Skills Evolution: How AI Reshapes the Workforce Landscape
Artificial intelligence is creating waves in various landscapes, especially in the workforce. It's a proven fact that technology poses challenges and opportunities for employees. In the recent IBM survey, executives believe that 40% of the global workforce, approximately 1.4 billion people, must reskill due to AI and automation implementation over the upcoming three years.
Innovation dictates that the once ten years “half-life” of skills today trims down to about four years and continues to diminish. The trending demand for digital technology and artificial intelligence skills is so high that the half-life of such skills reduces to likely two years before a refresh is critical. With AI skills now an industry must-have, staying competitive means everyone, at various proficiency levels, has to be an “AI person.”
Two groups, the AI builders and AI users, substantially need continual skills refresh. AI builders refer to the talented individuals producing language models and developing AI systems. They make up about 5% of the organization. And then, most of us, the AI users, interact with AI and language models to find solutions to problems.
It's critical for business leaders to have a fundamental comprehension of how AI works for better strategic investments and data collection that can enhance a competitive stance. Therefore, developing AI fluency becomes a must across the entire organization. It's crucial for professionals in HR, marketing, or sales to understand what Python or TensorFlow is to recruit the right people, market new AI features effectively, and pitch a data product properly in line with data privacy and compliance concerns.
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What do you think about the “shrinking half-life” of skills? Are you ready for this skill revolution?
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#FutureOfWork
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