Fears of job losses are impeding the adoption of gen AI tools, according to Nedbank Group CIO Ray Naicker.
For some employees, coming face to face with a technology that does instantly what takes them days or weeks to complete represents an existential threat that must be avoided at all costs.
We should be nervous of other humans who know how to use AI displacing those who don’t know how to use AI Naicker said this is why an evolution in an organisation’s technological profile must coincide with significant investments in its people to help employees understand and adapt to new technologies successfully.
The increased reliance by the financial sector on digital products and services means the attack surface area – the ways organisations could be exploited by cybercriminals – for these institutions has grown significantly. Adding AI tools to the arsenal cybercriminals already have at their disposal further increases the risk. Naicker said the problem is as much about tech and tooling as it is about people and skillsets.
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