
Investors Advocate Balanced AI and Workforce Investments, PwC Survey Finds | Image Source: Pexels.com
LONDON, UK, December 5, 2024 – According to PwC 2024 Global Investor Survey, most global investors urge companies to focus on investments in artificial intelligence (AI) technologies and their human workforce. More than 70 per cent of respondents rejected the idea that organizations should choose among themselves, stressing the importance of a balanced approach to future operations and ensuring the sustainability of the workforce.
The PwC survey, which surveyed more than 500 institutional investors around the world, found that 73% of respondents considered simultaneous investment in IA and labour development to be essential to long-term profitability. This trend is consistent with the growing concerns of stakeholders about the social consequences of disproportionate AI dependence without adequate support for employees.
According to the survey, investors were more interested in environmental, social and governance considerations (ESG), and 65% of respondents indicated that GSE strategies directly influence their investment decisions. Specifically, stakeholders are asking for better information on investments in the workforce, such as training initiatives and fair wage policies.
Artificial intelligence remains a double-edged sword for businesses. While 68% of investors recognized AI’s potential to increase productivity and decision-making, 59% cautioned against reputational risks associated with excessive redundancies or insufficient recovery programs. PwC noted that companies that do not address these concerns could face long-term scepticism by investors and a decline in market values.
The survey also highlighted the role of regulation in developing investor expectations. As governments around the world have more stringent oversight of IA, 74% of respondents have advocated corporate compliance with IA ethical standards. These results highlight the growing need for companies to move effectively towards the intersection between innovation and responsibility.
“Companies that cover technology and human capital strategies are more likely to gain investor confidence,” said Bob Moritz, PwC’s global president. He stressed the need for leadership “to think holistically about creating long-term value beyond short-term cost considerations.”
The global investor survey of 2024 PwC marks a crucial moment, highlighting the changing expectations of stakeholders who need socially responsible and technologically adaptable corporate strategies. The companies that serve these calls are ready to ensure a competitive advantage in an increasingly conscious investment landscape.