AI News, AI will have 'dramatic impact' on labour force in coming years ... artificial intelligence

AI will have ‘dramatic impact’ on labour force in coming years: OpenText CEO

“Systems have gotten pretty good, there’s a lot of data being stored around employees and prospective employees,” he added, noting the influx of generation Zers entering the workforce.

“AI is going to have a dramatic impact on the labour force in the coming years.” AI has been a big focus for Waterloo-based OpenText and the company looks to grow its cloud services business, which Barrenechea said has recently topped 60,000 customers globally.

On Thursday, the company reported earnings for its fiscal second quarter, with revenue rising 0.1 per cent year-over-year to US$735 million, topping analyst estimates of US$729.7 million.

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