80% of workers struggle to keep pace with AI’s rapid advances

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News Team

The demand for AI skills is higher than the supply, with one-third of business leaders seeking employees with AI experience. According to a new report from Springboard, companies are struggling to keep up with advances in AI, leaving many workers feeling left behind. The survey revealed that AI and machine learning are among the most in-demand skills for leaders, with 36% of companies needing workers with experience in this technology.

Despite the challenges in keeping up with AI, a majority of employees and managers see potential in the technology to improve the efficiency and quality of their work. The report suggests that organizations must take the initiative to equip their workers with the tools and training they need to take full advantage of emerging technologies as they enter the market.

The report also highlights the need for companies to address AI adoption in the workplace urgently and transparently. Employees are already aware that AI will bring significant changes to the way they work, so upskilling opportunities that support AI literacy will help cushion those concerns and close the deepening skills gap.

The report also emphasizes the importance of remaining agile and continually looking for ways to upskill and not fear the future. Despite the struggle to keep up, many junior employees view AI favorably and are eager to use it more. Forty percent believe that artificial intelligence will help them do their jobs faster and better. This sentiment is even stronger among managers, with 51% seeing AI as a silver bullet for efficiency and process automation.

The future of work management will be different, but jobs will not disappear en masse, according to Joseph Fuller, co-director of Harvard’s Managing the Future of Work initiative. Some skills will always be crucial, so it is important to remain agile and continually look for ways to upskill and not fear the future.

As for concerns about particularly advanced machine learning supplanting human ingenuity, Springboard CEO Gautam Tambay believes that humans are still needed to think strategically and make decisions, with AI serving as a tool to meet human needs. Ultimately, companies are created by humans serving human needs, and understanding the emotions of human customers is crucial.

The report also notes that the dream of widespread AI reached a tipping point in 2023, when many administrative professionals began regularly experimenting with the technology in their jobs. As we become more adept at integrating mechanical assistance into all aspects of our lives, workers will surely begin to discover work-related use cases. Organizations must take the initiative to equip their workers with the tools and training they need to take full advantage of emerging technologies the moment they enter the market.

In conclusion, the report highlights the need for companies to address the growing demand for AI skills and the importance of equipping workers with the tools and training they need to take full advantage of emerging technologies. Despite the challenges in keeping up with AI, the future of work management will be different, but jobs will not disappear en masse. It is important for employees to remain agile and continually look for ways to upskill and not fear the future.

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