New AI Consortium Aims to Reskill Millions of Workers

In a groundbreaking initiative, a consortium comprising top technology firms and consulting companies, including Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, along with six advisors, has come together to upskill and reskill over 95 million individuals worldwide. This ten-year endeavor focuses on roles that are likely to be impacted by the rapid development of artificial intelligence (AI).

Under the banner of the ‘AI-Enabled Information and Communication Technology (ICT) Workforce Consortium,’ these industry leaders will collaborate to gather insights, devise action plans, and implement transformative strategies within their spheres of influence. As major players at the forefront of AI innovation, the consortium members have a deep understanding of the current and future impact of AI on the global workforce.

Each company within the consortium has committed to specific reskilling and upskilling targets. For example, Cisco aims to train 25 million people in cybersecurity and digital skills by 2032. IBM plans to skill 30 million individuals by 2030, with a focus on digital skills, including 2 million in AI. Intel has committed to imparting AI skills to 30 million people for job opportunities by 2030. Microsoft’s goal is to train and certify 10 million people from underserved communities in in-demand digital skills for the digital economy by 2025. SAP, on the other hand, aims to upskill two million individuals globally by 2025. Google has recently announced a funding of 25 million euros to support AI training and skills across Europe.

This consortium has been catalyzed by the U.S.-EU Trade and Technology Council’s (TTC) Talent for Growth Task Force, reflecting the shared goals of transatlantic cooperation in addressing workforce needs amidst the rapid development of AI. The consortium seeks to explore the impact of AI on ICT job roles, facilitate access to relevant training programs for workers, and connect businesses with skilled individuals ready for the demands of the industry.

Gina Raimondo, the US Secretary of Commerce, expressed her gratitude to the consortium members for their commitment to addressing the evolving workforce needs caused by AI’s rapid advancement. She emphasized the importance of their work in providing valuable insights into the specific skills required for emerging jobs in AI-related fields.

Francine Katsoudas, Executive Vice President and Chief People, Policy & Purpose Officer at Cisco, highlighted the mission of the newly formed AI-Enabled Workforce Consortium. Its purpose is to equip organizations with knowledge about the impact of AI on the workforce and to empower workers with the relevant skills needed for the jobs of tomorrow.

In the initial phase, the consortium will evaluate the impact of AI on 56 ICT job roles and provide training recommendations for those affected. These job roles represent 80% of the top 45 ICT positions with the highest job postings in the US from February 2023 to February 2024. The five European countries of France, Germany, Italy, Spain, and the Netherlands will also be included in the evaluation, as they collectively account for a significant segment of the ICT sector, employing a total of 10 million workers.

The joint statement from the companies emphasizes the consortium’s dedication to building an inclusive workforce with sustainable opportunities. They recognize the urgency and importance of their collective efforts as AI continues to transform various aspects of business operations. Together, they commit to developing pathways for workers, particularly in job sectors that will increasingly integrate AI technologies.

Through this groundbreaking consortium, millions of individuals worldwide will have access to the necessary resources, training, and skills to thrive in an AI-driven future. By addressing the challenges and opportunities presented by AI, this collaborative effort will shape a more resilient and prepared global workforce.

Frequently Asked Questions (FAQ)

  • What is the purpose of the AI-Enabled Information and Communication Technology (ICT) Workforce Consortium?
    The consortium aims to upskill and reskill over 95 million individuals globally in roles that are likely to be impacted by artificial intelligence (AI). It seeks to provide insights, action plans, and recommendations within the technology industry to mitigate the challenges posed by AI.
  • Which companies are part of the consortium?
    The consortium consists of leading technology companies and consulting firms, including Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP. These companies are at the forefront of AI innovation and understand the evolving impact of AI on the workforce.
  • What are the goals of the consortium?
    The goals of the consortium include exploring the impact of AI on ICT job roles, facilitating access to relevant training programs for workers, and connecting businesses with skilled individuals who are prepared for the demands of an AI-driven world.
  • What are some of the individual commitments made by the consortium members?
    Each consortium member has made specific commitments to upskill and reskill individuals. For example, Cisco aims to train 25 million people in cybersecurity and digital skills by 2032, while IBM plans to skill 30 million individuals in digital skills, including 2 million in AI by 2030.
  • How will the consortium evaluate the impact of AI on job roles?
    In the initial phase, the consortium will evaluate the impact of AI on 56 ICT job roles. This evaluation will encompass the highest job postings in the US and five European countries, representing a significant segment of the ICT sector.

Sources:
– U.S.-EU Trade and Technology Council (TTC) Talent for Growth Task Force: [example.com](https://example.com)
– Indeed Hiring Lab: [example.com](https://example.com)

In addition to the information provided in the article, here are some additional details about the industry, market forecasts, and issues related to the AI-enabled workforce consortium:

The artificial intelligence (AI) industry is experiencing rapid growth and has the potential to transform various sectors, including information and communication technology (ICT). According to market forecasts, the global AI market size is expected to reach $190.61 billion by 2025, growing at a compound annual growth rate (CAGR) of 36.6% from 2018 to 2025. This growth is driven by factors such as increasing adoption of AI technologies, advancements in machine learning and deep learning algorithms, and the need for automation and improved efficiency in business processes.

The AI-enabled workforce consortium’s initiative to upskill and reskill over 95 million individuals worldwide is crucial as AI continues to impact the job market. According to a report by the World Economic Forum, by 2025, the adoption of AI technologies could lead to a net gain of 12 million jobs in AI-related fields, but this will require individuals to acquire new skills and adapt to changing job roles.

One of the challenges related to the AI industry is the potential displacement of certain job roles by automation and AI technologies. However, the consortium’s focus on upskilling and reskilling aims to mitigate these challenges by equipping individuals with the skills needed for emerging AI-related jobs. This will help create a more resilient and prepared workforce capable of taking on the opportunities presented by AI.

The consortium’s collaboration with leading technology firms and consulting companies, such as Cisco, Accenture, Google, Microsoft, and IBM, brings together expertise from different domains and ensures a comprehensive approach to addressing the impact of AI on the global workforce. By leveraging their collective knowledge, resources, and networks, the consortium can develop innovative solutions and strategies to support individuals in adapting to the changes brought about by AI.

It is important to note that the AI-enabled workforce consortium’s efforts align with broader initiatives promoting transatlantic cooperation in addressing workforce needs caused by the advancement of AI. The consortium’s partnership with the U.S.-EU Trade and Technology Council’s (TTC) Talent for Growth Task Force reflects the shared goals of fostering collaboration, knowledge sharing, and skills development in the context of AI.

Overall, the AI-enabled workforce consortium’s initiative holds the potential to make a significant impact on the global workforce. By providing access to training programs, resources, and support, millions of individuals will have the opportunity to acquire the skills necessary for the AI-driven future. This collaborative effort aims to build an inclusive and sustainable workforce that can thrive in the face of technological advancements.

The source of the article is from the blog karacasanime.com.ve

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