{"id":283125,"date":"2024-07-21T11:00:07","date_gmt":"2024-07-21T11:00:07","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=283125"},"modified":"2024-07-21T11:00:14","modified_gmt":"2024-07-21T11:00:14","slug":"ai-vs-workers-latest-surveys","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/ai-vs-workers-latest-surveys","title":{"rendered":"Are Workers’ AI Fears Justified? Latest Surveys Reveal The Truth"},"content":{"rendered":"

Why are people using artificial intelligence<\/a> (AI)? A survey of companies using AI across the Richmond, Virginia region, since 2022 suggests that 45% of companies are automating tasks to reduce staffing<\/a> and labor costs.<\/p>\n

The usual suspects in big tech can be found pitching their latest AI solutions to large organizations \u2014 AI that augments human capabilities and acts as a powerful AI co-pilot rather than replacing workers.<\/p>\n

The Federal Reserve Bank of Richmond survey of 100 firms using AI since 2022 appears to confirm the fears of many workers \u2014 that their bosses will eventually replace them with AI<\/a>.<\/p>\n

Meanwhile, Richmond Fed, in association with Duke University, found that 60% of firms have implemented software, equipment, or technology in the last twelve months<\/a> to automate tasks that employees previously completed.<\/p>\n

85% of respondents advised that enhanced business processes were the biggest motivation for automating tasks, as well as increasing the quantity and quality of employee output.<\/p>\n

\"Over<\/p>\n

However, these reports lack information on the impact these changes will have on the existing workforce and how to ensure employees are brought along for the ride rather than left on the scrap heap.<\/p>\n

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Key Takeaways<\/span><\/h2>\n