO of $320 billion software firm: AI will help us 'afford to have less people' but if we do it wrong, it will be a 'catastrophe' | Fortune
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CFO of $320 billion software firm: AI will help us 'afford to have less people' but if we do it wrong, it will be a 'catastrophe' | Fortune
"The pressure is mounting on business leaders to harness AI to make work faster, cheaper, and more efficient. That may thrill investors, but for employees, it could mean fewer jobs around the world. At the $320 billion software giant SAP, there will likely be a need for fewer engineers to deliver the same-or even greater-output, according to the company's CFO Dominik Asam."
""It would be an illusion to believe AI will help and drive more productivity, but the workforce will still look the same," Klein told last month. "That will be absolutely not the case. But I also can't imagine a workforce only with digital workers." He estimated that some 60 to 70% of jobs could go digital. "Do I expect to need the same amount of developers, salespeople, and consultants in the future? Definitely not with the j"
Business leaders are under pressure to deploy AI to make work faster, cheaper, and more efficient, a shift that could reduce jobs globally. SAP expects automation to allow the company to deliver equal or greater output with fewer engineers. Successful results depend on proper implementation, as many generative AI pilots have failed. SAP executives warn AI can be either a catalyst or a catastrophe and are working to implement it quickly to avoid falling behind. Company leadership anticipates a substantially transformed workforce, with many roles becoming digital.
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