X Prize founder Peter Diamandis: A.I. will be most important tool to keep a job after coronavirus

While many people think of automation as the biggest threat to human labor, X Prize founder and executive chairman Peter Diamandis says that artificial intelligence will be more crucial than people realize to reskill workers on the other side of the Covid-19 crisis. Reskilling was already important for workers to keep pace with advances in technology, and the pandemic has heightened the need to upskill the labor force. "Covid-19 hits, and there's another asteroid impact, it hits the playing field so much, any companies that are teetering on being a decent market product fall apart, people start losing their jobs in old school industries, and so rapid reskilling is really about addressing both the exponential tech impact on our job market and also on Covid-19. We need a means by which all of us are able to continue to upskill what we do," said Diamandis, speaking at a recent CNBC @Work livestream. The speed of reskilling will pick up as well, according to the futurist, who launched a competition called "Rapid Reskilling," which has offered a $5 million to teams which create solutions to quickly reskill under-resourced workers.