“I’ve been operationalizing AI for over 35 years and I’m concerned.”
FORTUNE
The scarcity of AI skilled workers does not factor the rapid advancements in the technology in relation to the time it takes to train an individual in that technology. While it can vary significantly, depending on the complexity of the AI model, training one person can take many months. Workers don’t just have to learn new AI concepts and models, they must “learn how to learn” in a world where AI innovations are coming fast and furious. For companies, this is another significant financial investment in education and training — a totally wasteful one because there is no predictable ROI.
Then there’s the perception that AI will displace humans in the workforce because it is faster, cheaper, and more efficient and effective. Companies that even consider such a mindset are headed towards oblivion. In fact, to companies that are striving to do more with less manpower by using AI assistants to develop code, I say good luck. You still need skilled software engineers and always will. Yet, a recent report shows that there has been an alarming 34% drop in the demand for software engineers since a 2021 peak.
Read more | FORTUNE