AI Adoption Spurs Efforts to Reskill the Workforce

As AI adoption brings out changes in the workplace, workers are challenged to obtain needed AI skills and business leaders are working to adapt. And as the COVID-19 pandemic has led to a shift to online learning, companies such as Udacity--who have been in that business for years--are in a good position to help. Business leaders may be caught between competing objectives of continuing to deliver strong financial performance while making investments in hiring, workforce training and new technologies that support growth, suggested the author of a recent piece in Harvard Business Review. A team at the MIT-IBM Watson AI Lab has been studying how work is being changed by AI. "By examining these findings, we can create a roadmap for leaders intent on adapting their workforce and reallocating capital, while also delivering profitability," stated author Martin Fleming, a VP and Chief Economist at IBM. He made three suggestions for reskilling the workforce to better prepare for AI.