AI Will Take Jobs for Sure: Money Talks, Humans Walk

April 12, 2024

green-dino_thumb_thumb_thumbThis essay is the work of a dumb dinobaby. No smart software required.

Report Shows Managers Eager to Replace or Devalue Workers with AI Tools

Bosses have had it with the worker-favorable labor market that emerged from the pandemic. Fortunately, there is a new option that is happy to be exploited. We learn from TechSpot that a recent “Survey Reveals Almost Half of All Managers Aim to Replace Workers with AI, Could Use It to Lower Wages.” The report is by beautiful.ai, which did its best to spin the results as a trend toward collaboration, not pink slips. Nevertheless, the numbers seem to back up worker concerns. Writer Rog Thubron summarizes:

“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. … 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. It’s no surprise that 62% of managers said that their employees fear that AI tools will eventually cost them their jobs. Furthermore, 66% of managers said their employees fear that AI tools will make them less valuable at work in 2024.”

Managers themselves are not immune to the threat: Half of them said they worry their pay will decrease, and 64% believe AI tools do their jobs better than experienced humans do. At least they are realistic. Beautiful.ai stresses another statistic: 60% of respondents who are already using AI tools see them as augmenting, not threatening, jobs. The firm also emphasizes the number of managers who hope to replace employees with AI decreased “significantly” since last year’s survey. Progress?

Cynthia Murrell, April 12, 2024

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