One of the most common misconceptions about artificial intelligence is that it will render countless jobs obsolete. But the reality is that as countless industries continue to integrate AI, individuals who possess in-demand skills are commanding a big premium in the job market. With U.S. labor productivity stalling, AI may be the boost we need to jumpstart economic growth. AI technologies such as computer vision, natural language, process automation and advanced machine learning have the potential to add $13 trillion to global economic activity by 2030.
In this article by Omega Venture Partners, published by Forbes, we look to the history of technology innovation to support our thesis that the infusion of AI across every sector of the economy is poised to expand economic opportunities for those with future-compatible skills and capabilities. AI will create a need for specific skills both in the new jobs it creates and the existing jobs it augments. As companies adopt more AI technologies, they’ll require employees to develop skills like the ability to train, implement, interpret and manage AI systems.
AI has the power to augment human intelligence in a way that increases productivity, innovation and economic growth. However, in order to make the most of what AI has to offer, every level of a business needs to work together. Senior executives need to train their teams on how to manage AI systems and use them within their existing job. They also need to focus on hiring workers with high-impact AI skills to oversee the integration of AI into their business.
Read our full article on Forbes.com here.