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News » GenAI gains trust among global professionals, says LexisNexis 

GenAI gains trust among global professionals, says LexisNexis 

Photo from LexisNexis Future of Work Report 2024

NEW YORK, UNITED STATES — LexisNexis, a provider of legal, regulatory, and business information and analytics, has released its Future of Work Report 2024, which revealed a positive stance toward generative AI (GenAI) among professionals worldwide. 

The survey of over 500 respondents across diverse industries showed that 72% anticipate a positive impact from GenAI on daily work, while 82% expect it to take over repetitive administrative tasks, boosting productivity and growth.

Notably, only 4% see GenAI as a threat to job security, with 45% reporting improved job satisfaction. Furthermore, 74% expressed optimism about GenAI’s impact on organizational performance.

“The recent and rapid rise of GenAI marks a pivotal shift in how organizations must operate and strategize,” said Todd Larsen, President, Nexis Solutions, LexisNexis. 

“We believe that through collaboration and a shared understanding of GenAI, organizations can adopt and embrace the massive opportunities it provides which is why this is exactly what we are focused on at LexisNexis.” 

Other key findings include: 

  • GenAI is seen as valuable across industries, including risk, legal, marketing, sales, IT, strategy, finance, and more.
  • 92% of professionals are curious about GenAI’s creative potential, with 86% willing to embrace it for creative and professional work.
  • 69% of respondents use GenAI to assist with daily tasks.
  • 97% say human validation of GenAI outputs is important, and 80% emphasize transparency and explainability.

The LexisNexis report echoes the comprehensive study of Tata Consultancy Services (TCS), in which 90% of respondents are optimistic about GenAI’s potential to reshape work dynamics. 

Gartner’s survey found that 38% of HR leaders are already implementing GenAI in their functions.

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