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The benefits of artificial intelligence (AI) are being better understood as the technology filters into the enterprise space, with IT decision makers expecting benefits across the board.
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According to a report from IT security supplier Cylance, following a survey of IT leaders in the US, UK, Germany and France, AI is a priority that is already improving cyber security and will create new jobs in the future.
The study revealed 60% of respondents already have AI in place, and 79% said AI is a top priority for their boards. AI they have used has lived up to its promises, according to 86% of them.
This is not surprising in light of some of the other findings. For example, 77% said they have prevented more breaches following the use of AI-powered tools, and 74% don’t think they will be able to cope with the cyber security skills gap if they don’t adopt AI.
Meanwhile, other findings show optimism for AI technology bringing a quick return, with 64% of IT decision makers expecting a return on their investment in under two years.
“Executives who were first to make the leap of faith in AI have been the first to begin experiencing the rewards, particularly in the prevention of cyber attacks. Over the next year, I only expect to see this trend accelerate,” said Daniel Doimo, chief operating officer at Cylance.
To top it off, fears of AI taking jobs from people is offset by new job opportunities created as a result of the use of AI, according to 91% of respondents.
Read more about artificial intelligence in the enterprise sector
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But there will be challenges for organisations and people with increased adoption of artificial intelligence. Gartner recently said AI may even replace some of the tasks of skilled professionals in medicine, law and IT by 2022.
Earlier this year, The World Economic Forum in Davos, Switzerland, discussed the risks posed by technology to jobs and political stability.
These included the fact that, as a result of AI and other disruptive technologies, long-term jobs were giving way to self-employment in the “gig” economy, leaving individuals to shoulder more responsibility for the costs of unemployment, sickness and old age.