Techno-News Blog

May 11, 2019

AI Isn’t Replacing Workers; It’s Picking up the Slack. Here’s How.

Filed under: Uncategorized — admin @ 12:12 am

Marc Fischer, Entrepreneur

Research firm Korn Ferry predicted that companies in technology, media and telecom will face a talent shortage of 1.1 million by 2020. By 2030, that number will grow to 4.3 million, the report said; and the result will be intense competition for a dwindling pool of tech professionals. The same survey showed that insufficient staff is already holding back digital transformation at 54 percent of companies surveyed. Skilled coders, of course, won’t materialize out of thin air. So, instead of hoping that traditional recruiting tactics will solve their mounting talent shortage, companies should consider a new approach — one that looks for alternatives to the human talent companies will always need but may have to struggle mightily to find. That approach: artificial intelligence.

https://www.entrepreneur.com/article/332896

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