An explosion in the growth of emerging technologies such as AI and machine learning is transforming the balance of skills required by modern analysts, research from business intelligence firm AMPLYFI has found. Using its own proprietary AI-powered DataVoyant platform, AMPLYFI has analysed more than 50,000 documents, held across the surface and deep web, to identify the most common skills and requirements associated with the job role'analyst' between 2009 and 2019. Research from SnapLogic finds inadequate access to AI skills, technology and data is holding AI initiatives back. An analyst's role has become elevated over time, delivering a much more integral business impact. The research found a marked rise in a need for business skills (up 76% in the last five years versus 2009-2014), problem-solving (112%), and verbal communications skills (19%).

The Bank of England has weighed into a debate on the looming impact of AI on our lives, most pertinently the jobs market, by calling for a skills revolution to prevent sections of society from becoming'technologically unemployed'. The bank's chief economist, Andy Haldane, issued his call to action with a prediction that the coming Fourth Industrial Revolution will be of a'much greater scale' than the industrial revolution Britain underwent in the late 18th and early 19th centuries. Haldane fears that a failure to adapt to these changes in good time could augur a period of rising inequality, social tension and a'hollowing out' of employment, and argues for new training to be put into place now to prevent such an eventuality from coming to pass. Speaking to the BBC's Today programme, Haldane said: "This is the dark side of technological revolutions and that dark-side has always been there. "That hollowing out is going to be potentially on a much greater scale in the future, when we have machines both thinking and doing - replacing both the cognitive and the technical skills of humans." Haldane isn't entirely pessimistic, however, believing that a new class of jobs could emerge to compensate for those lost. He concedes that any attempt to quantify this counter shift is currently lost in the realms of speculation. He added: "What we can I think say with some confidence, however, is that given that the scale of job loss displacement it is likely to be at least as large as that of the first three industrial revolutions.

ManpowerGroup, one of the world's largest jobs companies, released a report detailing how the technological revolution is going to change the employment market forever. The company released the report, entitled "The Skills Revolution," on conjunction with the World Economic Forum's meeting of the most powerful political and business leaders across the globe in Davos, Switzerland. It surveyed more than 18,000 employers across 43 countries and six industry sectors. While technological developments will cause greater automation, a decrease in headcount or slow growth in hiring in some areas, it will actually create a lot of jobs too, according to Manpower. But the key to this is to make sure the world's workforce "upskills" to be qualified enough to take on new positions.