Businesses not embracing artificial intelligence could fall behind, warns tech executive

Australia News News

Businesses not embracing artificial intelligence could fall behind, warns tech executive
Australia Latest News,Australia Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Airtable CFO Ambereen Toubassy told Fox News Digital artificial intelligence could revolutionize the workplace, and companies not adopting the technology risk falling behind.

"Enterprises have an opportunity to seize this once-in-a-generation opportunity and reimagine how to get work done faster with better business outcomes," she added. "The businesses that give their employees the tools to easily deploy and harness AI will be the ones to most quickly realize AI’s potential - for business productivity as well as employee satisfaction and retention.

Last year, OpenAI released ChatGPT, drawing public attention to technological advancements in artificial intelligence. While some have raised concerns that AI will displace a large portion of the workforce, Toubassy dismissed these concerns, noting that the kinds of jobs people do are constantly shifting.

"The National Bureau of Economic Research estimates that 60% of workers today are employed in occupations that didn’t exist in 1940. Think about software developers, or social media influencers. While we can’t imagine the future jobs that will be created as AI becomes embedded in work, we can have confidence in what we’ve learned from past technological shifts," she said.

"Airtable AI includes a library of pre-built components, templates, and prompts that can be easily customized and chained together to support advanced and creative forms of knowledge work," the company said in a press release.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cutera stock slides after earnings; company appoints interim CFO, reaches board deal with big investorsCutera stock slides after earnings; company appoints interim CFO, reaches board deal with big investorsShares of Cutera fell hard after hours on Tuesday after the maker of skincare and body-sculpting devices reported weaker quarterly results than expected.
Read more »

Revolut's CFO leaves the digital bank after two years, citing personal reasonsRevolut's CFO leaves the digital bank after two years, citing personal reasonsRevolut's Chief Financial Officer Mikko Salovaara is leaving the digital bank after two years, citing personal reasons.
Read more »

Lawlessness in District has residents, workers and businesses on knife’s edgeLawlessness in District has residents, workers and businesses on knife’s edgeA desperate District mother pleading with carjackers to let her grab her baby before they drive away. Mourners on a Northeast sidewalk hit by a hail of deadly bullets outside a funeral service. A Virginia woman brutally slaughtered inside a New York Avenue hotel room. A homeless man stabbed to death in front of a family in the Petworth Neighborhood Library.
Read more »

Bill to allow marijuana businesses to use banks may have enough votes to pass SenateBill to allow marijuana businesses to use banks may have enough votes to pass SenateSenators have been trying to pass the SAFE Banking Act for 8 years. A bipartisan group of Senators believes this is the year the SAFE Banking Act will pass.
Read more »

‘It doesn’t change our city:’ Allen businesses try to resume life as usual after tragedy‘It doesn’t change our city:’ Allen businesses try to resume life as usual after tragedyDays after the mass shooting at Allen Premium Outlets, nearby business owners are dealing with the fallout. Everything from evacuation plans to active shooter...
Read more »

Murphy gives N.J. legal weed businesses a break with new law allowing deductions on state taxesMurphy gives N.J. legal weed businesses a break with new law allowing deductions on state taxesBy decoupling the IRS tax code from the state’s tax code, cannabis operators may now operate like any other legal enterprise in New Jersey.
Read more »



Render Time: 2025-02-28 08:53:00