To create a future of AI for all, organizations should reinvest productivity gains into the people and processes that drive growth and innovation.
By Chet Kapoor, Chairman & CEO at DataStax
Along with the exciting possibilities of generative AI (genAI), there have been concerns around job (in)security and displacement. Leaders are feeling the pressure to implement genAI quickly and automate as much as possible. Some will see this as an opportunity to “get lean” and reduce headcount. Others will keep the people they have and find new ways to become super efficient.
We believe choosing the latter is imperative – because the benefits of genAI can only be realized when combined with human creativity and innovation. Together, humans and genAI have the power not only to transform industries but also to create new opportunities for workers across various sectors. How we work and what we do may shift, but removing people to make way for productivity would prove to be a huge mistake.
If we want a future of AI for all, we should reinvest productivity gains into the people and processes that drive growth and innovation. We call this the “abundance agenda”
This is not the first time that a groundbreaking technology has brought concern about job displacement. The emergence of the steam engine, assembly lines, and computers all caused fears of widespread unemployment. But history has shown that while some jobs will be replaced, new roles emerge, and industries evolve and adapt to changing technologies. GenAI is no exception.
One of the key reasons for concern surrounding GenAI is its potential to automate tasks typically performed by humans. From customer service interactions to data analysis, genAI has already shown remarkable progress in streamlining processes and increasing efficiency. However, workers across sectors worry that “no one’s job is safe.”
While genAI might automate certain tasks, it also has the potential to enhance human productivity and creativity. Instead of viewing it as a threat to job security, organizations can leverage genAI as a tool to empower their workforce and augment their capabilities. By adopting a mindset of collaboration between humans and machines, businesses can unlock new opportunities for growth and innovation.
Looking beyond just the organization, genAI also brings the opportunity for inclusive economic growth. By giving workers the skills and knowledge needed to harness the potential of this technology, companies can ensure that no one is left behind. Investments in education, training, and re-skilling programs can empower people to thrive in the age of genAI, creating a more inclusive and equitable workforce.
Proactive measures should be taken to address concerns about job insecurity and displacement. For example:
Ultimately, the goal is to embrace a forward-thinking approach that prioritizes collaboration, innovation, and inclusivity. Taking the potential of genAI while investing in the skills and well-being of workers helps organizations navigate the challenges of this technology wave – creating a future where humans and machines work together towards shared abundance for all.
Learn more in our new white paper, “From Productivity Paradox to Abundance Agenda: Jobs, Growth, and Inclusion with GenAI.”
About Chet Kapoor:
Chet is Chairman and CEO of DataStax. He is a proven leader and innovator in the tech industry with more than 20 years in leadership at innovative software and cloud companies, including Google, IBM, BEA Systems, WebMethods, and NeXT. As Chairman and CEO of Apigee, he led company-wide initiatives to build Apigee into a leading technology provider for digital business. Google (Apigee) is the cross-cloud API management platform that operates in a multi- and hybrid-cloud world. Chet successfully took Apigee public before the company was acquired by Google in 2016. Chet earned his B.S. in engineering from Arizona State University.