09/25/2024

Report: AI and Workforce Among Top CEO Concerns

They are confident that technology offers solutions

CEOs around the world are anxious about the economy but also confident that they can handle the challenges presented by AI and cybersecurity, according to a new survey.

The 2024 CEO Outlook, released last week by the accounting firm KPMG International, is based on a survey of 1,325 CEOs in 11 countries, including the United States, in July and August 2024. In general, overall confidence in the global economy is at a low boil: 72 percent of CEOs say they’re optimistic about the economy, similar to recent years, but still low compared to a high of 93 percent in 2015.

Their anxiety is tied to both lingering elements of the pandemic and emerging threats. The supply chain tops the list of leading threats among CEOs (supplanting geopolitics and political uncertainty, the top concern in last year’s survey), and cybersecurity is third on the list, up from eighth in last year’s survey. But as much as technology is seen as a threat, it’s also seen as a way forward. According to the survey, nearly two-thirds of CEOs (64 percent) say they’ll invest in AI “regardless of economic conditions.”

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