"AI is democratizing expertise across the workforce. Our latest research highlights the opportunity for every organization to apply this technology to drive better decision-making, collaboration — and ultimately business outcomes."?12:3†source?. 71% of leaders prefer hiring candidates with AI skills over those with the relevant industry experience AI Skills Dominate the Job Market: A New Paradigm The 2024 Annual Work Trend Index by Microsoft and LinkedIn reveals a significant shift in employer preferences. A striking 71% of executives now prioritize candidates with artificial intelligence...... read more >

"In today’s fast-moving world, a model where we graduate in our youth prepared for a lifelong career is simply no longer valid." The Biggest Education Trends Of The Next 10 Years Transforming Education: Key Trends for the Next Decade The landscape of education is poised for profound transformation over the next decade, driven by cutting-edge technologies and changing societal needs. As the traditional model of lifelong career preparation becomes outdated, ongoing education, upskilling, and reskilling are becoming essential. Here, we delve into the pivotal education trends forecasted to... read more >

The article discusses various aspects of employee training and development, providing insights and recommendations on how to incorporate industry trends, cater to different learning styles, evaluate program success, create interactive training methods, and implement best practices. The author emphasizes the need to align training programs with specific business goals, adapt to employee demographics, and ensure engagement and participation. Additionally, they suggest utilizing metrics, data analysis, and innovative approaches such as gamification and simulations to enhance effectiveness.... read more >

The International Monetary Fund (IMF) has warned that artificial intelligence (AI) could worsen inequality among nations if not properly addressed by policymakers. The IMF states that AI is likely to affect around 60% of jobs in advanced economies, with some workers benefiting from the integration of AI while others risk losing their jobs. The IMF urges countries to establish social safety nets and provide retraining programs to protect vulnerable workers and curb inequality. The IMF's analysis coincides with discussions on AI at the World Economic Forum in Davos. China has already introduced...... read more >

According to a survey of leading AI researchers, all human tasks may become highly automatable by 2116. While this prediction seems far off, it is worth noting that it has been moved up by 50 years from the original estimate of 2164. Short-term developments are also expected to reshape IT and business professionals' jobs within the next five to 10 years. The survey highlights several capabilities that AI will achieve in the near future, including finding and patching security flaws, building websites, offering phone banking services, writing Python code, finetuning large language models, and...... read more >

AI has become a ubiquitous technology, with companies exploring its applications for revenue growth and improved customer and employee experiences. However, most businesses are unprepared to leverage AI to its fullest extent, limiting its potential. Only a small number of companies are successfully applying AI to improve their operations and create new value. AI-powered automation, when combined with specialized and generative AI, can boost productivity, eliminate errors, and achieve faster results. Successful examples include Cathay Pacific, British Airways, and Intel. To fully deliver on... read more >

The year 2023 saw widespread hype around generative AI, with expectations of AI-powered advancements becoming common. However, in 2024, there will be a need to readjust expectations as evidence emerges showcasing the limitations of generative AI. These models are prone to providing false information and hallucinations, making it difficult to anchor predictions to known truths. Anticipation of exponential productivity improvements and artificial general intelligence will prove unfounded, leading to a shift in focus towards identifying human tasks that can be augmented by these models.... read more >

According to a new International Monetary Fund (IMF) report, artificial intelligence (AI) could potentially replace three in five workers, with some jobs potentially disappearing altogether. The IMF also warned of lower salaries and cuts in hiring as a result of AI integration. A separate study from PwC revealed that bosses in Britain are adopting AI technology at a faster rate than their counterparts in the US, China, and Europe, which could have a larger impact on British workers. The IMF also noted that while younger workers could benefit from AI, older workers may struggle to... read more >

Generative AI tools like ChatGPT are driving the trend towards AI-driven automation. While many fear job losses, the impact of generative AI is more likely to be job augmentation rather than job displacement. A McKinsey report predicts that by 2030, 30% of hours currently worked in the US economy could be automated. However, only around 20% of jobs are considered "highly exposed" to generative AI automation. Jobs like customer service representatives face a higher risk of displacement, but tasks requiring human judgment and empathy will still need human intervention. On the other end of the...... read more >

The article discusses the hidden limitations of remote work and how it can affect career progression. The author shares a personal anecdote about their friend Max, who had to relocate for personal reasons and was subsequently excluded from internal communications and passed over for a promotion. The article mentions that studies support the idea that remote employees are less likely to be promoted or receive raises compared to those working in the office. The author also highlights their previous article's viewpoint on remote work, stating that it may be more beneficial for experienced... read more >