Enterprise

Australian industrial scenario changing as businesses mull over AI adoption

(c)iStock.com/ymgerman

Businesses in Australia are not prepared for the imminent uptake of artificial intelligence (AI) and automation, according to the latest survey from Ajilon.

The majority of the almost 1,500 IT professionals polled (91%) believe that upskilling is important to remain relevant in their jobs, while one in four are worried that their organisation does not see AI and automation as a threat despite their beliefs. Moreover, 17% also indicated that their company fast enough to keep pace with rapid technology changes.

The findings also show almost one in five (16%) IT professionals feel insecure about their job prospects as AI and automation continues to gain momentum globally.

Rod Crozier, general manager of staffing at Ajilon, said: “Like it or not, AI and automation are set to play an increasing role across our personal and work lives in the near future. As such, it is critical that Australian businesses prepare themselves for the fundamental changes that robots will bring. While it is true that certain jobs have and will disappear due to computerisation, AI will also see the creation of many new jobs over the coming years.

“Businesses need to start looking at how we can successfully harness these intelligent technologies to enrich our lives and not ignore the role they will eventually come to play,” Crozier added.

According to Telsyte’s Australian Emerging Enterprise Technology Study 2017, as reported by this publication earlier this month, there is a sharp increase in enterprises adopting IoT and AI to stay competitive by creating new products and services. More than 50% of the firms are in process of investigation, planning and roll out of emerging technologies, while 60% believe that smart wearable devices to be a value addition.

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