Updated:24/06/2024 | 08:47 AM | Edited by: Newsbudy |
According to a Microsoft-LinkedIn survey, AI abilities are crucial for improving job prospects and advancing Gen Z jobs.
Around the world, there is a mixture of excitement and fear surrounding the development of artificial intelligence (AI). Though the wonder of AI is frequently its revolutionary power, the fear is that AI may eventually replace human labour in the workplace. Even while it appears far off, people using AI against one another in the labour market poses a more imminent threat than AI taking over the workforce in its entirety.
According to recent reports from LinkedIn and Microsoft, those without AI capabilities run the danger of losing out on professional prospects to those who do.
His study, which included over 30,000 people in 31 countries, found a striking trend: almost 70% of CEOs now give AI expertise more weight than experience when making recruiting decisions. In essence, they give preference to applicants who have experience with AI over seasoned professionals who do not.
Aneesh Raman, vice president of LinkedIn and workforce expert, said in an interview with CNBC Make It that “learning basic AI skills — such as prompt engineering, machine learning, or data literacy — is the best insurance to shortcut your competitiveness against people who might have more experience.”
Younger candidates with AI understanding are expected to enjoy a competitive advantage over their more experienced counterparts, potentially speeding their climb within organisations, as hiring managers place an increased focus on AI skills. When it comes to using these AI technologies at work, Gen Z—the digital native generation—is more likely than millennials, Gen X, and Baby Boomers to do so.
Additionally, research from Microsoft and LinkedIn indicates that 77% of leaders are likely to give early-career professionals with AI expertise more significant responsibilities. According to Lydia Logan, IBM’s Vice President of Global Education and Workforce Development, entry-level job requirements will significantly change as a result of the workplace’s quick adoption of AI.
Raman also emphasised how AI can advance the careers of young professionals by giving them quick access to data-driven insights such as market analysis and tailored career coaching, which would boost their self-assurance and competence in their current employment.
The general manager of Microsoft Copilot and co-founder of Microsoft WorkLab, Colette Stallbaumer, is adamant that the excitement surrounding artificial intelligence has not yet peaked. “In fact, it is only just starting to gain momentum,” she stated.
According to a Microsoft and LinkedIn survey, over the last six months, the use of generative AI technologies in the workplace has increased. Beyond programmers and engineers, professionals in the fields of design, project management, and administration are also following this trend and are becoming more and more interested in developing their AI skills.
A few of the biggest major companies, like Google and Amazon, are also investing in providing AI training for its employees, but these companies are still more the exception than the rule. Microsoft and LinkedIn conducted a study, and just 25% of the companies said they would offer training on generative AI tools like Microsoft Copilot and ChatGPT.