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AI will create more jobs than it replaces, business leaders say

Artificial intelligence will create more jobs than it replaces, most business leaders predict.

They believe, however, that—if they are to remain competitive—they will have to retrain their employees to take on new skills over the next few years to handle the huge changes they see coming. The innovations demanded by AI will amount to no less than a transformation of their workforces, they believe.

Indeed, most say they are already starting to work toward this goal.

These opinions were expressed in a poll of a thousand business leaders in the United States and Britain who were surveyed by Multiverse, which offers apprenticeships to young adults.

Anticipate huge opportunities

“Artificial intelligence is transforming businesses around the world and it is clear from our research that business leaders anticipate huge opportunities while also recognizing the risks,” says Gary Eimerman, Chief Learning Office at Multiverse.

“Both their bottom lines and the longevity of their staff’s careers will be negatively impacted if businesses do not prioritize closing the AI skills gaps in a timely manner. If leaders lean into the massive upside that investing in talent now provides, they will reap the outsized benefits of an AI-empowered workforce for years to come.”

Training for new roles

The survey revealed that three-fourths of business leaders say they ae likely:

• To train their employees in new roles;

• To invest in equipping their existing employees to take on new skills;

• To invest in data analytics skills programs;

• To increase their training and development budgets to prepare for 2030; and

• Endorse the idea of combining learning with on-the-job experience.

“The skills gaps business leaders expect to face in 2030 highlight the importance of training that keeps pace with technology," said Ujjwal Singh, CPTO of Multiverse. "Our apprentices are incredibly nimble and offerings through Multiverse, such as the AI Jumpstart module, will only make them more valuable as they continue their careers.”

Books on what artificial intelligence means to you

Age of Invisible Machines is the first best-selling book about conversational AI and the current AI revolution—having predicted the moment we're in with the ChatGPT revolution.
The book is a practical guide to conversational artificial intelligence and essential reading for anyone interested in the future of business, technology, and UX. Author Robb Wilson shares the core philosophies and best practices that made the highest scoring company in Gartner's 2022 Critical Capabilities for Enterprise Conversational AI Platforms report. The CEO and co-founder of joins co-author Josh Tyson, sharing insights drawn from over 20 years of experience in conversational AI. Together they gleaned wisdom from millions of research hours and the thousands of bots built on the platform, which processed more than 1.5 billion enterprise conversational AI experiences in 2021 alone.
Age of Invisible Machines cuts through the noise and hops over armchair experts, providing a roadmap for building the strategy, team, tools, architecture, and ecosystem required for hyperautomation. Organizations that are equipped to leverage conversational AI will be able to create their own automations—in essence writing their own software—using code free development tools.

We are approaching a critical threshold in the history of our species. Everything is about to change.
Soon you will live surrounded by AIs. They will organize your life, operate your business, and run core government services. You will live in a world of DNA printers and quantum computers, engineered pathogens and autonomous weapons, robot assistants and abundant energy.
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As co-founder of the pioneering AI company DeepMind, part of Google, Mustafa Suleyman has been at the center of this revolution. The coming decade, he argues, will be defined by this wave of powerful, fast-proliferating new technologies.
In The Coming Wave, Suleyman shows how these forces will create immense prosperity but also threaten the nation-state, the foundation of global order. As our fragile governments sleepwalk into disaster, we face an existential dilemma: unprecedented harms on one side, the threat of overbearing surveillance on the other.
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This groundbreaking book from the ultimate AI insider establishes “the containment problem”—the task of maintaining control over powerful technologies—as the essential challenge of our age.

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