The AI Use Cases Podcast
Join us on the AI Use Cases Podcast, where we unveil the transformative power of AI through riveting success stories. Discover how trailblazing businesses are revolutionizing their industries with cutting-edge AI innovations that you can't afford to miss.
AI's Workforce Transformation: Job Displacement, Skills Adaptation, and Leadership's Role
This episode explores AI's impact on the workforce, discussing potential job displacement and productivity growth by 2030. It covers skills adaptation and retraining for an AI-driven economy, addresses risks for lower-wage workers, and emphasizes the role of leadership in AI. Concludes with final thoughts on AI deployment challenges and opportunities.
Key Points
- By 2030, up to 30 percent of current work hours could be automated, significantly impacting job roles in lower-wage occupations while increasing demand for STEM and healthcare professionals.
- Automation and generative AI offer a major opportunity for productivity growth, which could help reverse the decades-long deceleration in productivity in both the United States and Europe.
- Companies will need to focus on retraining their current workforce to bridge skills gaps, emphasizing technological, social, and emotional skills to successfully integrate AI into their operations.
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Transcript
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