According to this new report, AI brings challenges and opportunities to the future of work.
microsoft and LinkedIn Labor Trend Index 2024the topic of AI dominating discourse.
The report highlighted growing concerns about continued deployment in the future. AI technology Not only will workforce growth lead to job losses, but it will also expose employers who lack the vision to successfully deploy company-wide AI plans.
The use of AI has been kept “secret” as employees struggle with “limited pace and volume of work” amid concerns that a shortage of talent for key roles will prevent AI from being deployed at a wider scale. A new trend is emerging.
Looking ahead, this report identifies important trends that will transform the workplace and bring AI technologies from the testing ground to the implementation stage.
There’s no time like now
The use of generative AI has nearly doubled in the past six months, with three-quarters of the world’s knowledge workers using some form of generative AI. AI has become an important resource for workers, with 90% of people saying AI technology saves them time and 83% saying AI technology helps them “enjoy more at work.” However, more than half (53 people) are concerned that by using AI to complete a task, they are essentially proving that they are replaceable.
For Professor Karim R. Lakhani, director of Harvard University’s Institute for Digital Data Design, the integration of AI is an opportunity to “not just work faster, but smarter.” However, Lakhani addressed the ethical implications of technology and cited the importance of ensuring that “technology gets better.” [a] Encourage team creativity and align with ethical values. ”
Aside from ethical concerns, cybersecurity has become a central issue when it comes to AI adoption. Figures show that 78% of AI users in large enterprises and 80% of small businesses bring their own AI (BYOAI) into the workplace, and 52% of people use technology to assist with their most important tasks. The answer is yes. The report warns that this BYOAI approach and covert use of AI technology could undermine corporate cybersecurity, which is a top priority for leaders.
Reasons for the high demand for strategic AI in the workplace include the pace and volume of work, email overload, excessive meetings, and overtime. The report said workers are “overwhelmed with digital debt and under pressure at work” and are turning to AI as a result. Professor Michael Platt, a neuroscientist at the University of Pennsylvania, believes that these challenges can be alleviated through proper use of AI, saying that when we are required to go back and forth, we can He explains that it cannot be resolved. “If you’re constantly switching things up, it doesn’t work very well,” Pratt says. “AI can help free workers from menial tasks and enable innovation and creativity.”
Relatedly, over the next five years, more than 40% of leaders expect to “fundamentally redesign business processes using AI,” with core roles including AI bot training and We believe this includes “ensuring the ethical use of AI.” .
Improve employee skills
We’ve all heard about the risks that AI poses to jobs, but as this new report shows, there’s another side to the story. – “Hidden shortage of human resources.” Figures from the index show 85% of people are considering a new job this year, but 55% of employers are genuinely concerned they won’t be able to fill the role.
While employment of AI technical talent has increased by 323% over the past eight years, employers are currently short on hiring non-technical talent with a natural fit for AI.
The report highlights a potentially worrying new trend, as 66% of employers say they will not hire someone without AI skills. Importantly, 71% of leaders claim to hire less experienced candidates with AI skills.
For Dr. Constance Noonan Hadley, an organizational psychologist at Boston University, this is a natural renegotiation of the “psychological contract” that covers “why we work.”
“Influenced by new generations, labor trends and the pandemic”, companies will need to re-address “business contracts” as AI “puts more power in the hands of workers over how work gets done” explains Hadley.
As AI continues to dominate the technology sector and employment landscape, AI courses such as LinkedIn Learning have “spurred 160% among non-technical professionals, and 76% of people are looking to upskill to stay competitive.” I think it is necessary.”
The argument that AI in the workforce has the potential to eliminate jobs is a valid argument that needs to be heard. However, there is also evidence to suggest that “AI is transforming rather than replacing their jobs” and could create new ones. Data from the report shows that more than two-thirds of this year linkedin Jobs on the Rise (the fastest growing jobs in the US) didn’t exist 20 years ago. Additionally, 12% of recruiters are now selectively selecting new roles specifically related to generative AI, with the role of AI director also emerging as a key “must-have leadership role.”
As AI continues to develop and become more widely adopted, it will continue to change many aspects of how we work. “As we reach the hard parts of this technological disruption and turn experimentation into tangible business impact, we will see a surge in companies meeting this challenge head-on,” the report notes.
“At this moment, fortune favors the bold.”
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