• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
ConferencesFortune Global Forum

‘AI is way beyond the hype phase’: Experts warn businesses must reskill for the new reality

Sheryl Estrada
By
Sheryl Estrada
Sheryl Estrada
Senior Writer and author of CFO Daily
Down Arrow Button Icon
October 31, 2025, 4:20 PM ET
From left: Fortune’s Kristin Stoller; Vinay Firake, CEO, Wipro APMEA; Hisham Radwan, CEO, Cigna Insurance Saudi Arabia; and Anne Lim O’Brien, vice chair and partner, Heidrick & Struggles.   
From left: Fortune’s Kristin Stoller; Vinay Firake, CEO, Wipro APMEA; Hisham Radwan, CEO, Cigna Insurance Saudi Arabia; and Anne Lim O’Brien, vice chair and partner, Heidrick & Struggles.   Stuart Isett—Fortune

Almost every workplace is facing disruption as AI reshapes how jobs are done, from the boardroom to the factory floor.

Recommended Video

During a panel session at the Fortune Global Forum in Riyadh on Oct. 26, experts weighed in on how work positions are shifting as technologies evolve, and even the roles that AI is beginning to compete with—including corporate jobs.

“Professional services—lawyers, accountants, management consultants like myself—the ones who actually process, analyze, and deal with a lot of data, those are the skills that can be replaced by AI and agentic AI,” said Anne Lim O’Brien, vice chair, partner, and global co-leader of the consumer products sector at executive search firm Heidrick & Struggles.

Hisham Radwan, CEO of Cigna Insurance Saudi Arabia, added actuaries to O’Brien’s list. “I believe that AI is moving so fast that we can’t control it,” Radwan said. “But bottom line: It’s an enhancement to our capabilities, rather than a replacement.”

Meanwhile, Vinay Firake, CEO of global tech services firm Wipro’s APMEA strategic market unit, believes that certain companies and even industries will decline in the AI era, especially those that do not prepare for the future. Firake cited Kodak’s business struggles as an example of a company that failed to respond quickly to technological disruption and adapt its model.

Firake also emphasized that AI is not a fad. “AI is way beyond the hype phase,” he said. He is witnessing many of Wipro’s clients, along with enterprises across different sectors worldwide, starting to realize meaningful benefits from large-scale AI projects and programs.

O’Brien is also working with clients who have moved from the hype phase to the adoption phase, now seeing productivity gains. However, she noted, this progress comes with a big question: What are you doing with the time saved by using AI?

For leaders, it can free up time for strategic thinking or developing innovation plans, O’Brien said. Yet there still needs to be a strong focus on work culture and communication, she explained. There will be employees who find their jobs taken away, replaced, or augmented by AI.

“Depending on your company’s use cases for AI, you may just have a lot of people who aren’t clear about what their jobs now entail,” O’Brien said.

When it comes to AI in the workplace, “We need to be very clear about empowering and engaging the human elements,” Radwan added.

Getting all employees on board with an AI-first approach can be challenging, especially if they are attached to familiar tools, like Excel spreadsheets, for example. Firake said Wipro has invested heavily in upskilling and reskilling its workforce. When speaking with clients, he advises that companies must not only develop existing talent but also rethink the skills they are sourcing.

Helping employees understand that AI may not necessarily take their jobs, but someone who knows how to deploy AI more effectively could, is crucial, O’Brien said, adding that maintaining an open mindset is key.

Attracting and retaining young talent—many of whom are native AI users—puts a premium on authentic leadership, growth opportunities, and inclusive cultures, according to the panelists.

To this end, you really have to cultivate a value set for curiosity and creativity within your organization, O’Brien said.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Sheryl Estrada
By Sheryl EstradaSenior Writer and author of CFO Daily
LinkedIn iconTwitter icon

Sheryl Estrada is a senior writer at Fortune, where she covers the corporate finance industry, Wall Street, and corporate leadership. She also authors CFO Daily.

See full bioRight Arrow Button Icon

Latest from our Conferences

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest from our Conferences

InnovationBrainstorm AI
Backflips are easy, stairs are hard: Robots still struggle with simple human movements, experts say
By Nicholas GordonDecember 11, 2025
20 days ago
ConferencesBrainstorm AI
Exelon CEO: The ‘warning lights are on’ for U.S. electric grid resilience and utility prices amid AI demand surge
By Jordan BlumDecember 9, 2025
22 days ago
AIBrainstorm Design
AI’s reliance on patterns can lead to ‘somewhat mediocre’ results, warns CEO of design consultancy IDEO
By Andrew StaplesDecember 9, 2025
23 days ago
Logo of Fortune Brainstorm AI conference
ConferencesBrainstorm AI
Fortune Brainstorm AI 2025 Livestream
By Fortune EditorsDecember 8, 2025
24 days ago
Workplace CultureBrainstorm Design
How two leaders used design thinking and a focus on outcomes to transform two Fortune 500 giants
By Christina PantinDecember 4, 2025
28 days ago
Workplace CultureBrainstorm Design
Designer Kevin Bethune: Bringing ‘disparate disciplines around the table’ is how leaders can ‘problem solve the future’
By Fortune EditorsDecember 3, 2025
29 days ago

Most Popular

placeholder alt text
Europe
George Clooney moves to France and sends a strong message about the American Dream
By Nick LichtenbergDecember 30, 2025
1 day ago
placeholder alt text
Success
Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
By Orianna Rosa RoyleDecember 29, 2025
3 days ago
placeholder alt text
Environment
'I opened her door and the wind caught me, and I went flying': The U.S. Arctic air surge is sweeping northerners off their feet
By Holly Ramer and The Associated PressDecember 30, 2025
1 day ago
placeholder alt text
C-Suite
Exiting CEO left each employee at his family-owned company a $443,000 gift—but they have to stay 5 more years to get all of it
By Nick LichtenbergDecember 30, 2025
2 days ago
placeholder alt text
Health
Lay's drastically rebrands after disturbing finding: 42% of consumers didn't know their chips were made out of potatoes
By Matty Merritt and Morning BrewDecember 31, 2025
12 hours ago
placeholder alt text
Success
African millennials and Gen Z are quitting their big-city dreams to go make more money back on the farm
By Mark Banchereau and The Associated PressDecember 29, 2025
3 days ago