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AI In The Workplace: How Companies Are Reshaping Decision-Making

Rethinking The AI And Human Interaction Paradigm

As valuations and adoption grow, artificial intelligence continues to reshape the labor landscape. Recent studies, such as those from MIT Sloan and insights from Goldman Sachs, suggest that while AI automates numerous tasks, its role may be largely transitional. Some experts even assert that AI will not so much replace roles as it will transform them, creating new opportunities in the process.

Human Oversight Remains Central

David Shim, CEO of Read AI, said at Web Summit Qatar that human judgment remains essential when using AI tools. Drawing a comparison to the evolution of navigation systems from paper maps to digital platforms like Waze and Google Maps, he argued that people will continue to play a central role in decision-making even as technology becomes more advanced.

Substitution Of Tasks, Not Talent

Industry leaders increasingly describe AI as a tool that changes workflows rather than replaces professionals. Abdullah Asiri, founder of Lucidya, said AI-driven customer support shifts routine tasks to automation, allowing employees to focus on supervision, relationship management, and strategic work. This transition is helping companies improve productivity while maintaining human expertise where it matters most.

In-House Productivity Amplified

Companies such as Read AI and Lucidya report operational improvements through AI integration. Read AI uses data from platforms like HubSpot and Salesforce to help predict deal outcomes and support faster sales decisions. Lucidya applies AI to meeting analysis and marketing workflows, helping teams scale output without significantly increasing headcount.

Navigating Customer Perceptions

Changing customer perceptions also plays a critical role. While early apprehension about AI notetakers was common, both Shim and Asiri note a shift toward acceptance, provided that customers maintain control over data recording and privacy. As Asiri succinctly puts it, the priority remains efficient problem resolution. Whether the solution is delivered by an AI agent or a human professional is secondary if issues are addressed swiftly and accurately.

Looking Forward

As AI becomes more integrated into everyday business operations, companies are placing greater emphasis on developing AI-literate teams capable of managing and guiding these tools. The focus is shifting toward adapting roles and workflows rather than replacing workers, with organizations aiming to balance efficiency, oversight, and long-term competitiveness.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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