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👩‍💻 Talent Development in the Age of AI: Skills That Matter

Mukundan Sivaraj

Jun 12, 2024

Over the past eight years, the average LinkedIn member has seen a 25% shift in the skills needed for their job. With AI's influence, this is expected to increase to at least 65% by 2030.

For leaders, this means prioritizing and accelerating workforce learning. Companies need to embrace training to hire and training to promote approach through onboardings, apprenticeship, and upskilling. This helps guide employees into new functions and potentially new careers.

Businesses must hire AI engineers who can spearhead initiatives and ensure that their organizations remain competitive. AI engineers play a pivotal role in integrating AI technologies and developing training programs that keep pace with technological advancements. By hiring AI engineers, companies can create robust frameworks for continuous learning and development, ensuring their workforce is well-equipped to handle future challenges.

New talent preferred:
Executives attempting to fill their AI skills gap show a strong inclination to hire new talent rather than retrain their existing workforce. Leaders are 3.1 times more likely to prefer bringing in new AI-ready talent over retaining and retraining current employees.

According to Deloitte, this trend is consistent across all surveyed countries, with Canada favoring replacing over retraining by 6.2 times and Germany by 1.7 times, partly due to stringent labor laws in Germany.

Training Existing Workforce:

Despite the preference for new talent, many companies recognize the value of investing in training their current employees. They are actively training developers to enhance their ability to create AI solutions that meet organizational needs. IT staff are being equipped with the necessary skills to effectively deploy AI solutions across various platforms and systems. Employees across different departments are receiving training on how to utilize AI tools and technologies in their daily tasks, aiming to improve efficiency and innovation within the organization.