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Based on analysis of job postings and financial reports, this report argues that AI is enhancing worker productivity and increasing revenue per employee, particularly in industries more exposed to the technology. Contrary to fears of job displacement, the data indicates that job numbers and wages are growing in AI-exposed occupations, including those considered highly automatable. However, AI is causing a rapid shift in the skills employers seek, with demand for formal degrees declining and a greater emphasis placed on adaptability and skills that complement AI. The report suggests that "thinking big" with AI, focusing on value creation rather than just efficiency, is crucial for maximizing its positive impact on both workers and companies. Ultimately, the successful integration of AI hinges on building trust and enabling workers to acquire the necessary skills to leverage this transformative technology.
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Based on analysis of job postings and financial reports, this report argues that AI is enhancing worker productivity and increasing revenue per employee, particularly in industries more exposed to the technology. Contrary to fears of job displacement, the data indicates that job numbers and wages are growing in AI-exposed occupations, including those considered highly automatable. However, AI is causing a rapid shift in the skills employers seek, with demand for formal degrees declining and a greater emphasis placed on adaptability and skills that complement AI. The report suggests that "thinking big" with AI, focusing on value creation rather than just efficiency, is crucial for maximizing its positive impact on both workers and companies. Ultimately, the successful integration of AI hinges on building trust and enabling workers to acquire the necessary skills to leverage this transformative technology.
Send us a text
Support the show
Podcast:
https://kabir.buzzsprout.com
YouTube:
https://www.youtube.com/@kabirtechdives
Please subscribe and share.
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