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Ex-Google CEO Eric Schmidt broke down how he sees AI agents changing C-suite jobs

Former Google CEO Eric Schmidt says AI assistants could flatten companies, cut coordination-based roles, and give executives new ways to monitor work.

Former Google CEO Eric Schmidt discussed how artificial intelligence could transform the roles of executives in an episode of the In Good Company podcast. Schmidt outlined several ways AI agents are being utilized to help C-suite executives manage their companies more efficiently. He explained that AI assistants are being employed by some companies to ensure staff adhere to core values, follow up on projects, and identify opportunities to boost profits.

Schmidt believes that the C-suite leader of the future will have an AI assistant capable of overseeing the entire organization. This change could result in a flatter organizational structure, reducing the need for certain roles involved in planning, relaying information, and managing numbers. The rapid advancement of AI technology presents a challenge, as it evolves at a pace faster than previous technological shifts like the PC-versus-Mac or Android-versus-iPhone battles.

Schmidt warned that companies will need to adapt quickly to keep up with the pace of AI development. Despite the potential downsides, Schmidt emphasized that AI will not eliminate all jobs. He advised workers whose roles are at risk to transition into new positions with the support of their employers, aiming to ensure a smooth and fair transition.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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