PwC’s latest AI Jobs Barometer report highlights a compelling narrative about the transformative impact of AI on the job market. By examining half a billion job ads across 15 countries, the report identifies several key trends: · Significant Job Growth: AI job postings are growing 3.5x faster than other jobs. · Changing Skill Requirements: Skills needed in AI-exposed occupations are evolving rapidly, with new skills appearing 25% faster than in less exposed roles. · Productivity Revolution: AI is significantly driving productivity, with sectors exposed to AI experiencing nearly 5 times higher growth in labor productivity. · Positive Economic Impact: AI adoption is linked to increased efficiency, profitability, and revenue, with 70% of CEOs expecting significant changes in value creation. At Mavent Analytics, we've observed firsthand the transformative potential of AI in driving productivity and economic growth. We strongly encourage businesses aiming to thrive in the AI era should focus on: 1. Skill Development: Implement continuous learning and development programs to ensure employees stay ahead of emerging AI skills. This could include specialized training in machine learning, natural language processing, and AI ethics. 2. Strategic Hiring: Supplement internal efforts by selectively hiring external experts who can bring fresh perspectives and specialized knowledge. Look for professionals with a proven track record in AI innovation and practical implementation. 3. Long-Term Planning: Integrate AI into business strategies to unlock new value creation opportunities. This involves not only adopting AI tools but also reshaping business models to fully harness AI's potential. Mavent Analytics is here to support your journey towards AI adoption. Our consulting services and talent offerings are designed to help you navigate this transformation smoothly. Discover how we can help you build a future-ready workforce capable of leveraging AI's full potential. Visit our website at www.maventanalytics.com to learn more. #AI #Productivity #TalentAcquisition #SkillsDevelopment #DataAnalytics #MaventAnalytics #AIJobs
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Delighted to share our latest research - the Ai Jobs Barometer report, which reveals #AI’s impact on job skills, wages, hiring, productivity, and much more. The research analysed half a billion job ads in 15 countries to learn how AI is transforming the world of work and found a number of key themes including: 📈 AI-exposed sectors see significant productivity gains: 4.8x greater labour productivity growth in sectors more exposed to AI. ↗ Jobs that demand AI skills are increasing: Number of jobs that demand specialist AI skills (like deep learning) have grown 7x since 2012 (far outpacing growth in all jobs which have risen only 2x since 2012). 💸 Jobs that require AI skills are seeing significant wage premiums: within occupations, average salaries of AI job postings are up to 25% higher if they require AI skills. ⏩ Skills needs are changing rapidly: Skills sought by employers are changing at a 25% higher rate in occupations most exposed to AI, while there are sharp declines in demand for some AI-replaceable skills. #AI #SWP #FutureOfWork #PwC
AI Jobs Barometer
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#AI is transforming how we work, bringing unprecedented productivity and new ways to create value. PwC analysed over half a billion job ads from 15 countries to uncover AI's impact on various sectors and occupations. Key Findings: 4.8x higher growth in labour productivity in AI-exposed sectors 25% higher skills change in AI-exposed occupations Jobs requiring AI skills are growing 3.5x faster Up to 25% wage premium for workers with specialist AI skills Discover how AI is reshaping the job market and the vast opportunities it brings. Read more in the PwC 2024 AI Jobs Barometer report: pwc.com/aijobsbarometer.
AI Jobs Barometer
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I'm pleased to share insights from PwC's AI Jobs Barometer, which analyzed over half a billion job ads across 15 countries. The findings show AI is driving huge productivity gains, with AI-affected sectors experiencing nearly five times higher growth. It's also rapidly changing skill demands and creating new job opportunities. This highlights the urgent need for businesses and workers to adapt, upskill, and embrace AI to stay competitive. Check out the full report for more insights and future trends! #AI #JobMarket #FutureOfWork #Upskill #Productivity #Innovation #DigitalTransformation #TechTrends #BusinessGrowth Learn more: https://lnkd.in/gvYeRPnm
AI Jobs Barometer
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Discover AI's transformative impact on the global job market with PwC's 2024 AI Jobs Barometer! PwC's extensive analysis of over half a billion job ads across 15 countries reveals how AI revolutionises productivity, skills, and wages. Key findings include: 👉 4.8x growth in productivity in AI-exposed sectors 👉 25% higher skill change rates in AI-exposed jobs 👉 3.5x faster growth in jobs requiring specialist AI skills 👉 Up to 25% wage premium for AI specialists Embrace AI to stay ahead and thrive in the evolving job market. Read the full report below.
AI Jobs Barometer
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PwC’s 2024 AI Jobs Barometer is the first report to extensively analyse AI’s impact on workers, companies and the global economy. The report analysed half a billion job ads from 15 countries to determine AI’s impact on work—and found an AI-driven spike in productivity could allow many nations to break out of persistent low productivity growth, generating economic development, higher wages, and enhanced living standards. Read PwC’s 2024 AI Jobs Barometer for data and strategies to make the most of AI: https://pwc.to/4acnauf #AIJobsBarometer #AI #workforce #upskilling
AI Jobs Barometer
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AI is reshaping the job market, enhancing productivity, and transforming roles across industries. PwC's AI Jobs Barometer analyzed over half a billion job ads from 15 countries to reveal that AI-exposed sectors are seeing 4.8x higher productivity growth. with a 25% premium for AI-related skills. Read all the findings and download the full report, or a report for a specific region, here: https://lnkd.in/eCDVpFcw #AI #PwC #PwCJobsBarometer
AI Jobs Barometer
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How will AI change the global economy? We looked at half a billion job ads and global productivity data to calculate AI’s impact on job skills, wages, hiring, productivity, and more. Read PwC’s 2024 AI Jobs Barometer for data and strategies to make the most of AI: https://pwc.to/4acnauf #AIJobsBarometer
AI Jobs Barometer
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AI is reshaping the job market, enhancing productivity, and transforming roles across industries. PwC's AI Jobs Barometer analyzed over half a billion job ads from 15 countries to reveal that AI-exposed sectors are seeing 4.8x higher productivity growth, with a 25% premium for AI-related skills. Read all the findings and download the full report, or a report for a specific region, here: https://lnkd.in/eCDVpFcw #AI #PwC #PwCJobsBarometer #EmTech
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https://lnkd.in/evdg_Kzk At the #AIforGood Summit in Geneva I attended a lunch with #PwC. They provided an overview of the impact of #AI on the job market. Interestingly, they did this by studying job ads (in predominantly developed countries). Some highlights? AI jobs are growing more than 2X as fast as other jobs. (Sure, but aren't they just hiring people to write them out of their jobs ?) AI penetration is highest in white-collar sectors AI jobs see a 25% pay bump compared to other jobs. #Singapore, #Denmark rank at the top of being #AI ready, at least in terms of job hiring. Of course the study is already a outdated, but it's instructive (colleges should be listening) to look at the job's market and make sure there's an alignment between the skills needed and the skills being taught.
AI Jobs Barometer
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AI is reshaping the job market, enhancing productivity, and transforming roles across industries. PwC's AI Jobs Barometer analyzed over half a billion job ads from 15 countries to reveal that AI-exposed sectors are seeing 4.8x higher productivity growth. with a 25% premium for AI-related skills. Read all the findings and download the full report, or a report for a specific region, here: https://lnkd.in/eCDVpFcw #AI #PwC #PwCJobsBarometer
AI Jobs Barometer
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