AI automation in the workplace is about to reach a major tipping point

More U.S. companies are about to flip the "on" switch when it comes to automating tasks with artificial intelligence.by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, plans to use AI in the coming year are surging.

"CFOs say their firms are tapping AI to automate a host of tasks, from paying suppliers, invoicing, procurement, financial reporting, and optimizing facilities utilization," said Duke finance professor John Graham, academic director of the survey, in a statement. "This is on top of companies using ChatGPT to generate creative ideas and to draft job descriptions, contracts, marketing plans, and press releases.

The survey doesn't necessarily suggest that companies will completely replace human workers with AI, considering that employees perform multiple tasks for their jobs."It’s job transformation. Human jobs will be replaced—but will be replaced by other humans using AI," he added. "The whole ideas is to be the human who is using AI, to learn it, to do it, to make it happen."He replied, “It’s actually uncannily accurate.

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