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Top executives and decision makers say the widespread application of artificial intelligence is just around the corner, and that they are "eager" to outsource tasks such as accounting and scheduling to software, according to a new survey from PwC. Consumers, meanwhile, by and large do not fear this future, PwC says.

Expand chart
Data: Price Waterhouse Cooper; Chart: Andrew Witherspoon / Axios

Why it matters: There are more than 1.3 million accountants in the United States, earning a median salary of more than $68,000. But 69% of the executives said they are "eager" to outsource their accounting needs to a digital assistant. A majority "believe AI's potential to boost business productivity, inform strategy, and generate growth outweighs the potential downside of employment concerns," PwC said.

In an on-line survey, PwC polled 2,500 business leaders and consumers. Among the consumers, 59% said artificial intelligence would help people live more fulfilling lines; just 46% believed that AI will harm people by taking away jobs.

Go deeper

Muslim families hope to reunite following Biden's travel ban repeal

Photo: Andrew Lichtenstein/Corbis via Getty Images

Muslim Americans across the U.S. are celebrating President Biden's day-1 reversal of former President Trump's travel ban that targeted several Muslim-majority countries.

The big picture: The repeal of what many critics called the "Muslim ban" renews hope for thousands of families separated by Trump's order.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Education: Schools face an uphill battle to reopen during the pandemic.
  3. Politics: Biden unveils "wartime" COVID strategyBiden's COVID-19 bubble.
  4. Vaccine: Florida requiring proof of residency to get vaccine — CDC extends interval between vaccine doses for exceptional cases.
  5. World: Hong Kong puts tens of thousands on lockdown as cases surge — Pfizer to supply 40 million vaccine doses to lower-income countries.
  6. Sports: 2021 Tokyo Olympics hang in the balance.
  7. 🎧 Podcast: Carbon Health's CEO on unsticking the vaccine bottleneck.
Bryan Walsh, author of Future
5 hours ago - Health

Schools face an uphill battle to reopen during the pandemic

Illustration: Aïda Amer/Axios

President Biden's plan to accelerate the reopening of K-8 schools faces major challenges from a still out-of-control pandemic and more contagious coronavirus variants.

Why it matters: The longer American kids miss in-person schooling, the further they fall behind. But the uncertain state of the science on the role young children play in the pandemic continues to complicate efforts to reopen schools.