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Stock impact report

The Case For Upskilling In The AI Age [Forbes]

AvePoint, Inc. - Class A (AVPT) 
Company Research Source: Forbes
According to McKinsey researchers , one in 16 workers globally may need to switch careers by 2030 as automation and technology disrupt the labor market. At the same time, nearly nine out of 10 executives say they are facing urgent skills shortages in their workforces. Facing both displaced workers and unmet skill needs, many employers are looking inward rather than outward and essentially “quiet hiring” from within. Here is how leaders can take advantage of AI to meet talent needs and elevate their workforces. AI is changing every job—for the better. According to September 2023 Gallup data, 22% of individuals are worried their jobs will become obsolete because of technology. And according to the World Economic Forum , "some 23% of jobs are expected to change by 2027." The fact is that AI usage has opened a host of new challenges in data and information management that require skilled workers. Similarly, AI has the potential to turn future entry-level work into first-level manage Show less Read more
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