AI slowly taking over IT-BPM sector in Phl
The Philippine Star|October 03, 2024
Over 60 percent of information technology-business process management (IT-BPM) firms in the country are already using artificial intelligence (AI) in their operations, but only eight percent have reported a decline in the workforce due to the use of the new technology, according to the Information Technology and Business Process Association of the Philippines (IBPAP).
BY LOUELLA DESIDERIO

Speaking at the International IT-BPM Summit 2024 yesterday, IBPAP president Jack Madrid said that based on the group's survey conducted this year, 67 percent of their members are actively implementing AI initiatives in various functions including customer support, data entry and processing, workforce management and sales and marketing.

In terms of the impact of AI on jobs, he said eight percent reported a reduction in the workforce.

On the other hand, 13 percent reported headcount gains.

For the remainder of the respondents, Madrid said jobs have not been affected by AI.

While AI is expected to affect some jobs particularly those involving repetitive and routine tasks, he said the new technology is not negatively affecting the industry as what many may be expecting.

This story is from the October 03, 2024 edition of The Philippine Star.

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This story is from the October 03, 2024 edition of The Philippine Star.

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