AI could solve the labour shortage crisis but executives are wary over privacy, new survey finds

Business leaders view generative artificial intelligence (AI) as a solution to labour shortages but they are concerned about the collection and storage of personal data, according to a survey of 500 chief executives in the US and UK. Generative AI can produce text, images, or other media, using generative models; major companies such as Microsoft have invested heavily into it as the future tech that can transform our lives. The survey by the software company Icertis released on Wednesday also showed that AI will transform workforces, strengthen competition and affect bottom lines in the coming…

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