Discover the best strategies for businesses to handle potential job displacement caused by AI. Learn why investing in employee reskilling and redeployment is crucial for sustainable growth.
Table of Contents
Question
How should businesses approach the potential job displacement caused by AI implementation?
A. Ignore it; it’s not the company’s problem
B. Immediately lay off all potentially affected employees
C. Invest in reskilling and redeploying affected employees
D. Only hire AI specialists in the future
Answer
C. Invest in reskilling and redeploying affected employees
Explanation
Businesses should proactively address potential job displacement caused by AI by focusing on reskilling and redeploying affected employees. This approach helps maintain workforce stability, minimizes unemployment impacts, and leverages existing talent in new roles, aligning with both ethical standards and long-term strategic goals. Ignoring the issue (A) or laying off all affected employees (B) can lead to negative social and organizational consequences. Hiring only AI specialists (D) does not address the broader impact on current employees and may overlook the value of their existing expertise.
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