AI to Reduce, Alter Staffing at 1 of 4 Texas Firms, Survey Shows

April 30, 2024, 12:20 PM UTC

About one in four Texas businesses say artificial intelligence will either decrease staffing requirements or alter the composition of their workforce.

About 11% of respondents in a Federal Reserve Bank of Dallas survey who are using or planning to incorporate AI in their business model said it will or already has decreased their need for workers.

Another 13.5% indicated that AI will change the type of workers needed, indicating more workers will be dismissed or require retraining for another position.

While AI is in its infancy, business leaders are seeing its capabilities to have a positive impact for the firm ...

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