Summary
A survey by consultancy KPMG found that fewer than 10% of CEOs of large U.S. companies plan to cut jobs due to AI by 2026. Instead, over half of the CEOs expect to hire more employees because of AI, though they face challenges in integrating AI into their businesses. Many CEOs are also worried about AI-related cybersecurity threats.
Key Facts
- The survey is called the KPMG U.S. CEO Outlook Pulse Survey.
- It found that only 9% of CEOs plan to cut jobs because of AI by 2026.
- 55% of CEOs expect to increase hiring due to AI.
- 36% of CEOs see no change in employment plans because of AI.
- Many CEOs find integrating AI into current systems slow and difficult.
- 90% of CEOs are concerned about AI-powered cyberattacks like malware and phishing.
- Nearly 60% are worried about future quantum computing attacks on data security.
- The survey included 100 U.S. CEOs from companies with over $500 million in revenue.
