Generative AI may reduce employee headcount by at least 5% in 2024, some CEOs say

• Some CEOs expect at least a five percent reduction in employees in 2024 thanks to AI, PwC found. 
• Leaders in media, banking, and insurance are most likely to expect AI job replacement, study shows.
• Workers should learn how to use AI on the job to reduce company costs, PwC's AI lead told BI.

CEOs seem to be warming up to using generative AI in their businesses to save time and make money this year — though at the cost of their employees, a recent survey suggests.