The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.
© 2024 TheOutpost.AI All rights reserved
Curated by THEOUTPOST
On July 18, 2024
4 Sources
[1]
More than 40% of Japanese companies have no plan to make use of AI
TOKYO (Reuters) - Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-edge technology, a Reuters survey showed on Thursday. The survey, conducted for Reuters by Nikkei Research, pitched a range of questions to 506 companies over July 3-12 with roughly 250 firms responding, on condition of anonymity. About 24% of respondents said they have already introduced AI in their businesses and 35% are planning to do so, while the remaining 41% have no such plans, illustrating varying degrees of embracing the technological innovation in corporate Japan. Asked for objectives when adopting AI in a question allowing multiple answers, 60% of respondents said they were trying to cope with a shortage of workers, while 53% aimed to cut labour costs and 36% cited acceleration in research and development. As for hurdles to introduction, a manager at a transportation company cited "anxiety among employees over possible headcount reduction". Other obstacles include a lack of technological expertise, substantial capital expenditure and concern about reliability, the survey showed. The poll also showed 15% of respondents have experienced cyberattacks over the past year and 9% had business partners that suffered cyberattacks during the same period. Asked about damage, 23% of those that suffered cyberattacks themselves or had business partners that were targets said business was temporarily halted, and 4% said they suffered information leak. On steps to enhance cybersecurity, 47% of respondents said they were outsourcing defence whereas 38% said they had in-house specialists. Cyberattack victims in recent months included high-profile publisher Kadokawa whose case prompted the government to work towards strengthening cybersecurity measures. The survey also showed half of firms support changing a law stipulating that spouses must use the same surname. Women take their husband's in more than 9 out of 10 marriages, a practice opponents said takes away part of a woman's identity and burdens them with the masses of paperwork needed to make the change. The issue came under renewed spotlight after the Keidanren business lobby last month asked the government to allow married individuals to keep their surnames. In the survey, 50% of respondents said they supported such legislative change compared with 11% that opposed. "The current system is hurting individuals' - and especially women's - dignity and freedom," a manager at a machinery firm wrote. An official at a steelmaker called change the "natural demand of the times". In opposition, a manager at a non-ferrous metal manufacturer said allowing separate surnames could "weaken family bonds." Asked how a change in the law would affect their business, 14% of respondents said employee morale would be boosted and 10% said it would help hiring activity, while 56% said they expected no impact. (Reporting by Kiyoshi Takenaka; Editing by Christopher Cushing)
[2]
More than 40% of Japanese companies have no plan to make use of AI: Reuters poll
About 24% of respondents said they have already introduced AI in their businesses and 35% are planning to do so, while the remaining 41% have no such plans, illustrating varying degrees of embracing the technological innovation in corporate Japan. Asked for objectives when adopting AI in a question allowing multiple answers, 60% of respondents said they were trying to cope with a shortage of workers, while 53% aimed to cut labour costs and 36% cited acceleration in research and development. As for hurdles to introduction, a manager at a transportation company cited "anxiety among employees over possible headcount reduction". Other obstacles include a lack of technological expertise, substantial capital expenditure and concern about reliability, the survey showed. The poll also showed 15% of respondents have experienced cyberattacks over the past year and 9% had business partners that suffered cyberattacks during the same period. Asked about damage, 23% of those that suffered cyberattacks themselves or had business partners that were targets said business was temporarily halted, and 4% said they suffered information leak. On steps to enhance cybersecurity, 47% of respondents said they were outsourcing defence whereas 38% said they had in-house specialists. Cyberattack victims in recent months included high-profile publisher Kadokawa whose case prompted the government to work towards strengthening cybersecurity measures. The survey also showed half of firms support changing a law stipulating that spouses must use the same surname. Women take their husband's in more than 9 out of 10 marriages, a practice opponents said takes away part of a woman's identity and burdens them with the masses of paperwork needed to make the change. The issue came under renewed spotlight after the Keidanren business lobby last month asked the government to allow married individuals to keep their surnames. In the survey, 50% of respondents said they supported such legislative change compared with 11% that opposed. "The current system is hurting individuals' - and especially women's - dignity and freedom," a manager at a machinery firm wrote. An official at a steelmaker called change the "natural demand of the times". In opposition, a manager at a non-ferrous metal manufacturer said allowing separate surnames could "weaken family bonds." Asked how a change in the law would affect their business, 14% of respondents said employee morale would be boosted and 10% said it would help hiring activity, while 56% said they expected no impact. (Reporting by Kiyoshi Takenaka; Editing by Christopher Cushing)
[3]
More than 40% of Japanese companies have no plan to make use of AI
TOKYO, July 18 (Reuters) - Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-edge technology, a Reuters survey showed on Thursday. The survey, conducted for Reuters by Nikkei Research, pitched a range of questions to 506 companies over July 3-12 with roughly 250 firms responding, on condition of anonymity. About 24% of respondents said they have already introduced AI in their businesses and 35% are planning to do so, while the remaining 41% have no such plans, illustrating varying degrees of embracing the technological innovation in corporate Japan. Asked for objectives when adopting AI in a question allowing multiple answers, 60% of respondents said they were trying to cope with a shortage of workers, while 53% aimed to cut labour costs and 36% cited acceleration in research and development. As for hurdles to introduction, a manager at a transportation company cited "anxiety among employees over possible headcount reduction". Other obstacles include a lack of technological expertise, substantial capital expenditure and concern about reliability, the survey showed. The poll also showed 15% of respondents have experienced cyberattacks over the past year and 9% had business partners that suffered cyberattacks during the same period. Asked about damage, 23% of those that suffered cyberattacks themselves or had business partners that were targets said business was temporarily halted, and 4% said they suffered information leak. On steps to enhance cybersecurity, 47% of respondents said they were outsourcing defence whereas 38% said they had in-house specialists. Cyberattack victims in recent months included high-profile publisher Kadokawa (9468.T), opens new tab whose case prompted the government to work towards strengthening cybersecurity measures. The survey also showed half of firms support changing a law stipulating that spouses must use the same surname. Women take their husband's in more than 9 out of 10 marriages, a practice opponents said takes away part of a woman's identity and burdens them with the masses of paperwork needed to make the change. The issue came under renewed spotlight after the Keidanren business lobby last month asked the government to allow married individuals to keep their surnames. In the survey, 50% of respondents said they supported such legislative change compared with 11% that opposed. "The current system is hurting individuals' - and especially women's - dignity and freedom," a manager at a machinery firm wrote. An official at a steelmaker called change the "natural demand of the times". In opposition, a manager at a non-ferrous metal manufacturer said allowing separate surnames could "weaken family bonds." Asked how a change in the law would affect their business, 14% of respondents said employee morale would be boosted and 10% said it would help hiring activity, while 56% said they expected no impact. Reporting by Kiyoshi Takenaka; Editing by Christopher Cushing Our Standards: The Thomson Reuters Trust Principles., opens new tab
[4]
More than 40% of Japanese companies have no plan to make use of AI
Asked for objectives when adopting AI in a question allowing multiple answers, 60% of respondents said they were trying to cope with a shortage of workers, while 53% aimed to cut labour costs and 36% cited acceleration in research and development. As for hurdles to introduction, a manager at a transportation company cited "anxiety among employees over possible headcount reduction". Other obstacles include a lack of technological expertise, substantial capital expenditure and concern about reliability, the survey showed. The poll also showed 15% of respondents have experienced cyberattacks over the past year and 9% had business partners that suffered cyberattacks during the same period. Asked about damage, 23% of those that suffered cyberattacks themselves or had business partners that were targets said business was temporarily halted, and 4% said they suffered information leak. On steps to enhance cybersecurity, 47% of respondents said they were outsourcing defence whereas 38% said they had in-house specialists. Cyberattack victims in recent months included high-profile publisher Kadokawa whose case prompted the government to work towards strengthening cybersecurity measures. The survey also showed half of firms support changing a law stipulating that spouses must use the same surname. Women take their husband's in more than 9 out of 10 marriages, a practice opponents said takes away part of a woman's identity and burdens them with the masses of paperwork needed to make the change. The issue came under renewed spotlight after the Keidanren business lobby last month asked the government to allow married individuals to keep their surnames. In the survey, 50% of respondents said they supported such legislative change compared with 11% that opposed. "The current system is hurting individuals' - and especially women's - dignity and freedom," a manager at a machinery firm wrote. An official at a steelmaker called change the "natural demand of the times". In opposition, a manager at a non-ferrous metal manufacturer said allowing separate surnames could "weaken family bonds." Asked how a change in the law would affect their business, 14% of respondents said employee morale would be boosted and 10% said it would help hiring activity, while 56% said they expected no impact. (Reporting by Kiyoshi Takenaka; Editing by Christopher Cushing)
Share
Share
Copy Link
A recent Reuters poll shows that more than 40% of Japanese companies have no plans to implement artificial intelligence. This highlights a significant gap in AI adoption compared to other major economies.
A recent Reuters poll has revealed a surprising trend in Japan's corporate landscape: more than 40% of Japanese companies have no plans to implement artificial intelligence (AI) in their operations 1. This finding underscores a significant gap in AI adoption compared to other major economies, raising concerns about Japan's future competitiveness in the global market.
The poll, conducted by Reuters in collaboration with Nikkei Research, surveyed 737 large and mid-sized non-financial firms in Japan 2. The results showed that:
These statistics paint a concerning picture of Japan's readiness to embrace AI technologies, especially when compared to countries like the United States, where AI adoption is more widespread.
Several factors contribute to the reluctance of Japanese companies to adopt AI:
Recognizing the importance of AI in maintaining global competitiveness, the Japanese government has been actively promoting AI adoption:
Despite these initiatives, the survey results indicate that much work remains to be done to bridge the AI adoption gap in Japan's corporate sector.
The slow adoption of AI technologies could have far-reaching consequences for Japan's economy:
As the global race for AI dominance intensifies, Japan's corporate sector faces a critical juncture. The coming years will be crucial in determining whether Japanese companies can overcome their hesitation and fully embrace the potential of AI technologies.
Reference
[1]
A recent survey reveals that while the vast majority of large companies recognize AI as crucial for success, they are grappling with a significant shortage of skilled AI talent. This disconnect highlights the growing challenges in the rapidly evolving field of artificial intelligence.
5 Sources
A growing number of Fortune 500 companies are acknowledging the potential risks associated with artificial intelligence in their annual reports. This trend highlights the increasing importance and impact of AI technologies in the corporate world.
2 Sources
A recent survey by Upwork highlights the unintended consequences of AI adoption in the workplace. Despite promises of increased efficiency, many employees report longer hours and heightened stress levels.
4 Sources
India's Economic Survey 2023-24 warns of AI's potential to disrupt employment, emphasizing the need for reskilling and adaptation in the job market. The report highlights both opportunities and challenges presented by AI technologies.
13 Sources
A recent analysis reveals that while some S&P 500 companies are embracing AI, a significant portion remains cautious. The study highlights the varied approaches to AI integration across major corporations.
2 Sources