CFO of $320 billion software firm: AI will help us ‘afford to have less people’ but if we do it wrong, it will be a ‘catastrophe’
The pressure is mounting on business leaders to harness AI to make work faster, cheaper, and more efficient. That may thrill investors, but for employees, it could mean fewer jobs around the world. At the $320 billion software giant SAP, there will likely be a need for fewer engineers to deliver the same—or even greater—output, according to the company’s CFO Dominik Asam. “There’s more automation, simply,” Asam told Business Insider. “There are certain tasks which are automated and for the same volume of ...