Companies Race to Embrace AI Despite Growing Concerns Over Jobs and Regulation

AI's rapid adoption could hurt workers' mental health and experts warn companies are not ready to implement it.
While generative AI speeds productivity and fuels economic growth, it may displace jobs and risks privacy and accuracy issues if misused.
The EU and China are attempting to govern AI with strict rules, but companies say regulations could inhibit progress and competitiveness.
Though analysts are divided, many see AI as a job creator that will transform careers, not eliminate them, if workers upskill to
use the tools.
Despite risks, businesses leaders say AI spending is a top priority to enhance services, cut costs
and tap new markets before competitors.