A survey conducted by consultancy KPMG has found that fewer than 1 in 10 CEOs of large U.S. companies plan to cut jobs due to AI in 2026. The survey also revealed that 55% of CEOs expect to increase hiring due to the impact of AI, while 36% expect no change. While the CEOs are optimistic about AI's potential to improve their businesses over the next five to 10 years, they have been underwhelmed by its impact. The integration of AI into existing processes and systems is proving to be sluggish, with companies struggling to make fundamental changes to how they operate.