The pressure is discussed by business leaders to use AI to make work faster, cheaper and more efficient. That can excite investors, but for employees it can mean fewer jobs around the world. From a report: With the software giant of $ 320 billion, SAP is likely to be in need of fewer engineers to deliver the same – or even larger – output, according to the CFO Dominik ASAM from the company.
“There is simply more automation,” ASAM told Business Insider. “There are certain tasks that are automated and for the same output volume that we can afford to have fewer people.” As a C-suite-exec at the most valuable software company in Europe in Europe, ASAM warned that this reality will only come true if the business world implement the technology well. After all, a recent MIT study showed that 95% of generative AI pilots did not reach the goal. “I will be brutal. And I also say this internally. For juice and any other software company, AI is a great catalyst. It can be great or catastrophe,” ASAM warned. “It will be great if you do it well, if you can implement it and do it faster than others. If you are left behind, you will certainly have a problem. We work day and night to not fall behind.”
