AI Implementation Leads to Changes in Hiring Needs and Skill Requirements

The adoption of artificial intelligence (AI) is prompting changes in companies' hiring needs and skill requirements, according to a report by EY. The report reveals that 50% of business leaders expect a mix of layoffs and new hires in the next six months due to the implementation of AI. This presents a challenge for technology organizations as they try to balance the advantages of AI with the need for new skill sets. The report also shows that emerging technologies like AI have made it more difficult for companies to source top talent in areas such as cybersecurity, data science, and AI engineering. Despite these challenges, businesses are enthusiastic about the positive impact of AI on workplace culture, with 85% of technology business leaders reporting a positive influence. To navigate these changes, companies are implementing internal development programs and technical certifications to upskill their workforce and capitalize on AI benefits. --- Send in a voice message: https://podcasters.spotify.com/pod/show/tonyphoang/message