Investment | Computers prioritised over human workers

Do you value your technology over your workers? This is the question business leaders are starting to ask themselves as the progression of artificial intelligence and automation takes a greater hold of the corporate world – but the answer may not be music to the ears of professionals.

In fact, when asked in the fifth annual KPMG International Global CEO Outlook report if they would potentially prioritise buying new technology over the development of their workforce to improve their organisation’s resilience, a massive 68% of CEOs confirmed that technology was a greater priority.

Despite this, the report displayed a clear disparity between the rhetoric in the conversation over the use of AI, and its practical usage in the workplace today. Whilst the majority of CEOs consider it a clear priority for the future, only 16% of respondents have actually opted to implement AI and automation programs in their businesses.

A further 31% are still in the early stages of piloting tech, whilst 53% admitted to being somewhat hesitant to take the plunge.