Stock Market News

More than 40% of Japanese companies have no plan to make use of AI: Reuters poll

2024.07.17 19:14

By Kiyoshi Takenaka

TOKYO (Reuters) – Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-edge technology, a Reuters survey showed on Thursday.

The survey, conducted for Reuters by Research, pitched a range of questions to 506 companies over July 3-12 with roughly 250 firms responding, on condition of anonymity.

About 24% of respondents said they have already introduced AI in their businesses and 35% are planning to do so, while the remaining 41% have no such plans, illustrating varying degrees of embracing the technological innovation in corporate Japan.

Asked for objectives when adopting AI in a question allowing multiple answers, 60% of respondents said they were trying to cope with a shortage of workers, while 53% aimed to cut labour costs and 36% cited acceleration in research and development.

As for hurdles to introduction, a manager at a transportation company cited “anxiety among employees over possible headcount reduction”.

Other obstacles include a lack of technological expertise, substantial capital expenditure and concern about reliability, the survey showed.

The poll also showed 15% of respondents have experienced cyberattacks over the past year and 9% had business partners that suffered cyberattacks during the same period.

Asked about damage, 23% of those that suffered cyberattacks themselves or had business partners that were targets said business was temporarily halted, and 4% said they suffered information leak.

On steps to enhance cybersecurity, 47% of respondents said they were outsourcing defence whereas 38% said they had in-house specialists.

Cyberattack victims in recent months included high-profile publisher Kadokawa whose case prompted the government to work towards strengthening cybersecurity measures.

The survey also showed half of firms support changing a law stipulating that spouses must use the same surname. Women take their husband’s in more than 9 out of 10 marriages, a practice opponents said takes away part of a woman’s identity and burdens them with the masses of paperwork needed to make the change.

The issue came under renewed spotlight after the Keidanren business lobby last month asked the government to allow married individuals to keep their surnames.

In the survey, 50% of respondents said they supported such legislative change compared with 11% that opposed.

“The current system is hurting individuals’ – and especially women’s – dignity and freedom,” a manager at a machinery firm wrote. An official at a steelmaker called change the “natural demand of the times”.

© Reuters. FILE PHOTO: Figurines with computers and smartphones are seen in front of the words

In opposition, a manager at a non-ferrous metal manufacturer said allowing separate surnames could “weaken family bonds.”

Asked how a change in the law would affect their business, 14% of respondents said employee morale would be boosted and 10% said it would help hiring activity, while 56% said they expected no impact.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,182.31 4.07%
ethereum
Ethereum (ETH) $ 3,486.94 2.26%
tether
Tether (USDT) $ 0.99943 0.05%
xrp
XRP (XRP) $ 2.30 1.66%
bnb
BNB (BNB) $ 703.07 1.55%
solana
Solana (SOL) $ 198.90 4.12%
dogecoin
Dogecoin (DOGE) $ 0.333856 3.37%
usd-coin
USDC (USDC) $ 1.00 0.02%
staked-ether
Lido Staked Ether (STETH) $ 3,482.70 2.19%
cardano
Cardano (ADA) $ 0.925348 1.28%
tron
TRON (TRX) $ 0.256517 1.66%
avalanche-2
Avalanche (AVAX) $ 41.20 5.98%
chainlink
Chainlink (LINK) $ 24.87 2.78%
the-open-network
Toncoin (TON) $ 5.86 4.32%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,136.88 2.43%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 3.43%
sui
Sui (SUI) $ 4.61 1.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,791.20 3.83%
hedera-hashgraph
Hedera (HBAR) $ 0.311629 4.35%
stellar
Stellar (XLM) $ 0.390006 4.31%
polkadot
Polkadot (DOT) $ 7.45 1.77%
hyperliquid
Hyperliquid (HYPE) $ 29.89 0.55%
weth
WETH (WETH) $ 3,486.43 2.25%
bitcoin-cash
Bitcoin Cash (BCH) $ 464.97 0.92%
leo-token
LEO Token (LEO) $ 9.49 0.87%
uniswap
Uniswap (UNI) $ 14.22 1.22%
litecoin
Litecoin (LTC) $ 108.41 1.62%
pepe
Pepe (PEPE) $ 0.000019 3.57%
bitget-token
Bitget Token (BGB) $ 5.12 15.89%
near
NEAR Protocol (NEAR) $ 5.55 2.26%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,678.94 2.14%
ethena-usde
Ethena USDe (USDE) $ 0.999309 0.04%
aave
Aave (AAVE) $ 375.77 1.04%
aptos
Aptos (APT) $ 9.77 2.44%
internet-computer
Internet Computer (ICP) $ 11.35 5.40%
usds
USDS (USDS) $ 1.00 0.00%
crypto-com-chain
Cronos (CRO) $ 0.161498 0.49%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.519556 3.11%
vechain
VeChain (VET) $ 0.052237 8.09%
ethereum-classic
Ethereum Classic (ETC) $ 27.61 1.12%
mantle
Mantle (MNT) $ 1.23 1.67%
render-token
Render (RENDER) $ 7.77 0.14%
bittensor
Bittensor (TAO) $ 501.89 1.86%
mantra-dao
MANTRA (OM) $ 3.81 0.15%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.38 1.32%
monero
Monero (XMR) $ 195.24 3.72%
whitebit
WhiteBIT Coin (WBT) $ 24.83 1.54%
dai
Dai (DAI) $ 1.00 0.15%
arbitrum
Arbitrum (ARB) $ 0.807592 0.92%
filecoin
Filecoin (FIL) $ 5.40 4.03%