Companies Are Betting on AI but 78% Fear they Won’t Be Able to Keep Up

During the ManpowerGroup Italia event, research was presented which showed that the majority of employers (81%) think that the progress of AI will require new talent and new ways of working, but will they be up to it?

Although Italian companies recognize the potential of artificial intelligence, at the same time they are afraid of not being able to keep up with the required skills. This is what emerges from the data presented at the first Annual Conference of ManpowerGroup Italia entitled ” The Exchange – Let’s design the future of work together” . Let’s analyze the results communicated during the event in more detail.

The results of AI research

According to the data presented, 72% of employers believe that AI will have a positive impact on their business and 55% also see benefits in terms of employment . On the contrary, it is female workers (51%) and operational staff (43%) who express the greatest concerns and doubts about its use.

While the majority of employers (81%) agree that advances in AI will require new talent and new ways of working, 78% fear, however, that they will not be able to train employees quickly enough to stay keeping pace with technological developments over the next three years . The speed with which innovations appear in the world of work makes it increasingly complex for a large part of companies (80%) to plan their future talent needs.

What executives are asking for

Almost all managers (92%) say they feel the need for a new work organization which, through the introduction of flexible strategies, allows companies greater adaptability and a better ability to respond to changes : from the creation of sector talent pools (91%) to using online talent platforms (89%) to offering greater internal flexibility (88%) and hiring talent from abroad (88%).

Furthermore, 79% of the managers interviewed say that hiring a share of workers who are already experienced and have AI-related skills is an effective way to spread knowledge among all the people in the company.

The manifesto on the future of work

The first manifesto on the future of work in the time of artificial intelligence , which will highlight the challenges and opportunities of the sector, offering a long-term vision, is now being defined.

Working on it are Paola Pisano, associate professor of Business and Innovation Management, former Minister of Innovation and Digitalization, Cosimo Accoto, visiting scientist at the Sociotechnical Systems Research Center of MIT in Boston, Tomas Chamorro-Premuzic, professor of Business Psychology at University College London and Columbia University and Chief Innovation Officer of ManpowerGroup and Leandro Pecchia , professor of Biomedical Engineering at the Campus Bio-Medico University of Rome.

The objective is to define a series of tangible commitments that companies can adhere to, to encourage virtuous, ethical and conscious management and development of the world of work of the future.

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(Featured image by Alex Knight via Unsplash)

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First published in StartupItalia. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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