As a leading IT services provider in the greater Toronto area, we couldn’t miss out on commenting on the topic that has been on everyone’s minds lately: what do we expect of AI technologies?
Are there any valid reasons to worry about this new technology stealing our jobs in the future? Let’s take a look at what IBM has to say on the subject.
Will AI Technologies Steal Our Jobs?
To shed light on this burning question, IBM conducted extensive research, pulling data from two comprehensive studies. One involved surveying 3,000 C-level executives across 28 countries, while the other involved gathering insights from 21,000 workers in 22 nations. The results are not only intriguing but also offer a glimpse into the future of work.
The findings unequivocally indicate that AI technologies will indeed usher in significant changes in the workforce and the business landscape. However, these changes may not necessarily be for the worse. According to the executives surveyed, a staggering 40% of their workforce will need to undergo re-skilling within the next three years due to the implementation of AI. To put this into perspective, this translates to an astounding 1.4 billion individuals out of the 3.4 billion global workforce, as per World Bank statistics.
But here’s the twist: 87% of these executives expect generative AI to enhance and augment their roles rather than replace them. In other words, AI is poised to become a powerful ally in the workplace, amplifying human capabilities and productivity.
According to IBM research, those who embrace and successfully adapt to technology-driven job changes are reaping substantial benefits. Companies that prioritize re-skilling and focus on AI are experiencing a remarkable 36% higher revenue growth rate than their peers. It’s becoming increasingly evident that AI isn’t here to replace people; rather, it empowers individuals who harness its potential.
What Skills Will Be Most in Demand?
The shifting landscape of AI technologies in the workforce has not only redefined the future of work but also reshaped the skills that will be in high demand.
Traditionally, technical skills, particularly proficiency in STEM (Science, Technology, Engineering, and Mathematics), took the top spot on the list of critical skills. However, as we venture into 2023 and beyond, a new skill paradigm has emerged. The IBM report reveals that technical prowess has shifted from being the most critical skill to one of the least important.
Why the change? One of the key reasons is the emergence of AI-powered tools like ChatGPT, which enable workers to achieve more with less technical knowledge. As AI automates routine tasks, the focus shifts towards skills that are inherently human.
Today, there is a growing emphasis on people skills, including team management, the ability to collaborate effectively in team environments, the art of clear and concise communication, and, most importantly, the willingness to adapt to change. These skills have risen to the forefront, becoming the most critical attributes required of the workforce in 2023.
If you are looking for managed IT service professionals who keep on the cutting edge of advancements in our field, BSC Solutions Group should be your top choice. Contact us today to book your free consultation!
