Honeywell(US:HON) Xin Lang Cai Jing·2026-01-22 11:53Core Insights - Honeywell's CEO Vimal Kapur stated that artificial intelligence (AI) can help address the skilled labor shortage, particularly in mature markets where populations are declining [1][2] - The company is utilizing "physical AI" to enhance workforce skills rather than automate jobs, emphasizing the distinction between augmenting existing labor and job automation [1][2] Group 1 - The main issue faced by clients is a skills shortage due to population decline in mature markets [1] - Companies need to do more with fewer people or enable less experienced individuals to perform higher-level tasks [2] - Honeywell is focused on developing capabilities that enhance people's skills [2] Group 2 - The key aspect of physical AI is to augment the existing workforce rather than automate jobs [2] - There is a need to separate the concepts of job automation and workforce augmentation in discussions about AI [2]