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What did economic leaders say about the future AI in the workforce in Davos


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Artificial intelligence has quickly become a tool that many companies want to use in the coming years. According to Forbes64% of companies believe that AI can help increase productivity – although many workers are afraid that its growing distribution in the workplace could reduce the number of available jobs.

At the end of January at World Economic Forum in Davos, SwitzerlandExecutive editor Yahoo Finance, Brian Sozzi, asked various economic leaders for their perspective at the place of AI in the workforce and they shared their wide subcasts about the introductory offer.

Here are some of the most important moments.

Executive Director and President Morgan Stanley Ted Pick Ai sees as a tool for caring for routine tasks, like a note. But ultimately, this will not replace the human aspect that makes many companies progress.

“Yes, Ai is super important,” he said at the opening of the offer. “It brings a ton of efficiency into a cost structure and [is] disturbing to the main frame and that kind of thing. You do not need to write your notes because someone will spit it out. 20 hours of certain obligations notes decrease by 80% … [but] We still need a human office. That will never change. “

Although AI can facilitate certain daily tasks, he insisted that most of his business is aimed at relationships.

“We’re talking about rigor, humility and partnership, and if you don’t have a time lane, no one will be so impressed,” Pick said. “You take care of the little details. You may be excluded – you are wrong the question, you give advice [that] It’s not quite fine – but you are exactly [it]. And over time you are focused on that client. “

Executive Director Nasdaq Adena Friedman also considered that the biggest AI -movement would be his ability to take care of more secular tasks.

“Ai can write those reports,” she said. “So you give them facts and AI can write a report. It’s just a great savings of time. The same is with other regulatory reporting. So there are many … where technology can be used to pull out much boring, rotated work.”

She also predicted that the AI ​​would be a particularly useful tool in courishing recommendations for an individual’s investment portfolio and answering client questions.

“Ai [will continue] Encouraged by interesting ways of engaging with investors using the AI ​​algorithm to make pre -ctive decisions, “she said.



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