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With the explosion in generative AI (GenAI) technology in recent years, observers have repeatedly been awed by the capabilities of this new technology, which can seemingly do just about anything humans can do, only much faster. That necessarily raises interesting questions about the impact of AI on human employment.
Interestingly, there can be a significant disconnect in the expectations of business leaders and workers. On the one hand, many business leaders see AI as having the potential to replace significant portions of the human workforce.
How Business Leaders View GenAI Impact
“Robots are likely to replace 50% of