How Is Artificial Intelligence Impacting the Business World?

Artificial intelligence is increasingly taking its place in the business world. Recent studies show that managers consult AI when making important decisions.
According to a survey by ResumeBuilder.com, 60% of managers turn to large language models for HR decisions. This percentage rises to 66% when it comes to layoffs.
78% of managers consult AI for salary increases, and 77% for promotion decisions. This trend highlights the growing role of AI in the business sector.
However, excessive reliance on AI in decision-making processes can lead to new mental health issues, such as 'ChatGPT psychosis.' This poses a risk that needs to be addressed.
CEOs trust AI more than their peers for job advice. AI stands out with its ability to analyze complex data.
However, AI can still produce misinformation. Therefore, it is crucial for managers to be cautious and question AI's recommendations.