No AI, No Job: 66% of Business Leaders Won’t Hire Without AI Skills

  • Editor
  • July 2, 2024
    Updated
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“No AI, No Job! Did you know 66% of Business Leaders Won’t Hire Without AI Skills”?

This fact is a wake-up call for anyone looking to stay relevant in their career. Many people are finding it challenging to keep pace with the demand for AI skills. According to the Data, 66% of business leaders are now reluctant to hire candidates who lack AI skills. This statistic highlights the growing importance of AI proficiency in the job market.

If you want to know more about this issue and understand how it might affect your career, keep reading the blog to explore the implications of AI on job markets.


What Are AI Skills?

When we talk about AI skills, we mean the abilities needed to work with artificial intelligence technologies. These skills are important for anyone looking to get into AI jobs. You can find AI skills in many sectors, like AI skills for resumes and the Microsoft AI Skills Challenge.

To be an expert in AI skills, you must know how to work with training data. This involves collecting, cleaning, and managing data that AI systems use to learn and make decisions.

It’s important to note that 66% of business leaders won’t hire without AI skills, highlighting the demand for these competencies in the job market. According to the survey by Deloitte, AI executives are not prepared for the AI era, which means AI has not reached the executive level yet.


Growth Of AI Skills – Statistical Overview

Microsoft and LinkedIn surveyed 31,000 people from 31 countries for their annual Work Trend Index. This report gives a detailed view of how AI is affecting jobs. My opinion is that if you want to make your professional career stable, then you should learn AI skills that will help you find AI jobs easily.

The fast growth of Generative AI has greatly increased the need for technical AI skills. Due to the rapid growth of artificial intelligence, the hiring process for AI jobs has gone up by 323%.

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The above infographic highlights a shift in hiring and responsibility trends influenced by AI. It illustrates that 77% of leaders believe AI will lead to greater responsibilities for early-career individuals, 66% would not hire someone lacking AI skills, and 71% prefer hiring a less experienced candidate with AI skills over a more experienced one without these skills.

This reflects the growing importance of AI literacy in the modern workforce.

As AI skills become a non-negotiable asset for candidates, understanding how AI is influencing the recruitment process is crucial. Gain insights into how AI recruiters might conduct your next interview in our article, “Get Ready: Your next job interview could be conducted by an AI recruiter“, reflecting the evolving expectations in the job market.


No AI skills? No Job

The modern job market is undergoing a significant transformation, with generative AI skills becoming essential for securing employment. The growing demand for AI skills underscores the importance of learning AI skills to remain competitive in today’s workforce.

The world also shifts from manual skills to AI-advanced skills. For example, Google plans to skyrocket Europe’s AI skills, emphasizing the global shift towards AI proficiency.

 Some people agree that AI skills are needed in every job sector; 

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Why AI Skills Will Set You Apart

In today’s job market, having AI skills in demand is important for standing out. As businesses increasingly integrate AI into their operations, the ability to understand and utilize AI is becoming a key differentiator for job seekers.

Proficiency in AI can set you apart by enhancing your problem-solving capabilities, improving efficiency, and fostering innovation. Moreover, AI skills are in high demand, providing a competitive edge in the job market and opening up opportunities for career advancement and leadership roles.

Many online platforms now offer courses that help you use AI tools to learn a new skill, making it easier than ever to acquire these competencies.

Understanding how DevOps teams can take advantage of AI further demonstrates the versatility and necessity of AI in modern tech environments, showcasing the broad applicability of AI skills across different sectors of the industry.

I can significantly improve my career prospects by investing in AI skills to learn. Remember, 66% of business leaders won’t hire without AI skills, which highlights the critical importance of these abilities in the competitive job market.

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Exploring The Wonders Of AI Skills

The adoption of essential AI skills has become a critical factor in professional success. Let’s explore real-life examples of how AI skills can lead to remarkable achievements

See how people use AI in their professional tasks;

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The use of AI tools like Whimsical to generate e-commerce site menu hierarchies exemplifies AI’s role in streamlining design processes and enhancing user experience.

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As a software engineer who has transitioned from coding to focusing on these aspects, the evolution towards AI-driven tools not only secures job roles but also emphasizes the critical need for problem-solving and adaptive skills in an AI-augmented future.

Some people think that once you learn AI, it makes it easier to pick up other skills and use technology better in many areas, including how to train AI voice models effectively.

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What Business Leaders Have To Say

Business leaders are pointing out the growing need to learn AI skills and how AI engineering skills change the insights of hiring processes. Business leaders are increasingly looking for employees who can leverage AI tools effectively. Let’s see the insights!

66% of business leaders say that they would not hire a person without AI skills. On the other hand, 43% believe business leaders benefit more from AI, and 47% see equal benefits for individuals and organizations.


10 Top AI skills to learn

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Following are the top 10 AI skills that you must learn in 2024 to strengthen your career in the job market;

1- Programming Languages

Proficiency in languages is fundamental for developing AI algorithms and models. 

2- Data Modelling and Analytics

Understanding data modeling and analytics is vital. This involves collecting, cleaning, and interpreting data to create accurate AI models.

3- Machine Learning and Deep Learning

Mastering techniques in machine learning and deep learning, including neural networks, is essential for developing AI systems that can learn and make predictions.

4- Libraries and Frameworks

Familiarity with AI libraries and frameworks like TensorFlow, PyTorch, sci-kit-learn, and Keras streamlines the development and deployment of AI models.

5- Mathematics and Statistics

A strong foundation in mathematics and statistics is necessary for understanding and optimizing AI algorithms.

6- Natural Language Processing (NLP)

Proficiency in NLP techniques is critical for building applications that interact with human languages, such as chatbots and virtual assistants.

7- Problem-Solving

AI professionals must possess strong problem-solving skills to address unique challenges during model development.

8- Critical Thinking

Critical thinking is indispensable for assessing AI models for biases and making informed decisions about model optimization.

9- Creativity

Creativity is important for devising innovative AI solutions and exploring novel applications in various industries.

10- AI Ethics

Understanding AI ethics is crucial for ensuring responsible and unbiased AI development and deployment.

I believe that you can stay ahead and secure roles that even because AI cant replace every job completely. Using AI skills was incredibly beneficial in bridging the AI skills gap. Remember, 66% of business leaders won’t hire without AI skills, which underscores the importance of acquiring these competencies.


Right Time Wrong Side: Your Own Kodak Moment

When I realized the potential of AI, I decided to make learning AI my priority. By consistently dedicating time to understanding and using AI tools, I’ve been able to stay ahead in my field. I choose not to become obsolete like Kodak, and I suggest enhancing your career and ensuring you’re on the right side of technological advancement is one of the most important things.

Additionally, taking advantage of free AI online courses can be an excellent starting point to get up to speed with the latest AI technologies and trends.


The Best Time to Start? Now.

If you have not started yet, you must start now because everyday, new AI technology is introduced. The best time to learn AI skills is now! Remember, AI cannot completely replace humans, as the CEO of Fivers said, “The company isn’t seeing AI displace humans.” You must know what AI skills are in demand and learn them based on your interests.


FAQs

Top 3 skills needed to learn AI include Programming languages, Data science and Deep learning

You can develop AI skills by taking online courses or attending workshops focused on AI and machine learning.

Many employers across various industries use AI. While exact numbers can vary, surveys suggest that a significant portion, often around 50-60%, of businesses are incorporating AI in some capacity.

Studies indicate that approximately 30-40% of jobs are influenced by AI, either through automation of tasks or enhancement of job functions. The extent of the impact varies by industry and job role.


Conclusion

It is evident that 66% of business leaders won’t hire without AI skills”. Remember AI cannot completely displace the needs of humans because there will always be a need for humans. However, everyone should learn AI skills to stay ahead of the game.

Take the statement from the CEO of Fiverr as a reassurance that the complete displacement of humans by AI is unlikely. So, are you ready to learn the AI skills that could revamp your career? Start learning AI skills now and witness the difference it makes in the job market.


Explore More Insights on AI: Dive into Our Featured Blogs

Whether you’re interested in enhancing your skills or simply curious about the latest trends, our featured blogs offer a wealth of knowledge and innovative ideas to fuel your AI exploration.

 

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Dave Andre

Editor

Digital marketing enthusiast by day, nature wanderer by dusk. Dave Andre blends two decades of AI and SaaS expertise into impactful strategies for SMEs. His weekends? Lost in books on tech trends and rejuvenating on scenic trails.

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