No Result
View All Result
  • Login
Saturday, November 1, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

‘AI is way beyond the hype phase’: Experts warn businesses must reskill for the new reality

by FeeOnlyNews.com
22 hours ago
in Business
Reading Time: 3 mins read
A A
0
‘AI is way beyond the hype phase’: Experts warn businesses must reskill for the new reality
Share on FacebookShare on TwitterShare on LInkedIn



Almost every workplace is facing disruption as AI reshapes how jobs are done, from the boardroom to the factory floor.

During a panel session at the Fortune Global Forum in Riyadh on Oct. 26, experts weighed in on how work positions are shifting as technologies evolve, and even the roles that AI is beginning to compete with— including corporate jobs.

“Professional services—lawyers, accountants, management consultants like myself—the ones who actually process, analyze, and deal with a lot of data, those are the skills that can be replaced by AI and agentic AI,” said Anne Lim O’Brien, vice-chair and partner at executive search firm Heidrick & Struggles and global co-leader of the consumer products sector.

Hisham Radwan, CEO of Cigna Insurance Saudi Arabia, added actuaries to O’Brien’s list. “I believe that AI is moving so fast that we can’t control it,” Radwan said. “But bottom line: it’s an enhancement to our capabilities, rather than a replacement.”

Meanwhile, Vinay Firake, CEO of global tech services firm Wipro’s APMEA strategic market unit, believes that certain companies and even industries will decline in the AI era, especially those that do not prepare for the future. Firake cited Kodak’s business struggles as an example of a company that failed to respond quickly to technological disruption and adapt its model.

Firake also emphasized that AI is not a fad. “AI is way beyond the hype phase,” he said. He is witnessing many of Wipro’s clients, along with enterprises across different sectors worldwide, starting to realize meaningful benefits from large-scale AI projects and programs.

O’Brien is also working with clients who have moved from the hype phase to the adoption phase, now seeing productivity gains. However, she noted, this progress comes with a big question: what are you doing with the time saved by using AI?

For leaders, it can free up time for strategic thinking or developing innovation plans, O’Brien said. Yet there still needs to be a strong focus on work culture and communication, she explained. There will be employees who find their jobs taken away, replaced, or augmented by AI.

“Depending on your company’s use cases for AI, you may just have a lot of people who aren’t clear about what their jobs now entail,” O’Brien said.

When it comes to AI in the workplace, “We need to be very clear about empowering and engaging the human elements,” Radwan added.

Getting all employees on board with an AI-first approach can be challenging, especially if they are attached to familiar tools, like Excel spreadsheets, for example. Firake said Wipro has invested heavily in upskilling and reskilling its workforce. When speaking with clients, he advises that companies must not only develop existing talent but also rethink the skills they are sourcing.

Helping employees understand that AI may not necessarily take their jobs, but someone who knows how to deploy AI more effectively could, is crucial, O’Brien said, adding that maintaining an open mindset is key.

Attracting and retaining young talent—many of whom are native AI users—puts a premium on authentic leadership, growth opportunities, and inclusive cultures, according to the panelists.

To this end, you really have to cultivate a value set for curiosity and creativity within your organization, O’Brien said.



Source link

Tags: BusinessesExpertshypephaseRealityreskillwarn
ShareTweetShare
Previous Post

10 Things You Can Get for Free This November

Next Post

Sephora Savings Event: Eyeshadow Pallete only $4.60 shipped, plus more! {Stocking Stuffer Ideas}

Related Posts

Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) B Announcement

Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) $1B Announcement

by FeeOnlyNews.com
November 1, 2025
0

24/7 Wall St. Shares of Nokia (NYSE: NOK) are up nearly 9% the past week on another AI king-maker catalyst....

Female suspect, 38, charged in Louvre heist

Female suspect, 38, charged in Louvre heist

by FeeOnlyNews.com
November 1, 2025
0

A woman arrested this week along with four other suspects over the unprecedented jewel heist at the Louvre on Saturday...

Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

by FeeOnlyNews.com
November 1, 2025
0

The impacts on basic needs — food and medical care — underscored how the impasse is hitting homes across the...

Argentine banks dominate week’s financials movers on Milei’s election victory

Argentine banks dominate week’s financials movers on Milei’s election victory

by FeeOnlyNews.com
November 1, 2025
0

Nov. 01, 2025 10:10 AM ETTBBK, BBAR, BMA, GGAL, PJT, BHF, BITF, LMND, GLXY, SEZLBy: Max Gottlich, SA News EditorRasi...

America’s industrial giants are getting a boost from the AI build-out that remains in its ‘early stages’

America’s industrial giants are getting a boost from the AI build-out that remains in its ‘early stages’

by FeeOnlyNews.com
November 1, 2025
0

AI euphoria has driven the stock market to record highs this year. But investor enthusiasm has not been isolated to...

Dalal Street Week Ahead: Technical charts signal bullish bias despite mild fatigue

Dalal Street Week Ahead: Technical charts signal bullish bias despite mild fatigue

by FeeOnlyNews.com
November 1, 2025
0

The markets traded in a largely rangebound manner through the previous week and ended on a mildly negative note. After...

Next Post
Sephora Savings Event: Eyeshadow Pallete only .60 shipped, plus more! {Stocking Stuffer Ideas}

Sephora Savings Event: Eyeshadow Pallete only $4.60 shipped, plus more! {Stocking Stuffer Ideas}

Market Talk – October 31, 2025

Market Talk - October 31, 2025

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
Bonds Fed rate cuts former Goldman Sachs ETF head

Bonds Fed rate cuts former Goldman Sachs ETF head

0
Want to Retire Comfortably Without Cutting Fun? Here’s the Trick Few People Use

Want to Retire Comfortably Without Cutting Fun? Here’s the Trick Few People Use

0
Hot Stocks: KW 44 / 2025 – Halbleiter-Aktien – Die Motorisierung der Digitalisierung!

Hot Stocks: KW 44 / 2025 – Halbleiter-Aktien – Die Motorisierung der Digitalisierung!

0
Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) B Announcement

Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) $1B Announcement

0
Links 11/1/2025 | naked capitalism

Links 11/1/2025 | naked capitalism

0
Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

0
Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) B Announcement

Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) $1B Announcement

November 1, 2025
Hot Stocks: KW 44 / 2025 – Halbleiter-Aktien – Die Motorisierung der Digitalisierung!

Hot Stocks: KW 44 / 2025 – Halbleiter-Aktien – Die Motorisierung der Digitalisierung!

November 1, 2025
Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’

November 1, 2025
Female suspect, 38, charged in Louvre heist

Female suspect, 38, charged in Louvre heist

November 1, 2025
Bonds Fed rate cuts former Goldman Sachs ETF head

Bonds Fed rate cuts former Goldman Sachs ETF head

November 1, 2025
Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

November 1, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Sentiment in Nokia (NOK) Continues To Rise After Nvidia’s (NVDA) $1B Announcement
  • Hot Stocks: KW 44 / 2025 – Halbleiter-Aktien – Die Motorisierung der Digitalisierung!
  • Washington does a 180 as Treasury Secretary Scott Bessent dubs Bitcoin ‘more resilient than ever’
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.