HomeTechnologyOnly 7% of global executives think AI adoption will lead to job losses: BCG report

Only 7% of global executives think AI adoption will lead to job losses: BCG report

One in three companies say they will invest more than $25 million on AI in 2025. India leads the pack, with 80% firms identifying and adopting AI as a core strategic priority against the global average of 75%

January 15, 2025 / 15:51 IST
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Representative image
Representative image

Around 93 percent of the top global executives think artificial intelligence (AI) is unlikely to reduce headcount at their companies in the near future, Boston Consulting Group’s second edition of AI Radar survey has found.

Around 68 percent of the surveyed executives expect to maintain their current workforce size, focusing on enhanced productivity and upskilling existing talent to meet AI demands. The finding contradicts the fact, that though up from 6 percent to 29 percent in 2024, still only some employees got AI trained and upskilled last year.

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A small group of executives also expects AI to reshape the workforce by introducing new roles to replace redundant ones.

Sylvain Duranton, global leader of BCG X said, “Successful leaders adopt the 10-20-70 framework to unlock AI’s business potential, allocating 70 percent of their efforts to transforming people, processes, and culture; 20 percent to data and technology; and just 10 percent to algorithms.”