Lucas NolanA recent IBM study has revealed that 40 percent of the global workforce will need to be “reskilled” over the next three years due to the increasing implementation of AI technologies.that the rapid advancement of AI technologies is transforming the way businesses operate and the skills required of their workforce.
IBM’s research underscores the importance of reskilling in the era of AI. According to the study, tech adopters who successfully reskill to adapt to technology-driven job changes report an average revenue growth rate premium of 15 percent. Moreover, those who focus on AI see a 36 percent higher revenue growth rate than their peers. “AI won’t replace people—but people who use AI will replace people who don’t,” IBM stated in the report.
The study also highlights a shift in the skills valued in the workplace. Technical skills that were once highly prioritized, such as proficiency in STEM, have become less critical. In contrast, people skills are gaining importance. The ability to work effectively in team environments, communicate effectively, and adapt to change are all increasing in value in the AI-driven economy.
Rowe recently expressed his opinion during an interview on The Big Money Show that the growth of AI in the workplace will not jeopardize blue-collar jobs. He argued that these roles require particular skill sets that are difficult to replicate digitally. “People used to say that the robots are going to destroy skilled labor. Well, not really,” Rowe said. “I haven’t seen any plumbing robots. I haven’t seen any electrician robots.
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