With 82% of companies exploring or using artificial intelligence (AI) in their operations, the challenge of integrating AI effectively remains significant. Larger enterprises are leading the way, but many companies struggle to align their workforce with AI strategies. This gap underscores the need for strategic upskilling and better workforce planning.
- The Growing Role of AI in Business:
- 87% of businesses anticipate AI will enhance revenue, operational efficiency, and job augmentation.
- Despite these benefits, Goldman Sachs predicts AI could replace 300 million full-time jobs by 2030.
- McKinsey Global Institute reports that 14% of employees may need to change careers due to AI and automation.
- Challenges in AI Integration:
- Companies often lack awareness of their existing talent and struggle with workforce planning and future readiness.
- Julia Grace Samoylenko, Founder and CEO of Asteri, emphasizes the importance of using analytical tools to assess and build upon existing skills.
- Balancing Human and AI Strengths:
- AI excels at managing and analyzing existing data, while human judgment and creativity remain vital.
- Reskilling employees can turn potential threats into opportunities for valuable contributions in logistical areas.
- Navigating Talent Supply and Demand:
- Greg Von der Ahe, Head of Product and Go-To-Market for Asteri, discusses the high cost of acquiring new talent and the benefits of strategic upskilling.
- Upskilling initiatives need clear direction to be effective.
- The Need for Updated Learning Programs:
- Evgeny Razinkov, Chief AI Officer at Asteri, highlights that many current learning programs are outdated and do not address the rapid advancements in AI.
- Companies must measure and understand essential skills, identify existing gaps, and align their training programs accordingly.
- Asteri’s Approach to Skills and AI:
- Asteri utilizes a knowledge graph to map required skills across industries and positions, leveraging AI to infer skill needs and gaps.
As AI continues to reshape the workforce, companies must strategically address the skills gap through upskilling and effective workforce planning. By understanding their current talent and using advanced tools like knowledge graphs, businesses can better integrate AI and prepare for future challenges.
