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More than half of leaders who laid off workers due to AI admit to screwing up

  • About 4 in 10 business leaders have laid off employees due to AI deployment, and 55% of them admit making wrong decisions about it.
  • Leaders lack awareness on how to implement AI, with some not knowing which roles would benefit most or are at risk for automation.
  • Despite the lack of knowledge, 3 in 4 leaders plan to fully utilize AI by the end of the year, and 4 in 5 will increase investments.
  • Organizations moving too quickly to reduce headcount without a clear transformation plan may regret the decision, as people and machines need an intentional upskilling program to realize AI's productivity gains.

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