Are a skills gap and delusional thinking losing the AI race for Europe?

Job killer or job creator? The debate over whether or not AI will decimate or create jobs in the future has been raging for a few years now and while 2018 was a massive year for AI hype, it was also significant for its development.

There are, according to a Harvey Nash Tech Survey, four in ten organisations now using AI in a commercial way, moving beyond experimentation. A recent report from Dun and Bradstreet claims 40 percent of respondents from a survey of 100 execs from Forbes Global 2000 businesses are adding more jobs as a result of AI deployment, with only eight per cent saying they were axing jobs because of AI implementation. In January this year, research firm Gartner revealed that despite talent shortages, the percentage of enterprises employing AI grew 270 per cent in four years.

While most of this is, in all likelihood, machine learning, the intention is clear. Businesses increasingly want to use data science, analytics and automation in their products and infrastructures and are prepared to invest.


IDG Connect

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