AI Puts The Squeeze On The Shrinking Half-life Of Skills

Kian Katanforoosh News

AI Puts The Squeeze On The Shrinking Half-life Of Skills
AI Puts The Squeeze On The Shrinking Half-LifeAIStanford University
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I am an author, independent researcher and speaker exploring innovation, information technology trends and markets. I served as co-chair of the 2023 AI Summit in New York, as well as the 2021 and 2022 Summits. I regularly contribute to Harvard Business Review on AI topics.

estimate that 40% of their workforces will need to reskill due to implementing AI and automation over the next three years. “That translates to 1.4 billion of the 3.4 billion people in the global workforce, according to World Bank statistics,” the study’s authors add.

AI skills development is not a luxury — it’s now a must for organizations seeking to compete in today’s economy. “We have to understand that everyone will be an AI person, just at different levels of proficiencies,” Katanforoosh says. There are two main groups in organizations — AI builders and AI users — that need ongoing skills refreshes. “Builders of AI, producing language models and developing AI systems. are about five percent of the organization.

In addition, “understanding the capabilities of AI the learning process will allow you as a business leader to determine what type of data you need to collect, and whether that data can translate into a competitive mode for your organization.”It’s critical that people across the organization gain a measure of AI fluency, he continues.

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