Companies are investing heavily in AI, in spite of the fact that they aren’t yet seeing a big return. A recent report from MIT found that 95% of organizations that have adopted AI haven’t seen any return on the investment at all. (However, the 5% of companies who are seeing the return are “extracting millions in value,” according to the report.)
Despite these odds, according to a Nexford University survey of 1,000 U.S. individuals (800 recently laid off workers and 200 hiring managers), companies are increasingly viewing AI as a valuable tool and a must-have for employees. For employees, AI might just be the key to surviving layoffs, or the necessary qualification for landing the next job.
According to the survey, layoffs are happening at an astonishingly high rate: 65% of companies cond