AI adoption boosting efficiency but impacting hiring, NZ firms say

AI adoption boosting efficiency but impacting hiring, NZ firms say
Pre-existing AI solutions were used by 72% of companies, while 13% used custom-built solutions. (Image: Getty)
John Anthony
New Zealand businesses are reporting higher productivity and cost savings from increased artificial intelligence adoption, though it may be affecting new hiring rates, a new survey shows.The AI Forum, in collaboration with Callaghan Innovation and Te Herenga Waka Victoria – University of Wellington, is researching AI's impact on productivity in NZ.Its biannual survey tracks AI adoption and its effects on industries.Its latest report, released in March, stated that 82% of 200 respondents reported some level of AI use in their organisat...

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