Despite a rising number of layoff announcements where AI is factor, EY’s survey shows companies investing in the technology aren't trying to run the same race with fewer people. Nearly all (96%) of organizations investing in AI are experiencing productivity benefits from the technology, with 57% citing “significant” gains, the study found. A majority (56%) of respondents who reported positive returns from AI investments have seen “significant measurable improvements in overall financial performance,” EY said.
“Leaders are realizing that the real value of productivity gains is in reinvestment versus a one-time cash out,” said Dan Diasio, EY Global Consulting AI Leader.
