Business executive decisions are increasingly being influenced by Generative AI, according to a release from SAP North America in Newtown Square.
SAP has new research showing that 44 percent of C-suite executives would override a decision they had already planned to make based on AI insights.
Another 38 percent would trust AI to make business decisions on their behalf.
The “AI Has a Seat in the C-Suite” survey was conducted by Wakefield Research and sponsored by SAP.
It polled over 300 C-Level executives at companies with at least $1 billion in annual U.S. revenue.
The research also showed that 74 percent of executives value AI for advice over family and friends.
In fact, 55 percent of executives now work at firms where AI-driven insights have replaced traditional decision-making.
“Most executive decisions are based on a combination of the data, how they feel, and discussions they’ve had with people they trust,” said Jared Coyle, chief AI officer for SAP North America. “What this data tells us is that AI is part of that trusted inner circle.”
AI is also helping reduce stress. According to the research, 39 percent of executives feel they experience a better work-life balance because of AI; while 38 percent report improved mental well-being.
Read more at SAP.
