Impact of AI and automation across industries

Imagine a large corporation using artificial intelligence to streamline operations and revise job roles — that’s the reality companies face today as they integrate automation and artificial intelligence (AI).?

In our new newsletter, we share key insights from recent webinars on the impact of AI on the chemical and pharmaceutical industries, as well as the results of our extensive research into how AI and automation are changing workplace dynamics across sectors. Our April research covers the following topics:?

• Hydrogen’s place in the labor market?
• Hydrogen’s impact on new skills and job positions?
• The situation with specialists in the gaming industry?
• Digital maturity among organizations?
• Corporate learning strategies in a technology-oriented economy?

Read more about these topics below.

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Understanding the potential of automation

Would you like to assess the potential of automation in your organization, understand the new skills needed, define new roles, and gauge the impact of technology on your workforce — all in a few clicks??

HRForecast allows organizations and their leaders to be proactive, using the world’s largest database of job-related data to automate workforce planning?and understand labor market trends. With over 10 billion global data points (including job postings, scientific publications, patents, and product information) and monthly updates on approximately 4,500 jobs and their associated tasks, our platform enables your organization to anticipate and plan for skills development and workforce restructuring in response to technological advancements.?

Gain a strategic advantage, prepare your workforce for the future, and stay competitive.

Webinar: AI-powered analysis to identify trends in the chemical and pharmaceutical industry?

In April 2024, Bundesarbeitgeberverband Chemie (BAVC) and HRForecast conducted a webinar on AI-powered trend analysis of the top occupations and chemical and pharmaceutical industry skills. The Future Skills Report 2.0 results are intended to support companies in strategically oriented workforce planning.?

During the webinar, we discussed what skills and professions will be in demand in the future. Andreas Ogrinz and Christian Vetter ???? presented a talk on the “Qualification Offensive in Chemistry” and answered questions: https://www.bavc.de/aktuelles/2328-future-skills-report-chemie-2-0-welche-skills-braucht-die-transformation

Navigating the impact of AI: Empowering tomorrow’s workforce?

On 24 April 2024, BDO South Africa and HRForecast hosted another exciting webinar about artificial intelligence and its future impact on the workforce. This online event brought together industry experts Barry Vorster , Florian Fleischmann , and Angus Turpin .?

The discussion focused on integrating artificial intelligence into business processes, evolving work roles, and the importance of developing skills in a technological environment. Attendees gained valuable insights into using artificial intelligence to attain operational efficiency and competitive advantage, creating a framework for proactively adapting to a rapidly changing business environment.

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April blog posts roundup?

Artificial intelligence and automation are entering more businesses and changing the dynamics of jobs across industries, from horticulture to engineering. Our research in April connects the dots between technological advances, strategic industry shifts, and the changing needs of the global labor market.

The impact of AI and automation on job dynamics

Discover the future of jobs with HRForecast’s comprehensive analysis using over 10 billion data points. From gardeners to test engineers, automation isn’t just a buzzword; it’s the blueprint for future efficiency. Understand the impact of AI tools like ChatGPT, MS Copilot, and Nvidia Groot on job availability, productivity, and cost-effectiveness for 4,500 roles. Read our findings on the potential of automating various work functions and how advanced technologies such as artificial intelligence, industrial automation, and process automation are revolutionizing the workplace.?

How the gaming industry can equip itself for a future with AI

The gaming sector is experiencing significant turbulence, with over 18,000 job losses in major markets since 2023. This reflects profound changes, from economic shifts to strategic restructurings.?

Microsoft’s bid to acquire Activision Blizzard and massive layoffs across giants like Embracer Group and Unity highlight a trend: the industry is re-evaluating and recalibrating.?

From leveraging AI to refining workforce strategies, there are solutions; find them in our recent research.

The promising role of hydrogen in the chemical and pharmaceutical industries?

The hydrogen sector’s workforce is expected to expand rapidly in 2024, with significant developments like establishing hydrogen hubs, including MACH2, which promises to create many jobs throughout the US. In our insightful blog post, we dive into how these efforts may shape a cleaner, more sustainable future.?

The impact of hydrogen on various industries around the world?

Hydrogen is emerging as a transformative force in key sectors such as oil, energy, transport, and construction. See why hydrogen is pivotal in decarbonizing industries where emission reduction is notoriously challenging, such as oil refining and steel production. In particular, we underscore hydrogen’s potential in the transport sector, with advancements in hydrogen fuel cell vehicles and its significant advantages for shipping and aviation. Learn how hydrogen sets the stage for a more sustainable and efficient future across multiple sectors.?

Bridging the skills gap by leveraging digital maturity for organizational success?

?Lack of essential skills can be costly for companies, with entry-level employee onboarding and hiring errors costing approximately $4,425 on average. We dive into the importance of digital maturity in organizations, explaining how it can fundamentally change how they operate and compete in the digital age. This article is a treasure trove of insights on everything from understanding the digital landscape to effectively filling vacancies, enhancing HR strategies, and increasing operational resilience with advanced digital skills. Click here to read more and become a digital maturity leader.?

How corporate learning is shaping the future of work?

Education bends the arc of history towards progress — a concept that resonates with our last blog post. Here, we examine the significant role of corporate contributions to education in reshaping economic sectors and upskilling the workforce. We focus on transformational changes in vocational training worldwide, with examples from the automotive industry and reforms in France promoting lifelong learning. Dive into our exploration of the complex relationships between educational reforms and their profound impact on the workforce and overall economic health.

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?? Thank you for joining us on this journey of knowledge and innovation. We hope these insights empower you to create a thriving work environment and drive your organization’s success. Stay tuned for more exciting updates from HRForecast!