The future of work will be significantly impacted by AI, with 40% of jobs globally and 60% in advanced economies expected to be affected. Despite this, AI is predicted to lead to net positive job creation, with new roles in AI, data analysis, and information security. The composition of the workforce will change, with a need for continuous learning and upskilling. To unlock AI's full potential, executives must co-lead and co-deliver AI and digital initiatives, reimagine their workforce, and invest in digital talent.
Key takeaways:
- AI is expected to create immense business value, with global GDP projected to be 14% higher in 2030 due to AI, equivalent to $15.7 trillion of new value.
- Despite the potential benefits, the risk of AI failure remains high, with a shortage of talent and skills being a significant challenge.
- The future of work will be significantly impacted by AI, with 40% of jobs around the world expected to be affected and a predicted increase in demand for roles such as data analysts, scientists, and information security analysts.
- To fully leverage AI's potential, executives must play a pivotal role, co-leading and co-delivering AI and digital initiatives, reimagining the workforce, and investing in digital talent.