When AI Gets the Budget and Workers Get the Bill
Hosted by
Steve Boese
Co-Founder and Chief Data Officer of H3 HR Advisors and Program Chair, HR Technology Conference
About this episode
As companies rush to invest billions in artificial intelligence, a troubling pattern is beginning to emerge. In several recent cases, organizations have openly acknowledged that the money funding AI initiatives is coming directly from employee compensation, benefits, and workforce investments.
In this episode of Workplace Minute, Steve examines three recent examples. Teradata’s decision to eliminate annual compensation adjustments in order to redirect resources to AI investments. TTEC’s suspension of 401(k) matching contributions to help fund AI tools and capabilities. And comments from Standard Chartered’s CEO about shifting resources away from what he described as “lower-value human capital” and toward technology and automation.
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