Randstad explores the relationship between AI and the world of work
In early February Randstad published the first details of its HR Trends 2024 research. The survey, which polled senior executives from more than 350 Hungarian companies in various sectors, also examined the attitudes of senior executives at Hungarian companies about AI.
This article is available for reading in Trade magazin 2024/5
Together with the results of the Workmonitor Pulse Survey in Q3 2023, the responses paint an exciting picture of the relationship between AI and the world of work.
Majority are open and emphasise the benefits
46% of the companies surveyed in Randstad’s HR Trends 2024 study have no clear position on the use of AI, but 47% are open to using it. 19% of respondents are explicitly in favour of using AI and plan to expand its use widely, while a further 28% are open to using AI in certain areas. Only 7% of companies said they have no plans to use AI in the future.
Respondents see the greatest potential for AI in administration (58%) and they say the biggest benefits of using AI lies in its accuracy and speed. 78% believe that AI can help process data and information faster and provide more accurate forecasts and analysis.
The picture isn’t clear yet: AI’s effect on the labour market
A recent HR Trends survey from Hungary shows that there is still no unanimous answer from senior executives to the question of what influence AI will have on the labour market. 52% of the respondents believe that AI will have no impact on the number of jobs, while 45% expect a reduction in the number of vacancies to be filled. 3% think the technology will increase the number of jobs needed.
“As with previous industrial revolutions, today’s technological innovations are expected to have more of a job creating effect, but companies need to take steps in time to prepare their workforce for the changes in the way they work”,
said Sándor Baja, managing director of Randstad Hungary Kft.
AI training at home and abroad – the situation isn’t so rosy
Three out of four companies participating in the HR Trends survey don’t offer AI learning and development opportunities to their employees yet, but one of the main challenges they see in using AI is the lack of skilled staff (along with data security and managing confidential information). At the time of the survey a further 29% planned to offer such training opportunities to their employees in the future. According to the international Workmonitor Pulse Survey, which concentrates on employee training needs and AI, the situation isn’t rosier abroad in the domain of training, in spite of the fact that AI use is the third most important and desired area of development for employees, and there is a strong demand among survey respondents for training to help them learn and grow in using AI. //
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