Examining the impact of generative AI on workforce dynamics
As generative AI for business plants its feet deeper, those with high skills find better opportunities in the workplace. Businesses will see a short-term churn in the workforce dynamics, but GenAI will spur demand for newer skills and high-value work with greater complexity. Rather than putting the workforce out of jobs, GenAI will increase the number of jobs and the earning potential with high-value contracts. Rather than being afraid of the change, business leaders must look at ways to upskill their workforce and leverage GenAI for low-value repetitive jobs.
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