In today's rapidly evolving tech landscape, the "Fear of Becoming Obsolete" (FOBO) is a growing concern among professionals. A recent article by Business Insider highlights how advancements in AI and technology are reshaping industries, emphasizing the critical need for continuous upskilling. At York Solutions, we recognize these challenges and are committed to empowering our clients and consultants to stay ahead. By investing in our people, we not only mitigate "FOBO" but also drive innovation and success for our partners. Visit our website or contact us to learn more. https://yorksolutions.net/ #Technology #AI #Innovation #Article #InformationTechnology
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In today’s rapidly evolving landscape, the fusion of artificial intelligence (AI), play, and learning is reshaping workforce development and content creation. As AI continues to permeate various sectors, there’s a growing “fear of becoming obsolete” (FOBO) among workers. To address this, companies are investing in AI literacy programs, ensuring employees are equipped to work alongside AI systems effectively. This proactive approach not only alleviates FOBO but also empowers the workforce to harness AI’s full potential. Looking ahead, the convergence of AI, play, and learning will continue to transform workforce development. By embracing these innovations, organizations can foster a more agile, skilled, and resilient workforce ready to thrive in the AI-driven future. https://lnkd.in/gs3tDC_D
FOBO, or fear of becoming obsolete, is the new business buzzword. Here's what you need to know.
businessinsider.com
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According to the World Economic Forum’s latest Future of Jobs Report, 41% of global companies are considering reducing their workforce by 2030, opting instead for AI-powered solutions. The report highlights how advancements in AI are enabling companies to automate tasks that previously required human intervention. While this promises efficiency gains, it also raises concerns about the future of work and the human jobs at risk of becoming obsolete.
41% companies may replace employees with AI by 2030: Report
peoplematters.in
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How Employee Trust is Driving AI Success at Top Companies As AI continues to reshape the business landscape, the 2024 Fortune 100 Best Companies to Work For? are showcasing the undeniable value of employee trust. Companies like Hilton, which tops this year’s list, are excelling in agility, innovation, and extra effort—key areas crucial for thriving in an AI-driven world. The link between high-trust environments and successful AI integration is evident. At these leading companies, 86% of employees are willing to give extra effort, and 84% report significant opportunities for innovation, compared to much lower figures in typical workplaces. This high level of engagement is pivotal as businesses navigate the complexities of AI and seek to leverage its full potential. What sets these companies apart? A solid foundation of trust that has been built over years. This trust enables them to rapidly adapt and innovate, positioning them at the forefront of technological advancement. The cumulative returns of these 100 Best companies have outperformed major indexes, demonstrating that trust not only boosts morale but also drives substantial financial gains. In an era where AI is transforming every aspect of work, the role of trust has never been more critical. Companies that cultivate a trusting environment are best equipped to harness the power of AI, ensuring that technology enhances rather than disrupts their operations. Great Place To Work can help determine the level of trust in your organisation - https://lnkd.in/gByh5TQ6 #AI #EmployeeTrust #Innovation #GreatPlaceToWork #BusinessSuccess #gptw4all https://lnkd.in/gjrf_4GW
As AI Accelerates, 100 Best Companies Prove the Rising Value of Employee Trust
greatplacetowork.com
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"Is AI the future of the workforce?" WWT's CEO offers an optimistic outlook on how AI will reshape jobs and boost productivity As a newer employee for WWT, the mindset of "embracing change" is second to none, whether it is in the AI space, or working to streamline certain OM processes in my own department. Discover how World Wide Technology is pioneering advancements in AI and transforming the modern workplace. #WorldWideTechnology #WWT #AI
Tech CEO says bosses shouldn't 'BS' employees about the impact AI will have on jobs
wwt.com
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What if #AI could enhance, not replace, your workforce? The future of work isn’t about AI replacing humans—it’s about AI augmenting human potential. By taking over repetitive and mundane tasks, AI frees employees to focus on creativity, problem-solving, and strategic initiatives. This evolving synergy is driving innovation and redefining business operations. While it sounds promising, unlocking human-AI collaboration's full potential demands thoughtful solutions to several key challenges. Employees need to reskill and adapt to new ways of working alongside AI. The fear of job displacement can create resistance, and organizations must foster a culture that embraces AI collaboration. Without proper integration and upskilling, businesses may struggle to align their workforce with evolving AI capabilities, limiting growth opportunities. ExperienceFlow.ai’s #EnterpriseAI solution addresses these challenges by seamlessly integrating AI into workflows and automating routine tasks. Our solution delivers actionable insights and ensures AI augments, not replaces, human talent. This allows employees focus on high-value tasks, thereby increasing productivity and job satisfaction. The solution does not require prior AI expertise, enabling ease of adoption and operation across all levels of the workforce. #ExperienceFlow enables businesses to foster innovation, improve decision-making, and unlock the full potential of human-AI collaboration for a future-ready workforce. Click here to know more! https://lnkd.in/d4W6hTBt Giri Srinivas ATG Atul Bhatnagar A Anand R. Arjun I. Gokul Solai, MD Rama Mohan Venkata Kadayinti #KPIs #AIAgents #AIforBusiness #EnterpriseDigitalNervousSystem #AutonomousEnterprise
The Synergy Of Humans And AI Is Reshaping The Workforce For The Future
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The growth of #AI adoption is outpacing the supply of skilled professionals as 81% of IT pros say they can use AI in their current roles, while only 12% have the skills. To address this talent gap, companies must collaborate with service providers, tech companies, and AI startups to access top talent and critical AI capabilities. In my latest piece for @AI Business, I shared the benefits of ecosystem business models to help businesses bridge this AI-skills gap and drive growth, transformation, and innovation: https://lnkd.in/gk5z6EZi
The AI-Powered Skills Gap
aibusiness.com
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As AI continues to advance, it's crucial for employers to invest in their staff's skills. Continuous learning is key to maintaining a positive work culture and empowering your team. #continuouslearning #AI #employers #staffskills #positiveculture
Employers must invest in staff skills to keep pace with AI, says Dell boss?
irishexaminer.com
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How will AI impact you and your workforce? ? Former UK PM Tony Blair has become something of an evangelist for AI, using his Institute for Global Change to explore the potential benefits to mankind. Its latest report looks at AI's likely impact on the labour market and takes an optimistic view, saying full and effective adoption by UK firms could save almost a quarter of private-sector workforce time – equivalent to the annual output of 6 million job losses . The report drills down into where and how those time savings might be most significant, concluding that AI-enabled software is likely to produce much greater ROI than expensive robotics or other high cost equipment in most cases. These are the sort of judgements we support organisations to make while planning their own adoption roadmaps. ? The report also says that, while AI will replace many jobs and displace many workers, particularly those in routine administrative and data-led roles, it will create lots of new ones by boosting productivity and speeding up development of new products. I tend to agree -and believe the key phrase used here is full and effective adoption. It's how we prepare ourselves, as professionals, and our organisations to understand and seize the opportunities of AI , safely and ethically, that will single out those who thrive and those who will fight to survive. It's also how we retrain our valued employees or support those who will be made obsolete by technology to find alternative roles. The report is worth a read but if you want a more nuanced understanding and clear, actionable steps to ensure you and your organisation stay ahead of the curve, we have insights specifically relevant for executives on our website,?The Rialto Consultancy We are working with C-suite leadership globally to help create personalised pathways to effective AI adoption aligned with capabilities, budgets and strategic objectives. If you would like to know how we can help you and your organisation?or support you to manage the impact on your workforce who may face job loss by guaranteeing to partner with each person individually until they secure a new role , do contact me here on LinkedIn or email?[email protected] ? https://bit.ly/3YDCcFu? ?
The Impact of AI on the Labour Market
institute.global
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Topic: AI Impact As an Executive Leader, I believe in transparency above all else. The truth, even when difficult, must be shared to allow our employees the time and space to process. When it comes to AI, my perspective is optimistic. AI has the potential to enhance productivity for individuals, although it will lead to the elimination of certain jobs. The extent of this impact remains uncertain. To navigate this landscape effectively, it is crucial for us all to educate ourselves on AI, understand its applications, and enhance our skill sets accordingly. What do you think? #ExecutiveLeadership #Transparency #AI #Upskilling #Productivity
Billionaire tech CEO says bosses shouldn't 'BS' employees about the impact AI will have on jobs
cnbc.com
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AI agents are revolutionising sectors like healthcare, finance, customer service, human resources, marketing and many others. These changes have been happening for a while now and it is only going to accelerate. Whilst changes in these spaces are happening and will happen leveraging on AI, AI can be used to help with “governing both countries and organizations”. It will. Fayaz Hudah #AI #artificialintelligence #governance #transparency #accountability #development https://lnkd.in/gwZwn5Vh
Purge of human jobs: How to profit from AI disruption | Daily FT
ft.lk
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