This year has been a challenging one for leaders, but CEOs are feeling relatively upbeat about it. According to a new global CEO survey from KPMG International, executives’ confidence in the overall world economy has sunk to 68 percent, the lowest level in five years. But they're feeling good about their own shops: 79 percent say they're "optimistic about their own organizations' prospects."
The reason they're so upbeat? CEOs say they feel they have a better grip on AI, for one thing, and they're generally expecting to see a return on their investment in it soon, within the next one to three years.
Moreover, they’re making efforts to make sure their people are prepared for how AI is changing work. According to the report, “seventy-nine percent of CEOs say that AI has already made them rethink how they train and develop employees. Over seven in ten (71 percent) are focusing on retaining and retraining high-potential talent, while 61 percent are actively hiring new talent with AI and broader technology skills."
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