IBM and Intel have pledged to skill millions of people in AI by 2030, but the demand for AI roles is reportedly decreasing. The consortium commits to developing worker pathways in job sectors that will increasingly integrate AI technology, with the aim of producing real, tangible recommendations to address business and worker needs. However, critics argue that these recommendations need to be accompanied by concrete actions.
Key takeaways:
- AI is increasingly leading to job losses, with companies like UPS and IBM attributing layoffs and hiring pauses to automation and AI technologies.
- A recent survey from McKinsey found that 25% of business professionals expect their employer to lay off staff as a result of AI adoption.
- The AI-Enabled ICT Workforce Consortium (ITC), led by Cisco with support from Google, Microsoft, IBM, Intel, SAP and Accenture, aims to explore AI’s impact on jobs and provide AI-related training programs.
- Despite these efforts, the demand for AI roles is decreasing according to a recent analysis by Lightcast, a labor market analytics firm, indicating that reskilling and upskilling may not be enough to offset job losses due to AI.