Posted 4/6/2024, 9:30:00 AM
Study: AI Expected to Reduce Workforces But Also Drive Retraining and Upskilling Opportunities
- 41% of executives surveyed expect to have smaller workforces in 5 years due to AI implementation
- Study involved 2,000 large companies worldwide; shows appetite for job cuts via AI investment
- Report says organizations must retrain and redeploy workers affected by AI to ensure continued employability
- 78% of respondents say AI will play critical role in providing upskilling/development opportunities
- Some see AI disrupting workforces positively by helping address skills crises in industries suffering talent shortages