However, 58% admit that their companies are not proactively reshaping their pre-pandemic strategies to thrive in this expected new reality. These emerging lifestyle demands will present new business opportunities that cannot be captured with pre-pandemic strategies, Azwan points out. And the more we resist, the worse off we will be in the future,” Azwan states. In the Malaysian survey, executives expected 14% of all jobs to be fully automated within five years, while 27% expected them to be AI-augmented. “People will differentiate such companies and are willing to pay a premium for [products from] companies that do that,” says Azwan.

Source: The Edge Markets May 18, 2021 10:07 UTC