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Home Analysis

GenZ professionals are optimistic and forward-thinking when it comes to GenAI: upGrad Enterprise Report

by MN4U Bureau
November 25, 2024
in Analysis
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GenZ professionals are optimistic and forward-thinking when it comes to GenAI: upGrad Enterprise Report
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MUMBAI: GenZ professionals are optimistic and forward-thinking when it comes to GenAI. 1 in 2 GenZs believe that GenAI will play a supportive, if not central role in their careers over the next 5 years. Adoption rates are high, with 73% of GenZ already integrating GenAI into their daily tasks with 72% relying on GenAI-produced outputs with minimal edits—clear evidence that this generation sees GenAI as an integral part of their daily workflows. Interestingly, GenZ demonstrates greater environmental consciousness, being three times more concerned about GenAI’s ecological impact compared to organizations.

upGrad Enterprise – the corporate skilling and workforce development division of online skilling company upGrad, has unveiled an extensive study titled ‘The GenAI Gap: GenZ & the Modern Workplace’. This study explores how GenZ professionals are adopting Generative AI (GenAI) in the workplace and the implications for organisations.

Based on insights from over 3,500 GenZ professionals across diverse backgrounds and more than 1,000 HR leaders, the report examines GenZ’s usage patterns, attitudes, and expectations surrounding GenAI. It also highlights the role of organizations in cultivating a GenAI-friendly mindset among their workforces.

Some of the other key findings include:

· Despite some concerns over job security – 65% of GenZ respondents reported feeling neutral to optimistic about GenAI, while 77% see the technology as a harbinger of new professional possibilities.

· Interestingly, 56% of Gen Z respondents prefer consulting GenAI over their managers, due to its constant accessibility and perceived impartiality.

· 54% of Gen Z respondents believe their current organisational guidelines on GenAI are inadequate, revealing a need for companies to establish clearer AI policies and comprehensive training.

· 52% of GenZ respondents acknowledge a lack of clarity around their workplace GenAI training programmes, with some highlighting that updates are rare or nonexistent—emphasising the widespread inaccessibility of upskilling opportunities in today’s workplaces.

· Only 21% of HR professionals feel comfortable relying on GenAI for regulatory training, highlighting the need for compliance-focussed resources.

Srikanth Iyengar, CEO upGrad Enterprise, said, “Years of close collaboration with global organisations and GCCs have given us unique insights into the opportunities and challenges faced by professionals and even companies who are planning their growth strategies. Therefore, we have leveraged our expertise to design this report, offering an in-depth look into the current landscape – highlighting not only how GenZ is embracing AI but also the urgent need for organizations to establish supportive policies and implement targetted training. upGrad Enterprise is committed to equipping the corporate ecosystem globally with real skills and tool capabilities that will add real value to both their careers and business success in an AI-powered world.”

The report arrives after upGrad Enterprise released its take on the realities and concerns of Sales professionals, further revealing some stark findings highlighting the skills gap. The current edition adds another dimension, bringing a new group of professionals to the forefront and reflecting India’s growing adaptability to AI, alongside the broader aspirations of GenZ professionals who view GenAI as a pathway to innovative and efficient workflows.

Tags: GenAIgenerative AIGenZSrikanth IyengarupGrad Enterprise

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