Facts Facts Facts about Process Automation and more

29 Jul 2023 · 17 min
16:31

In this episode of the Process and Automation Podcast, hosts Sascha and Arno discuss a series of data‑driven observations about how AI and automation are reshaping the workplace. They begin by outlining how robotic process automation (RPA) combined with AI—often called intelligent automation—delivers strong productivity gains across clerical, customer‑service, accounting and manufacturing roles, and how hyper‑automation platforms can orchestrate end‑to‑end processes such as banking customer‑lifecycle management, supply‑chain optimization and insurance underwriting. They stress that AI adoption is becoming a strategic imperative: a recent industry survey shows 44 % of companies plan to invest in AI this year, and firms that lag risk losing relevance. The hosts highlight ChatGPT’s record‑breaking uptake (over 100 million users) as evidence of massive appetite for generative AI, and point to emerging integrations (e.g., Azure + OpenAI, Wolfram Alpha) that will add computational capabilities beyond text generation. Economic implications are explored, citing Goldman Sachs forecasts that up to 80 % of work could be automated, potentially adding 7 % to global GDP, while the World Economic Forum projects roughly 97 million new jobs by 2025. They also note less obvious AI applications, such as supporting sustainability, ESG, and governance goals. Finally, they warn about data‑privacy and security risks—citing incidents of IP leakage in AI tools—and advise careful vendor selection and a platform‑centric approach to hyper‑automation. The episode concludes with a call for listener engagement and a reminder to subscribe.

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