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posted by martyb on Monday September 09 2019, @05:32PM   Printer-friendly
from the Who-trains-the-trainers?-Engineers? dept.

Arthur T Knackerbracket has found the following story:

The skills gap is widening between people and AI.

Artificial Intelligence is apparently ready to get to work. Over the next three years, as many as 120 million workers from the world's 12 largest economies may need to be retrained because of advances in artificial intelligence and intelligent automation, according to a study released Friday by IBM's Institute for Business Value. However, less than half of CEOs surveyed by IBM said they had the resources needed to close the skills gap brought on by these new technologies.

"Organizations are facing mounting concerns over the widening skills gap and tightened labor markets with the potential to impact their futures as well as worldwide economies," said Amy Wright, a managing partner for IBM Talent & Transformation, in a release. "Yet while executives recognize severity of the problem, half of those surveyed admit that they do not have any skills development strategies in place to address their largest gaps."

[...] IBM says companies should be able to close the skills gap needed for the "era of AI," but that this won't necessarily be easy. The company said global research shows the time it takes to close a skills gap through employee training has grown by more than 10 times in the last four years. That's due in part to new skills requirements rapidly emerging, while other skills become obsolete.


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  • (Score: 4, Insightful) by ikanreed on Monday September 09 2019, @07:15PM (1 child)

    by ikanreed (3164) Subscriber Badge on Monday September 09 2019, @07:15PM (#891824) Journal

    No, it's that human beings need to do things besides work, and want to continue to get money to live and machines don't.

    It's really that simple. There's no size of up front cost for which capital investment in automation technology, nor any bottom to how little you can pay workers, that won't eventually pay off. None. There's a limit to what your investors will put up with in terms of capitalized expenses to dividend ratios, but that gets pretty abstract at the tens-of-billions revenue corporation level.

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  • (Score: 1) by khallow on Wednesday September 11 2019, @03:53AM

    by khallow (3766) Subscriber Badge on Wednesday September 11 2019, @03:53AM (#892516) Journal

    It's really that simple. There's no size of up front cost for which capital investment in automation technology, nor any bottom to how little you can pay workers, that won't eventually pay off.

    The obvious rebuttal here is time value of money. If something pays off after the heat death of the universe, it's no use to you now. And a second obvious rebuttal here is that there's a natural bottom to what you can pay workers before a) they work for someone who pays better, or b) don't work at all. I find it interesting how you wrote this crap and then babbled [soylentnews.org] about the uselessness of ideology a day later. Physician heal thyself.

    There's a limit to what your investors will put up with in terms of capitalized expenses to dividend ratios, but that gets pretty abstract at the tens-of-billions revenue corporation level.

    Like you would know.