.The use of generative AI has almost doubled in the past six months. 75% of office workers around the world use it at work.The labor market is also changing, and AI is influencing it. Despite fears of job cuts, employers note shortages in key areas. And the experience of using AI is becoming no less important than professional experience, opening up new opportunities for many employees.To help managers cope with change and candidates to increase their competitiveness in the labor market, Microsoft and LinkedIn conducted a large-scale study . They surveyed 31,000 people in 31 countries, analyzed trillions of performance signals in Microsoft 365 and Fortune 500 data.We at Inweb have translated the text of the study to make it easier to understand the data.
AI is needed at work and workers will not wait for companies to adapt
Artificial intelligence is already being integrated into work processes of employees use AI at work, and 46% started using it less than six months ago.Microsoft and LinkedIn Case Study: How Artificial Intelligence is Changing Work and the Labor MarketThree out of four Microsoft and LinkedIn survey respondents use AI at work. Employees note that AI helps them. The most active Teams users in March used Copilot to summarize 8 hours of meetings – the equivalent of one working day.
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Most executives agree that AI is necessary, but the pressure on them to quickly demonstrate ROI is making them slow to move.Of executives agree that their companies need to implement AI to stay competitive, but 59% worry about quantifying productivity gains.Of executives are concerned that their organizations lack a plan to implement AI.Implementation of AI on enthusiasmWithout direction or permission from management, employees use AI in secret.Ecutives for the year ahead.
Exhaustion and acceleration of the pace of work
Another factor contributing to the popularity of BYOAI is that the pace of work is growing faster than employees can keep up with it.Of people admit that they cannot cope with the volume and speed of work, and 46% feel exhausted.Of respondents noted that they read one email in less than 15 seconds. On average, a person reads 4 letters for each one sent.Meetings and recycling remain high post-pandemic. The work day is mostly about communication: in Microsoft 365, users spend 60% of their time on emails, chats and meetings, and only 40% on creating content in programs like Word and PowerPoint.Michael Platt , a neuroscientist and professor at the Wharton School of the University of Pennsylvania:These findings are perfectly consistent with how our brain finds trade-offs between routine task performance and innovative thinking.
The impact of AI on the labor market
While AI and job cuts are the main concerns for many, the data shows a shortage of talent and a large number of workers looking to change jobs. There are also opportunities for those willing to upgrade their AI skills.Of managers are concerned about the lack of qualified employees to fill vacancies in the coming year. These are managers of various industries, but this figure reaches 60% and higher for the fields of cyber security, engineering, and design.At that time, workers looking for work. Fear that their work will be taken away by AI.Are considering quitting within the next year. This is more than during the “Great Shuffle” period in 2021 (then the figure was 40%).The US has seen a 14% increase in job applications since last fall. 85% of professionals are considering a job change this year.
Shortage of qualified personnel
The impact of AI on the labor market. The chart email iibrary shows that while workers fear losing their jobs to AI, most executives fear they won’t be able to fill key positions.Companies have already managed to hire technical workers with knowledge of artificial intelligence: in the last eight years, their number has increased by 323%. Now they’re turning their attention to non-technical workers with AI capabilities —skills in using generative AI tools (ChatGPT, Copilot, and others).Of managers would not hire someone without AI skills.Would rather hire a less experienced candidate with AI skills than a more experienced one without them.Newbies can gain a new advantage: 77% of executives say that thanks to AI, talented early career professionals will have more responsibilities.Of recruiters say they are updating job descriptions to reflect the use of generative AI in the role.
Learning and using AI at the corporate level
While leaders recognize the value aero leads of bringing in new hires with AI experience, they don’t realize the importance of developing their own employees. Of CEOs in the US are not investing in AI tools for their employees.Of workers worldwide who use AI at work have received training from their company.Of companies plan to implement generative AI training this year.Many of LinkedIn’s top companies this year, including JPMorgan Chase, Procter & Gamble, and AT&T, are offering AI training opportunities to their teams to drive employee development.The importance of self-learning AISince companies are not in a hurry to provide AI training at work, professionals independently master the basics and start using AI tools.Learning and using AI at the corporate level.Of HR believe that AI skills are needed to remain competitive.Said AI can help them get promoted faster.Say AI skills will expand their employability.
Use of LinkedIn.
