Former Chief Executive of AngloGold Ashanti, Sir Sam Jonah, has advised business leaders about the negative implications of investing in artificial intelligence (AI) that could result in mass job losses.

Speaking at a recent event, Gold Coast University Leadership Conversation, Sir Sam Jonah stated that leaders who consider AI investments that could eliminate the roles of 50 employees should take a step back and carefully reconsider their decisions.

Sir Jonah said that while AI and automation technologies offer significant potential for improving efficiency and reducing costs, they also present challenges, particularly in terms of their impact on employment.

He urged leaders to take a holistic view, considering those who would lose their jobs.