Time, Payroll and AI Adoption
As you might imagine, we are keeping an eye on the AI crazy train, at least in regard to payroll and time tracking.
Currently one of the biggest challenges to adopting AI is not the technology itself, it's not knowing what to do with it.
In a recent study by Gallup, Manager Support Drives Employee AI Adoption, the question was asked... What Prevents AI Adoption?
In a nutshell, 75% of respondents found barriers against it, while only 25% did not. The number one reason being unclear of the value.
- 16% - Unclear use case or value proposition
- 15% - Legal, compliance or privacy concerns
- 11% - Lack of training or the right knowledge/skills
- 8% - Other
- 6% - Cost of investment
- 5% - Lack of leadership alignment or strategic direction
- 4% - Resistance among employees
- 4% - Limited organizational capacity for change
- 3% - Lack of materials, resources or tools
- 3% - Lack of access to high-quality or usable data
- 25% - None of the above (No barriers)
In the opening paragraph, Gallup also mentions "only a small fraction of firms have applied it in ways that have meaningfully affected their business"... "just 5% of organizations report measurable ROI from their investment in generative AI".
Only 5%?
So if AI is not making a real dent in ROI, and folks dont know what to do with it, where do things go from here? According to Gallup, it is up to management to lead the push towards adoption... "managers are uniquely positioned to champion AI by modeling its use, answering questions and showing how it connects to employees' daily work."
Hold on a second...
First, wouldn't it be better to assure employees they won't be replaced by AI?
Then wouldn't it be better not to push employees who are resistant to it? Because it might scare them?
And before you do all that, wouldn't it be better to know exactly why you are using it in the first place? To do what exactly? Certainly not to write a blog post, this one is totally human :)
For now at least, payroll and time tracking are handled by software, not humanoid intelligence. Who knows, maybe AI can be trusted to send paychecks in the future, but not yet.