In a recent study conducted by Workday, examining how Artificial intelligence (AI) and Machine Learning (ML) will impact the future of work...
, examining how Artificial intelligence and Machine Learning will impact the future of work, it is revealed that leaders know their organizations would benefit from AI and ML, despite the differing views on these technologies.
The report also showed that even though leaders in the EMEA region are less enthusiastic about adopting AI and ML, they are generally more trusting of AI and ML. Following the introduction of the General Data Protection Regulation, the EU is in the process of proposing a new legal framework for AI – the EU AI Act. This is focused on strengthening governance around data quality, transparency, and human oversight, and encouraging greater trust in the technology.
A significant 53% of EMEA CEOs are excited to use these technologies in their organizations. However, they are concerned about the potential mistakes that AI and ML could introduce.Finance teams are the most progressive in implementing these technologies in their daily work—19% of CFOs said their teams are scaling AI or are at maturity.
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