AI as a job creator, not job eliminator
An aging population, economic growth coming from overhauls to healthcare and infrastructure, and more nearshoring to eliminate supply chain risk are just some of the reasons why he believes the AI-as-job-eliminator narrative is false. Inside PwC, for example, AI is enabling auditors to speed through 150- to 200-page 10-K financial documents in a fraction of the time it took them before. Looking for trends and anomalies in these filings is what auditors do all day long, Ryan said. Through PwC's partnership with Microsoft, the company built its own version of ChatGPT. This private platform enables PwC auditors to look at multiple companies in different sectors to unearth trends and analyze data.