Verizon CEO tips AI to disrupt customer care roles
Verizon CEO Dan Schulman (pictured) doubled down on messaging around the widespread impact of AI on the workforce, tipping the technology to replace βa large percentageβ of work handled by customer service representatives.
In an interview with Bloomberg, Schulman said AI would cause βdisruption in certain job functionsβ but pointed to customer care as an area where the technology could be applied quickly and effectively.
In his view, the technology could be used to handle simple customer queries, including recovering a lost password or checking a billing amount. For more complex requests, Schulman said human employees and AI agents would work together.
Schulman also cited AIβs role in network security, telling Bloomberg Verizon does βa lot for the critical infrastructure of the USβ and that AI tools would help the company βprotect itβ.
The chief highlighted Verizonβs efforts to deploy AI as part of a wider push to improve customer experience and sharpen the companyβs performance. He added the operator would not raise prices without delivering value to customers, stating: βAnybody can compete on priceβ¦ Itβs about competing on other parts of the value proposition, where you can actually differentiate yourself.β
Verizon introduced promotions and service guarantees last year to combat customer fatigue and better compete with rivals including AT&T and T-Mobile US.
Big, bureaucratic company
In April, Schulman urged fellow leaders to be open with employees about the impact AI would have on workforces, telling the Wall Street Journal (WSJ) the technology will reshape the companyΒ and that βbeing realistic, telling the truth, as best you can, is essentialβ. Last year, the operator scrapped more than 13,000 jobs, subsequently setting aside $20 million to help reskill employees for the AI era.
According to Schulman around 7,000 employees have already applied for the trainings, which include teaching staff effective prompt writing and AI agent creation. He added he is βspending a lot of time down in DCβ speaking with government officials about responsible AI use.
Beyond technology, the CEO also suggested internal culture remains part of the challenge. βVerizon is a big, bureaucratic company,β he said. βIt loves its processes. It loves to show its work. But Iβm about outcome and how fast can we move the company forward.β
He explained it had taken time to steer Verizon towards a more innovative approach, adding he wants the company to be less risk averse in order to better serve customers.
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