Tech giants like Google and Microsoft special committee We aim to upskill the workforce for the era of artificial intelligence (AI) and address the urgent need for AI-savvy professionals in the evolving job market.
The consortium includes Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, SAP and six advisors. As AI reshapes industries and jobs, experts say there is a growing need to equip workers with the skills they need to succeed in environments influenced by AI technology.
“AI is accelerating the pace of change in the global workforce, providing the private sector with a powerful opportunity to help upskill and reskill workers for the future.” Francine KatsudasExecutive Vice President and Chief Officer, Policy and Purpose Officer Ciscosaid one group member. statement. “We look forward to working with other stakeholders, including governments, NGOs, and the academic community, as we take this important first step to ensure that no one is left behind in the AI revolution.”
As PYMNT reported last year, Generative AI technologies like ChatGPT have the potential to significantly improve productivity, but they also have the potential to disrupt the labor market.a investigation report Goldman Sachs suggested that automation could impact 25% of jobs in the US and Europe, particularly in the legal and government sectors. Roughly two-thirds of jobs in these regions are exposed to some degree of AI automation. However, most workers are likely to remain in their positions even if less than half of their responsibilities are automated, with only 7% of U.S. workers in roles where at least half of their responsibilities can be automated by AI. and could potentially lead to employment substitution.
AI education for millions of people
It goes by an incredibly unwieldy name. AI-Enabled Information and Communication Technology (ICT) Talent Consortiumthe group aims to provide recommendations and training programs to help companies adapt to changing circumstances and ensure workers have opportunities in the digital economy.
In its initial stages, the consortium will assess the impact of AI on 56 ICT jobs, representing the majority of ICT sectors in the US and five major European countries in terms of ICT talent. The findings provide practical insights and recommendations for employers looking to reskill and upskill their workforces for AI-enabled environments.
Consortium members said they plan to support more than 95 million individuals around the world over the next 10 years through skills development and training programs. Cisco aims to train 25 million people in cybersecurity and digital skills by 2032, and IBM plans to train 30 million people, including 2 million in AI, by 2030.
By 2030, Intel is committed to providing more than 30 million people with AI skills for the jobs of today and tomorrow. By 2025, Microsoft plans to train and certify 10 million people in underserved communities in in-demand digital skills. SAP has set a goal of upskilling 2 million people worldwide by 2025, and Google recently announced €25 million in funding to support AI training and skills for people across Europe.
Upskilling in all industries
Every industry will need to reskill its workforce.Erin Shook, Chief Executive Officer and Head of Human Resources Accenture highlighted in press release“Organizations that invest as much in learning as they invest in technology are positioned to not only create career paths, but to lead the market.”
according to IMF report, AI's impact on the workforce will be widespread and uneven, affecting approximately 40% of jobs worldwide. This impact will be even stronger in developed countries, where 60% of roles, particularly in highly skilled occupations, could be automated or changed, potentially halving labor demand and opportunities, and some jobs could become It can even become obsolete. In contrast, emerging and low-income countries have lower risks, with exposure rates of 40% and 26%, illustrating the different impacts of AI in different economic environments.