Photo by Jason Goodman on Unsplash
Rapid changes in the tech space — of which generative artificial intelligence platforms are the most recent examples — continue to change the nature of jobs and the skills needed to perform them.
A February report published by Coursera and the Burning Glass Institute noted that these advancements make some skills obsolete, putting pressure on employers to determine what areas training programs should invest in. The same report noted that risk management and project management were seen as relatively safe investments given that these skills can pay off throughout a workers’ entire career.
Yet creative skills also have been shown to attract higher wages, according to research published in 2019 by the Massachusetts Institute of Technology and IBM Watson AI Lab, especially as tasks that are more suitable for machine learning become automated.
The focus on skills has not always translated to hiring, however, even as employers increasingly demand specific skill sets. A 2022 Deloitte report found that many employers still struggle with transitioning away from hiring models that prioritize candidates with certain degrees rather than those with needed skills.
Read the full report here