No Result
View All Result
  • Login
Saturday, March 21, 2026
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
5 months 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

IREN Stock’s Power Pivot: Bitcoin Miner Turns Into AI Energy Play

Next Post

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

Related Posts

Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean

Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean

by FeeOnlyNews.com
March 21, 2026
0

Israel’s defense minister threatened a surge in attacks against Iran on Saturday and Britain condemned Iran for targeting a joint...

T-Mobile, Verizon, AT&T Go All-In On Discounts As Churn Surge Hits

T-Mobile, Verizon, AT&T Go All-In On Discounts As Churn Surge Hits

by FeeOnlyNews.com
March 21, 2026
0

Promotional activity among the "Big 3" U.S. carriers—AT&T Inc., Verizon Communications Inc. and T-Mobile US, Inc.—is gaining momentum heading into...

Costco’s .50 hot dog will never change, CEO Ron Vachris promises

Costco’s $1.50 hot dog will never change, CEO Ron Vachris promises

by FeeOnlyNews.com
March 21, 2026
0

There’s no better way to fuel up for traipsing the Costco aisles for hours than a $1.50 hot dog and...

F&O Talk | Nifty grapples with dead cat bounce syndrome as pullbacks get sold. Sudeep Shah on Olectra, IDBI, 4 more stocks

F&O Talk | Nifty grapples with dead cat bounce syndrome as pullbacks get sold. Sudeep Shah on Olectra, IDBI, 4 more stocks

by FeeOnlyNews.com
March 21, 2026
0

Domestic frontline indices ended with gains on Friday, led by strong action in IT, auto and metal stocks though weakness...

Rupee on shaky ground, touches fresh low of 93.73

Rupee on shaky ground, touches fresh low of 93.73

by FeeOnlyNews.com
March 21, 2026
0

The Indian rupee plunged as much as 110 paise on Friday, recording its steepest single-day rout since late 2022, after...

Three weeks into the Iran war that’s seeking 0 billion, here’s what success for Trump looks like

Three weeks into the Iran war that’s seeking $200 billion, here’s what success for Trump looks like

by FeeOnlyNews.com
March 21, 2026
0

The U.S. and Israel are locked into a longer-than-expected war that may extend through April before Iran’s military is sufficiently...

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
York IE Appoints Chuck Saia to its Strategic Advisory Board

York IE Appoints Chuck Saia to its Strategic Advisory Board

February 18, 2026
Judge orders SEC to release data behind B in WhatsApp fines

Judge orders SEC to release data behind $2B in WhatsApp fines

March 10, 2026
8 Cost-Cutting Moves Retirees Are Sharing Online in February

8 Cost-Cutting Moves Retirees Are Sharing Online in February

February 14, 2026
3 Grocery Chains That Give Seniors a “Gas Bonus” for Every  Spent

3 Grocery Chains That Give Seniors a “Gas Bonus” for Every $50 Spent

March 15, 2026
8 Procedures That Can Be Cheaper Without Insurance

8 Procedures That Can Be Cheaper Without Insurance

February 14, 2026
FPA partners with Snappy Kraken to update PlannerSearch

FPA partners with Snappy Kraken to update PlannerSearch

February 25, 2026
CLARITY Act May Still Delay Despite Stablecoin Yield Deal, Galaxy’s Alex Thorn Warns

CLARITY Act May Still Delay Despite Stablecoin Yield Deal, Galaxy’s Alex Thorn Warns

0
Research suggests adults who find it easier to bond with animals than with people aren’t antisocial — they’re drawn to a form of connection where the terms are visible, the loyalty isn’t conditional, and the relationship doesn’t require them to monitor a constantly shifting set of expectations that human attachment taught them to treat as a second job

Research suggests adults who find it easier to bond with animals than with people aren’t antisocial — they’re drawn to a form of connection where the terms are visible, the loyalty isn’t conditional, and the relationship doesn’t require them to monitor a constantly shifting set of expectations that human attachment taught them to treat as a second job

0
4 Undervalued Stocks Worth Buying to Navigate 2026 Market Volatility

4 Undervalued Stocks Worth Buying to Navigate 2026 Market Volatility

0
Scammers want your retirement—here’s how to protect yourself

Scammers want your retirement—here’s how to protect yourself

0
Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean

Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean

0
Buffett defends ‘Giving Pledge’ against Thiel and ‘billionaire backlash’

Buffett defends ‘Giving Pledge’ against Thiel and ‘billionaire backlash’

0
Research suggests adults who find it easier to bond with animals than with people aren’t antisocial — they’re drawn to a form of connection where the terms are visible, the loyalty isn’t conditional, and the relationship doesn’t require them to monitor a constantly shifting set of expectations that human attachment taught them to treat as a second job

Research suggests adults who find it easier to bond with animals than with people aren’t antisocial — they’re drawn to a form of connection where the terms are visible, the loyalty isn’t conditional, and the relationship doesn’t require them to monitor a constantly shifting set of expectations that human attachment taught them to treat as a second job

March 21, 2026
Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean

Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean

March 21, 2026
CLARITY Act May Still Delay Despite Stablecoin Yield Deal, Galaxy’s Alex Thorn Warns

CLARITY Act May Still Delay Despite Stablecoin Yield Deal, Galaxy’s Alex Thorn Warns

March 21, 2026
T-Mobile, Verizon, AT&T Go All-In On Discounts As Churn Surge Hits

T-Mobile, Verizon, AT&T Go All-In On Discounts As Churn Surge Hits

March 21, 2026
Verizon – VZ: eine Aktie für risikoscheue Anleger!

Verizon – VZ: eine Aktie für risikoscheue Anleger!

March 21, 2026
Buffett defends ‘Giving Pledge’ against Thiel and ‘billionaire backlash’

Buffett defends ‘Giving Pledge’ against Thiel and ‘billionaire backlash’

March 21, 2026
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

  • Research suggests adults who find it easier to bond with animals than with people aren’t antisocial — they’re drawn to a form of connection where the terms are visible, the loyalty isn’t conditional, and the relationship doesn’t require them to monitor a constantly shifting set of expectations that human attachment taught them to treat as a second job
  • Iran launches missiles at U.K.-U.S. base 2,500 away in the Indian Ocean
  • CLARITY Act May Still Delay Despite Stablecoin Yield Deal, Galaxy’s Alex Thorn Warns
  • 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.