Approximately 87% of workers appreciate the ongoing AI revolution in their respective industries. However, the majority of employers are still hesitant to embrace this technology on a large scale.
Generative artificial intelligence, analysis tools, and more – the AI revolution is gaining traction in the job market. Workers have witnessed improved productivity since the introduction of these operational methods. However, employers remain skeptical about the role of AI in the professional sphere, as it has the potential to disrupt established practices that have been in place for centuries.
- Transforming the Job Market
- Rising Vulnerability of Data in the Face of the AI Revolution
- Challenges in Recruitment: A Barrier to the AI Revolution
- Transforming the Job Market
In recent years, tech giants have spearheaded the AI revolution, with Silicon Valley companies emerging as industry leaders in this domain. This is hardly surprising, given that these multinational corporations primarily rely on digital technology.
But what about other companies? Not all employers are prepared for this shift. Embracing AI on a large scale requires substantial organizational restructuring. Some job functions will be automated and managed by specialized experts, potentially leading to a reduction in the number of human employees—a challenging situation for some companies.
Jobs: Will Artificial Intelligence Replace Us?
However, there are solutions to mitigate this challenge. Employees can be reassigned to different departments with new roles.
Moreover, employees need training in using artificial intelligence, which can entail significant costs, especially for complex AI systems. Industries are particularly affected by this transition.
Even when a company decides to embrace AI, the revolution will be gradual, with noticeable results emerging only after a few years.
Rising Vulnerability of Data in the Face of the AI Revolution
This situation poses a significant concern for employers. To effectively utilize artificial intelligence, a company must organize and secure its internal data. Without experts in cybersecurity and big data, information becomes vulnerable to cyberattacks. Hackers can exploit this data or sell it on the dark web, resorting to blackmail to extract money from the affected company.
Protecting data requires substantial financial investments, which larger companies can typically manage, but SMEs and startups may lack this privilege.
Challenges in Recruitment: A Barrier to the AI Revolution
Artificial intelligence is a complex tool with multiple branches and algorithms. While there are several specialists currently active in this field, the supply cannot meet the growing demand. Many of the most experienced professionals in this domain are already employed by prestigious firms and command high salaries due to their expertise.
In fact, 43% of companies believe that recruitment difficulties and the shortage of skilled professionals are key obstacles to the AI revolution.
As a result, we must await the emergence of young talents who are currently undergoing training. In a few years, every company may have AI specialists among their ranks.