Workday Global Survey Reveals AI Trust Gap in the Workplace

Rhea-AI Summary

Workday, a leader in enterprise cloud applications for finance and human resources, published a study revealing a lack of trust in the responsible development and deployment of AI in the workplace. The study found that while 62% of business leaders welcome AI, only 52% of employees share the sentiment. The research also highlights concerns about human intervention in AI processes and the need for smart AI governance with transparency.

Leaders and Employees Have a Lack of Trust When it Comes to the Responsible Development and Deployment of AI

PLEASANTON, Calif., Jan. 10, 2024 /PRNewswire/ -- Workday, Inc (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today published its latest global study, which found that an AI trust gap has formed in the workplace. Business leaders and employees are in agreement that AI holds great opportunities for business transformation, however, there is a lack of trust that it will be deployed responsibly, with employees showing an even deeper level of skepticism than their leadership counterparts.

Key findings include:

• Only 62% of business leaders (C-suite or their direct reports) welcome AI. This number is even lower among employees, at 52%.
• 23% of employees are not confident their organization puts employee interests above its own when implementing AI.
• 70% of business leaders agree AI should be developed in a way that easily allows for human review and intervention.
• 42% of employees believe their company does not have a clear understanding of which systems should be fully automated and which require human intervention.
• 3 in 4 employees say their organization is not collaborating on AI regulation.
• 4 in 5 employees say their company has yet to share guidelines on responsible AI use.

"There's no denying that AI holds immense opportunities for business transformation. However, our research shows that leaders and employees lack confidence in, and understanding of, their organizations' intentions around AI deployment within the workplace," said Jim Stratton, chief technology officer, Workday. "To help close this trust gap, organizations must adopt a comprehensive approach to AI responsibility and governance, with a lens on policy advocacy to help strike the right balance between innovation and trust."

"Ethical standards in the use of AI and ML are vital for long-term success. As we introduce more and more AI technologies, we are focused on building trust with customers and employees," said Dan Cohen, chief information officer and director of operations at The Amenity Collective. "Our aspirational goal is to create a culture, at the very core of our brand, that adopts AI and empowers each person in our company to use it to do the right thing for our customers. I applaud Workday's commitment to understanding and addressing the sentiment of leaders and employees so we can work to close the AI trust gap."

Lack of Trust at all Levels of the Workforce
When it comes to organizations adopting and deploying AI responsibly, there is a lack of trust at  all levels of the workforce, particularly from employees. Only 62% of leaders welcome AI adoption in their organization, and the same percentage of leaders are confident their organization will ensure AI is implemented in a responsible and trustworthy way. At the employee level, those numbers drop even further to 52% and 55% respectively. 

There is also uncertainty among employees and leaders that their organization will implement AI in the right way. Nearly one-quarter (23%) of employees are not confident their organization puts employee interests above its own when implementing AI, and leaders agree: 21% of leaders report they are not confident their organizations will put employee interests first.

Human Intervention with AI 
Leaders and employees want human involvement in AI processes, but are unclear on the best way to do so. The majority (70%) of business leaders agree AI should be developed in a way that easily allows for human review and intervention. However, 42% of employees believe their company does not have a clear understanding of which systems should be fully automated and which require human intervention.

Earlier Workday-commissioned research on AI further validates concerns around companies' abilities to implement AI responsibly and effectively: nearly three-quarters (72%) of leaders said their organization lacks the skills to fully implement AI and ML, and an even slightly higher percentage (76%) said their own knowledge of AI and ML applications needs improvement.

Need for Smart AI Governance with Transparency
Asked to imagine a future where AI is a part of everyday life, 42% of leaders and 36% of employees cite organizational frameworks and regulation as most important for building trustworthy AI.

However, there is a lack of organization-wide visibility around AI regulation and guidelines. Three in four employees say their organization is not collaborating on AI regulation, and four in five say their company has yet to share guidelines on responsible AI use.

Workday has launched this research leading up to the World Economic Forum Annual Meeting, taking place in Davos, Switzerland, from January 15-19, 2024.

For additional information:

• Download the report, Closing the AI Trust Gap.
• Check out the infographic, Closing the AI Trust Gap: Three Key Findings.
• Learn more about Workday's approach to responsible AI here.

About the Report
This data comes from the global study "Closing the AI Trust Gap," a survey commissioned by Workday and conducted by FT Longitude in November and December 2023. The survey encompassed 1,375 business leaders and 4,000 employees across 15 countries in three core regions: North America; Asia-Pacific and Japan (APJ); and Europe, the Middle East, and Africa (EMEA). This breakdown reveals a comprehensive view of the organizational hierarchy, highlighting the perspectives of leadership and the broader employee population.

About Workday
Workday is a leading provider of enterprise cloud applications for finance and human resources, helping customers adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, spend management, and analytics are built with artificial intelligence and machine learning at the core to help organizations around the world embrace the future of work. Workday is used by more than 10,000 organizations around the world and across industries – from medium-sized businesses to more than 50% of the Fortune 500. For more information about Workday, visit workday.com.

© 2023 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.

Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and Workday's current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of Workday's control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in Workday's filings with the Securities and Exchange Commission ("SEC"), including Workday's Form 10-Q for the fiscal quarter ended October 31, 2023, and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

Any unreleased services, features, or functions referenced in this document, Workday's website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.

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SOURCE Workday Inc.

FAQ

What did Workday publish in its latest global study?

Workday published a study revealing a lack of trust in the responsible development and deployment of AI in the workplace.

What percentage of business leaders welcome AI according to the study?

62% of business leaders welcome AI, according to the study.

What are the key findings of the study?

The study found that only 52% of employees welcome AI, and there is a lack of trust at all levels of the workforce regarding responsible AI implementation.

What do business leaders and employees want regarding human intervention in AI processes?

The majority (70%) of business leaders agree AI should be developed in a way that easily allows for human review and intervention.

What is the need highlighted by the study for building trustworthy AI?

42% of leaders and 36% of employees cite organizational frameworks and regulation as most important for building trustworthy AI.

When is the World Economic Forum Annual Meeting taking place?

The World Economic Forum Annual Meeting is taking place in Davos, Switzerland, from January 15-19, 2024.