Artificial Intelligence (AI) could potentially boost productivity by a substantial 30%.
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Where perceptions about artificial intelligence (AI) are concerned, SAP CEO Christian Klein paints a far different picture than the "job-killer" label often associated with the technology. In an interview with local German newspapers, Funke Mediengruppe, Klein posited that, "At SAP, we see artificial intelligence as an opportunity!" [1][5]
The CEO's focus at the software giant is to equip and train the workforce to perform new, value-adding roles, while learning to work collaboratively alongside AI. As a shining example, Klein claimed that AI had helped increase the productivity of developers at SAP by a whopping 30%! [1]
Industry analysts share the same sentiment. For instance, the CEO of Bitkom, Bernhard Rohleder, whose association represents Germany's tech sector, expects routine tasks in all industries to disappear, paving the way for more creative thinking and real value creation. [1] While he doesn't see AI threatening the overall labor market in Germany, Rohleder anticipates a shrinkage in labor demand, marked by the automation of tasks such as technical translations and standard correspondence. [1][5]
However, given the significant skills shortage in Germany, the impact likely won't be as drastic as feared, as AI will evidently help companies maintain and enhance their competitiveness. Moreover, the administration and public service sectors may continue to run efficiently, thanks to AI. [1][5]
Sources: [1] ntv.de, [2] SAP.com, [3] SAP Business Data Cloud, [4] Bitkom.org, [5] Enrichment Data
- Emphasizing AI for value creation rather than job-killing
- Highlighting collaborative efforts between AI and humans
- Acknowledging the shift in role requirements for personnel
- Focusing on skills shortages in addressing fears of AI impact on labor markets
- Reinforcing the positive impact of AI on overall business efficiency and competitiveness.
- The Commission, in light of the increased productivity from AI at SAP, may consider proposing a directive on the protection of workers from the risks related to exposure to ionizing radiation, as AI technology could potentially be integrated into industries that deal with such radiation.
- As AI abolishes routine tasks in various sectors, there might be a need for workers to focus on creating real value and learning to collaborate efficiently with AI, as the SAP CEO suggests, thus encouraging the development of new, value-adding roles.