AI Isn't Replacing Workers; It's Picking up the Slack. Here's How.

A recent study from the Federal Reserve Bank of San Francisco showed that the U.S. labor market is "at or beyond its full potential." While that might be good news for the economy, it's not for the tech companies still out there, searching desperately for qualified talent. Research firm Korn Ferry predicted that companies in technology, media and telecom will face a talent shortage of 1.1 million by 2020. By 2030, that number will grow to 4.3 million, the report said; and the result will be intense competition for a dwindling pool of tech professionals. The same survey showed that insufficient staff is already holding back digital transformation at 54 percent of companies surveyed.