More than half of leaders who laid off workers due to AI admit to have made a big mistake.
Are we repeating past errors in human history? Is the focus truly on cutting labor costs on a large scale? Who is benefiting from this, and for what purpose? Is AI intended to eliminate jobs or usher in a new era?
While many argue that AI should not prioritize replacing humans, HR Dive’s article highlights the consequences of employers rushing to replace humans with technology without proper guidelines, training, or policies. The trend of using simplistic cost-cutting strategies from the past in the new world of work is evident. While replacing humans is not a new concept and has occurred in previous revolutions, attempting to substitute them with Large Language Models (LLMs) is not a straightforward path forward.
It is crucial for AI and stakeholders like CEOs, policymakers, and HR to critically assess this new reality before it leads to mere cost-cutting measures. If AI becomes solely a tool for reducing labor costs, it signifies a significant failure in business strategy. The energy expenses incurred in this process will outweigh the perceived benefits of cutting labor costs.
𝐇𝐮𝐦𝐚𝐧𝐢𝐭𝐲 faces the risk of self-inflicted extinction not due to AI itself, but because of misguided cost-cutting ideologies.
Partnered Companies within our network in HumanI are exploring the integration of AI-driven models, evident in recent job openings for a 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫/𝐇𝐞𝐚𝐝 𝐎𝐟 𝐀𝐈 and an 𝐀𝐈-𝐓𝐫𝐮𝐬𝐭𝐰𝐨𝐫𝐭𝐡𝐲 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐭. AI offers a plethora of opportunities beyond replacing humans. CEOs should reconsider adopting oversimplified cost-cutting approaches and embrace the transformative potential of new working models.
We advocate for AI that complements 𝐡𝐮𝐦𝐚𝐧 𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬, not replaces them. A human-centric AI strategy can enhance our innate qualities.
