AI redefines the labor market

The artificial intelligence is redefining the labor marketgiven that forces companies to implement this technology as quickly as possible to remain competitive and opens new opportunities for employees who use it free up their workloads or even to change careers.

He Annual Labor Trends Index 2024produced by Microsoft y LinkedInfound that artificial intelligence is already being integrated into the workplace and on an unexpected scale.

WE RECOMMEND YOU: Employment related to AI skyrockets 95% in Mexico, Conference held by IPN and UNIR

According to the survey carried out on more than 31 thousand people in 31 countries75% of employees use this technology to work and 46% started using it less than six months ago.

Overwhelmed and under-pressure employees say AI saves time, boosts creativity, and allows them to focus on their most important work,” explained Microsoft corporate vice president of workplace AI Jared Spataro.

Given this, 78% of those surveyed revealed that they are carrying their own tools. artificial intelligence to work, a situation that is even more common in small and medium-sized businesses.

However, since there is still certain concern that employees will be replaced for this technology52% of people are reluctant to admit that they use artificial intelligence for their most important tasks.

Spataro highlighted that this technology also is impacting the labor market because there are people who are considering a career change, while companies will first choose candidates who have artificial intelligence.

This is reflected in that 46% of respondents are considering leaving their position in the next yearan all-time high since the Great Shakeup of 2021.

Added to that, two-thirds of leaders would not hire someone without skills in artificial intelligencebut only 39% of employees have received training on this technology in the company.

The latter has caused workers to train on their ownreflected in a 142x increase in the number of LinkedIn members adding skills like Copilot y ChatGPT to their profiles, as well as a 160% increase in non-technical professionals who use training courses. LinkedIn Learning to develop their skills in artificial intelligence.

RETURN ON INVESTMENT, THE CHALLENGE

The study found that while most leaders agree that artificial intelligence is a necessitythe pressure to show an immediate return on investment is making them move slowly in their implementation.

In particular, 59% of business owners are concerned about quantifying the productivity gains of this technology.

Spataro considered that employers should channel employees’ enthusiasm for artificial intelligence to drive business transformation.

To achieve this, they must first identify a business problem and then apply this technology, as well as make all levels of the organization commit to this change and prioritize continuous employee training.

The latter is key to keeping employees, especially since 55% of employers are concerned about having enough talent to fill vacant positions this year, with leaders in cybersecurity, engineering and creative design feeling the pressure the most.

SCOPES OF ARTIFICIAL INTELLIGENCE

The technology company launched new functions for Copilot in Microsoft 365:

• Rewrite: Turn a basic message (promt) into a rich one with the click of a button, thus turning everyone into a promt engineer
• Catch Up – is a new chat interface that displays personal information based on recent activity, providing recommendations such as “You have a meeting with the VP of Sales on Thursday. Let’s get ready – click here for detailed notes.”

CHECK THE BREAKING NEWS HERE

*sort of