{"id":25638,"date":"2023-10-23T08:54:34","date_gmt":"2023-10-23T12:54:34","guid":{"rendered":"https:\/\/www.wellable.co\/blog\/?p=25638"},"modified":"2024-04-08T05:16:05","modified_gmt":"2024-04-08T09:16:05","slug":"ai-could-eliminate-56-percent-of-entry-level-jobs-within-5-years","status":"publish","type":"post","link":"https:\/\/www.wellable.co\/blog\/ai-could-eliminate-56-percent-of-entry-level-jobs-within-5-years\/","title":{"rendered":"Study: AI Could Eliminate 56% Of Entry-Level Jobs Within 5 Years, Urgent Need To Upskill"},"content":{"rendered":"\n<p>Integrating <a href=\"https:\/\/www.wellable.co\/resources\/ai-for-hr\/\" target=\"_blank\" rel=\"noreferrer noopener\">artificial intelligence (AI)<\/a> into the workplace is no longer a futuristic concept\u2014it\u2019s imperative for modern business success. Both employers and employees acknowledge this urgency, actively seeking opportunities to enhance AI skill sets.&nbsp;<\/p>\n\n\n\n<p>However, the <a href=\"https:\/\/business.edx.org\/white-paper\/navigating-the-workplace-in-the-age-of-ai\" target=\"_blank\" rel=\"noreferrer noopener\">2023 edX AI survey<\/a> reveals that internal learning and development programs are struggling to keep pace with the rapid evolution of AI. As job security becomes increasingly uncertain, particularly for entry-level knowledge workers, the demand for adept upskilling has intensified.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"650\" height=\"271\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AI-Could-Eliminate-56-Of-Entry-Level-Jobs-Within-5-Years-Urgent-Need-To-Upskill-1.png\" alt=\"AI Could Eliminate 56% Of Entry-Level Jobs Within 5 Years, Urgent Need To Upskill\" class=\"wp-image-25643\" style=\"aspect-ratio:2.3985239852398523;width:502px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AI-Could-Eliminate-56-Of-Entry-Level-Jobs-Within-5-Years-Urgent-Need-To-Upskill-1.png 650w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AI-Could-Eliminate-56-Of-Entry-Level-Jobs-Within-5-Years-Urgent-Need-To-Upskill-1-300x125.png 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/figure><\/div>\n\n\n<p>This article analyzes key insights from the edX survey, uncovers AI\u2019s profound impact on the workforce, and presents strategies for cultivating AI-ready work environments through effective upskilling initiatives.<\/p>\n\n\n<div style=\"border: 1px solid rgb(0 0 0 \/ 0.1); padding: 25px 25px 10px; border-radius: 8px; box-shadow: 0 4px 6px -1px rgb(0 0 0 \/ 0.1), 0 2px 4px -2px rgb(0 0 0 \/ 0.1);\">\n<h3 id=\"h-pressed-for-time-here-s-a-quick-summary\" class=\"wp-block-heading nitoc\">Pressed for time? Here\u2019s a quick summary\u2026<\/h3>\n<ul>\n<li><strong><span class=\"TextRun SCXW96244874 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW96244874 BCX0\">The perception g<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">ap<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">:<\/span><\/span><\/strong><span class=\"TextRun SCXW96244874 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW96244874 BCX0\">While <\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">n<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">early half<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\"> of CEOs believe AI <\/span><span class=\"NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest SCXW96244874 BCX0\">could replace <\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW96244874 BCX0\"><span class=\"TextRun SCXW96244874 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW96244874 BCX0\">most of<\/span><\/span><\/span> <span class=\"TextRun SCXW96244874 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW96244874 BCX0\">their job functions<\/span><span class=\"NormalTextRun CommentHighlightPipeRest SCXW96244874 BCX0\">, <\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">only<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\"> 20% of employees agree. <\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">Nevertheless<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">, employees increasingly recognize that <\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">failing to acquire<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\"> AI skills could make them replaceable<\/span><span class=\"NormalTextRun SCXW96244874 BCX0\">.<\/span><\/span><\/li>\n<li><strong><span class=\"TextRun SCXW193489816 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW193489816 BCX0\">Underlying concerns:<\/span><\/span><\/strong><span class=\"TextRun SCXW193489816 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW193489816 BCX0\">O<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">ver <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">half <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">of entry-level positions <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">are <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">estimated <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">to be automated within<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\"> the next<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\"> five years<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">, amplifying job security anxieties among employees<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">.<\/span> <span class=\"NormalTextRun SCXW193489816 BCX0\">Meanwhile, e<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">xecutives worry about <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">their <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">own<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\"> AI <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">proficiency<\/span><span class=\"NormalTextRun SCXW193489816 BCX0\"> and the <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">evolving skill set of <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">their workforce, fearing <\/span><span class=\"NormalTextRun SCXW193489816 BCX0\">potential obsolescence in an AI-driven corporate landscape.<\/span><\/span><\/li>\n<li><strong><span class=\"TextRun SCXW81579965 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW81579965 BCX0\">The upskilling c<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">hallenge<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">:<\/span><\/span><\/strong><span class=\"TextRun SCXW81579965 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW81579965 BCX0\">E<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">xecutives and employees <\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">alike <\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">acknowledge <\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">the urgency to upskill<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">.<\/span> <span class=\"NormalTextRun SCXW81579965 BCX0\">Yet, existing in-house<\/span> <span class=\"NormalTextRun SCXW81579965 BCX0\">learning and develop<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">ment <\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">efforts<\/span> <span class=\"NormalTextRun SCXW81579965 BCX0\">have <\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">fall<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">en<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\"> short<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">, pushing <\/span><span class=\"NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest SCXW81579965 BCX0\">many<\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW81579965 BCX0\"><span class=\"TextRun SCXW81579965 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW81579965 BCX0\"> employees<\/span><\/span><\/span><span class=\"TextRun SCXW81579965 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun CommentHighlightPipeRest SCXW81579965 BCX0\">to seek<\/span> <span class=\"NormalTextRun SCXW81579965 BCX0\">external learning resources <\/span><span class=\"NormalTextRun SCXW81579965 BCX0\">over<\/span><span class=\"NormalTextRun SCXW81579965 BCX0\"> the past year.<\/span><\/span><\/li>\n<li><strong><span class=\"TextRun SCXW163079595 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW163079595 BCX0\">Cultivating an AI-ready workplace:<\/span><\/span><\/strong><span class=\"TextRun SCXW163079595 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW163079595 BCX0\">Crafting a forward-thinking<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\"> AI<\/span> <span class=\"NormalTextRun SCXW163079595 BCX0\">strategy<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\"> should prioritize both <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">operational <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">efficiency and alignment with the <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">company\u2019s<\/span> <span class=\"NormalTextRun SCXW163079595 BCX0\">broader goals<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">.<\/span> <span class=\"NormalTextRun SCXW163079595 BCX0\">Embracing<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\"> diverse perspectives, address<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">ing e<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">mployee concerns, and set<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">ting <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">realistic expect<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">ations<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\"> are <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">foundational<\/span> <span class=\"NormalTextRun SCXW163079595 BCX0\">in<\/span> <span class=\"NormalTextRun SCXW163079595 BCX0\">establishing<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\"> a shared vision<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">\u2014<\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">one <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">that <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">fosters <\/span><span class=\"NormalTextRun SCXW163079595 BCX0\">purpose and drives collective efforts toward success.<\/span><\/span><\/li>\n<li><strong><span class=\"TextRun SCXW212863474 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW212863474 BCX0\">Developing effective upskilling plans:<\/span><\/span><\/strong><span class=\"TextRun SCXW212863474 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"> <span class=\"NormalTextRun SCXW212863474 BCX0\">E<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">ffective <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">AI <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">learning and development<\/span> <span class=\"NormalTextRun SCXW212863474 BCX0\">program<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">s<\/span> <span class=\"NormalTextRun SCXW212863474 BCX0\">should <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">b<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">e <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW212863474 BCX0\">role<\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW212863474 BCX0\">-specific<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">.<\/span> <span class=\"NormalTextRun SCXW212863474 BCX0\">This <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">alleviat<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">es<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\"> the <\/span><span class=\"NormalTextRun CommentStart CommentHighlightPipeRest CommentHighlightRest SCXW212863474 BCX0\">overwhelm<\/span><\/span><span class=\"TrackChangeTextInsertion TrackedChange SCXW212863474 BCX0\"><span class=\"TextRun SCXW212863474 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightRest SCXW212863474 BCX0\">ing feeling<\/span><\/span><\/span><span class=\"TextRun SCXW212863474 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun CommentHighlightPipeRest SCXW212863474 BCX0\"> that <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">accompanies<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\"> the <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">vast<\/span> <span class=\"NormalTextRun SCXW212863474 BCX0\">AI <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">knowledge spectrum<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\"> and ensu<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">res<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\"> targeted upskilling. <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">M<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">onitor <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">progress and<\/span> <span class=\"NormalTextRun SCXW212863474 BCX0\">promote a culture of continuous learning<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">, reminding employees that AI skill acquisition <\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">is a marathon, not a sprint<\/span><span class=\"NormalTextRun SCXW212863474 BCX0\">.<\/span><\/span><\/li>\n<\/ul>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ai-s-impact-on-executives-employees\">AI\u2019s Impact On Executives &amp; Employees<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"650\" height=\"263\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AI-Impact-On-Executives-Employees.png\" alt=\"AI\u2019s Impact On Executives &amp; Employees\" class=\"wp-image-25651\" style=\"aspect-ratio:2.4714828897338403;width:468px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AI-Impact-On-Executives-Employees.png 650w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AI-Impact-On-Executives-Employees-300x121.png 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/figure><\/div>\n\n\n<p>The edX survey reveals a significant disparity in how C-suite executives and rank-and-file employees perceive AI in the workplace:&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>49% of CEOs<\/strong> believe that AI could automate \u201cmost\u201d or \u201call\u201d of their job functions.&nbsp;<\/li>\n\n\n\n<li>On the contrary, only <strong>20% of employees<\/strong> share this view.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Although most employees don\u2019t foresee <a href=\"https:\/\/www.wellable.co\/blog\/how-to-use-chatgpt-in-hr-examples\/\" target=\"_blank\" rel=\"noreferrer noopener\">AI automating their job functions<\/a>, they increasingly recognize that failing to acquire AI skills could make them replaceable by more tech-adept counterparts.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-underlying-concerns\">The Underlying Concerns<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong><em>Over the next five years, AI is estimated to eliminate over half of entry-level positions.<\/em><\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>Beneath this perception divide lies a shared concern: the broader implications of AI in the workplace. While executives are prepared to harness the potential of automation, they aren\u2019t immune to its uncertainties.&nbsp;<\/p>\n\n\n\n<p><strong>For the C-suite, personal AI proficiency and the preparedness of their workforce is a major concern:<\/strong>&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>79% <\/strong>of executives fear that failing to acquire AI skills will leave them unprepared for the future of work.&nbsp;<\/li>\n\n\n\n<li><strong>87%<\/strong> of executives struggle to find talent with AI skills.&nbsp;<\/li>\n\n\n\n<li>Executives estimate that <strong>nearly half (49%)<\/strong> of the skills present in their workforce today won&#8217;t be relevant by 2025.&nbsp;<\/li>\n\n\n\n<li>They also believe that<strong> 47% <\/strong>of their workforce is unprepared for the future of work.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>For employees, job security is a looming worry:<\/strong>&nbsp;<\/p>\n\n\n\n<ul>\n<li>Only <strong>52% <\/strong>of workers think AI will positively impact the workplace.&nbsp;&nbsp;<\/li>\n\n\n\n<li>Entry-level knowledge workers are at the greatest risk of being replaced by AI\u2014over the next five years, AI-driven automation is estimated to eliminate over <strong>half (56%)<\/strong> of entry-level positions.<strong>&nbsp;<\/strong>&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>This looming uncertainty is amplifying the pursuit of better learning and development opportunities.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-urgency-of-upskilling-internal-shortcomings\">The Urgency Of Upskilling &amp; Internal Shortcomings<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"650\" height=\"370\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AIs-Impact-On-Executives-Employees.png\" alt=\"The Urgency Of Upskilling &amp; Internal Shortcomings\" class=\"wp-image-25644\" style=\"aspect-ratio:1.7567567567567568;width:474px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AIs-Impact-On-Executives-Employees.png 650w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/AIs-Impact-On-Executives-Employees-300x171.png 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/figure><\/div>\n\n\n<p><strong>Employees and executives alike recognize the urgency to upskill, but internal programs are falling short.<\/strong> A significant portion of C-suite leaders<strong> (89%) <\/strong>and employees <strong>(57%)<\/strong> have sought external learning resources in the past year, which often came at a personal cost.&nbsp;<\/p>\n\n\n\n<p>For employees in particular:&nbsp;<\/p>\n\n\n\n<ul>\n<li>Only<strong> 24% <\/strong>are utilizing their company&#8217;s programs to learn AI skills.&nbsp;<\/li>\n\n\n\n<li><strong>21% <\/strong>are learning independently due to a lack of suitable training within their organizations.&nbsp;<\/li>\n\n\n\n<li>A significant<strong> 84%<\/strong> expect their employer to provide the necessary training and education to keep their skills up-to-date.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Many employees are looking to their companies as the new \u201cpost-secondary colleges\u201d, responsible for continuing employee education\u2014a viewpoint shared by <strong>93%<\/strong> of the C-suite. Employee expectations are increasing, and their loyalty is on the line: <strong>four in 10 <\/strong>will consider changing jobs for better learning and development opportunities.&nbsp;<\/p>\n\n\n\n<p>Organizations must address the gap between the demand for upskilling and the supply of effective internal resources. This will not only future-proof businesses but also sustain <a href=\"https:\/\/www.wellable.co\/blog\/employee-retention-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener\">employee retention<\/a> and overall job satisfaction.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strategies-for-cultivating-an-ai-ready-workplace\">Strategies For Cultivating An AI-Ready Workplace<\/h2>\n\n\n\n<p>Good intentions aren\u2019t enough to adapt to AI-driven transformation; organizations need concrete strategies to create a work environment conducive to change.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"585\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/89z_2203_w009_n001_120b_p14_120-1024x585.jpg\" alt=\"Strategies For Cultivating An AI-Ready Workplace\" class=\"wp-image-25649\" style=\"aspect-ratio:1.7504273504273504;width:529px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/89z_2203_w009_n001_120b_p14_120-1024x585.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/89z_2203_w009_n001_120b_p14_120-300x171.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/89z_2203_w009_n001_120b_p14_120-768x439.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/89z_2203_w009_n001_120b_p14_120-1536x878.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/89z_2203_w009_n001_120b_p14_120-2048x1170.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\" id=\"h-create-a-shared-vision-for-ai\">Create A Shared Vision For AI<\/h3>\n\n\n\n<ul>\n<li><strong>Encourage Dialogue Between Executives &amp; Employees: <\/strong>Facilitate dialogue between individuals of all organizational levels to ensure the incorporation of diverse perspectives in shaping a unified AI vision. This fosters inclusion and ownership over the company\u2019s future with automation.&nbsp;<\/li>\n\n\n\n<li><strong>Formulate A Shared Vision: <\/strong>AI&#8217;s value lies not just in its capabilities but in its capacity to transform an organization. Crafting a unified vision\u2014one that emphasizes both efficiency and the broader impact on the company&#8217;s mission\u2014instills a sense of <a href=\"https:\/\/www.wellable.co\/blog\/5-ways-to-improve-employee-retention-with-company-purpose\/\" target=\"_blank\" rel=\"noreferrer noopener\">purpose<\/a> and drives collective efforts toward AI-driven success.<\/li>\n<\/ul>\n\n\n\n<div class=\"mb-4\" style=\"border-radius: 15px; background-color: #fce8d6; color: #1b1d35; padding: 20px;\"><strong>Example:<\/strong> &#8220;Equity is the UK performing arts and entertainment trade union. Throughout our 100 year history we have fought to secure the best terms, conditions and ongoing rights for performing artists and creative practitioners with every emerging trend in new technology.<br><br>Whilst we will continue to establish new industrial practices, the potential for artificial intelligence to completely transform the landscape for audio and audio-visual work cannot be understated. As we move forward with this innovation, an artist-centric approach is vital to safeguard the future of our world leading entertainment workforce.<br><br>The Vision Statement outlines eight principles for the industry to adopt when engaging artists for the purpose of performance cloning. <br><br><strong>Artists being engaged for the purpose of performance cloning have the right to:<\/strong><br>1. Consent (and not consent) for past, current and future performances<br>2. Licence their performance or likeness on personal, non-exclusive, time limited basis<br>3. Be identified and object to derogatory treatment of their performance and work<br>4. Transparent information<br>5. Meaningful consultation<br>6. Fair and proportionate remuneration<br>7. Equal access and treatment<br class=\"mb-0\">8. Be engaged under a collectively bargained agreement&#8221; <br><br><i>&#8211; Equity, the UK performing arts and entertainment trade union<\/i><\/p><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-develop-effective-upskilling-plans\">Develop Effective Upskilling Plans<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/20944387-1024x683.jpg\" alt=\"Develop Effective Upskilling Plans\" class=\"wp-image-25648\" style=\"aspect-ratio:1.499267935578331;width:434px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/20944387-1024x683.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/20944387-300x200.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/20944387-768x512.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/20944387-1536x1024.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/10\/20944387-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<ul>\n<li><strong>Tailor Upskilling Programs:<\/strong> One size doesn&#8217;t fit all when it comes to learning. By tailoring upskilling programs to individual needs, employees can acquire AI skills relevant to their roles. This promotes professional growth and alleviates the overwhelm that accompanies the breadth of AI skills, allowing employees to maintain a targeted approach within an outcomes-based program.&nbsp;<\/li>\n\n\n\n<li><strong>Monitor &amp; Evaluate Progress:<\/strong> Leveraging data to monitor and evaluate progress allows organizations to continuously fine-tune their initiatives, ensuring employees acquire the necessary skills to thrive.&nbsp;<\/li>\n\n\n\n<li><strong>Promote Continuous Learning: <\/strong>In the age of AI, adaptability is synonymous with survival. Promote a culture of continuous learning, where the pursuit of knowledge is ingrained in the company&#8217;s DNA. Organizations that embrace learning as a perpetual journey rather than an endpoint are not just ready for change, but actively drive it.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-foster-open-communication\">Foster Open Communication<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/09\/3288524-1024x683.jpg\" alt=\"Foster Open Communication\" class=\"wp-image-25135\" style=\"aspect-ratio:1.499267935578331;width:452px;height:auto\" srcset=\"https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/09\/3288524-1024x683.jpg 1024w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/09\/3288524-300x200.jpg 300w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/09\/3288524-768x512.jpg 768w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/09\/3288524-1536x1024.jpg 1536w, https:\/\/www.wellable.co\/blog\/wp-content\/uploads\/2023\/09\/3288524-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<ul>\n<li><strong>Create Platforms For AI Discussions: <\/strong>Designate a platform for open conversations about AI and its impact, providing an outlet for those seeking relief or reassurance amidst uncertainties. These discussions also allow for knowledge sharing and collaborative learning, ensuring everyone stays informed about the evolving AI landscape.&nbsp;<\/li>\n\n\n\n<li><strong>Address Concerns &amp; Set Realistic Expectations:<\/strong> Given employee job security concerns, organizations must prioritize a collective understanding of AI&#8217;s current and future role within the company. Transparency is crucial to ease anxieties and establish trust. Establish realistic expectations by reassuring team members that they aren\u2019t expected to become AI experts overnight.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>AI may replace 56% of entry-level jobs by 2028. Upskilling is vital, but L&#038;D initiatives fall short. Explore strategies for success.<\/p>\n","protected":false},"author":1,"featured_media":25641,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v22.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Study: AI Could Eliminate 56% Of Entry-Level Jobs Within 5 Years, Urgent Need To Upskill | Wellable<\/title>\n<meta name=\"description\" content=\"AI may replace 56% of entry-level jobs by 2028. Upskilling is vital, but L&amp;D initiatives fall short. 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