CIOs can expect generative AI to supercharge legacy modernization and even influence geopolitics over the next few years.
How will generative AI impact legacy modernization?
By 2027, generative AI tools are predicted to be used to explain legacy business applications and create suitable replacements, potentially reducing modernization costs by up to 70%. However, organizations should be aware that adopting generative AI will not be free, as significant energy resources are required for training these models.
What role will AI play in geopolitical shifts?
By 2027, the productivity value of AI is expected to become a key economic indicator of national power, potentially leading to a geopolitical shift. Smaller nations, such as Australia, may emerge as AI superpowers, while discussions in the U.S. regarding regulation could impact innovation and the country's competitive position.
How will AI affect individual career advancement?
By 2026, it is anticipated that 30% of workers will use digital charisma filters to improve their professional interactions, helping them achieve career advancements that were previously difficult. This technology could reshape how employees are perceived by employers, marking a significant shift in the benefits of technological innovation towards individual workers.