_AI and workforce
Last Updated on November 9, 2023 by newseditor
As artificial intelligence (AI) continues its meteoric rise, it’s not just reshaping industries; it’s also prompting a significant shift in the skill sets demanded of professionals. Did you know that the GCC region has been witnessing a remarkable surge in AI adoption, influencing how businesses operate and creating new avenues for growth?
Digitalization has become ubiquitous, so technical skills are no longer niche expertise; they’re essential. Virtually all professionals now navigate a dynamic environment driven by one core factor: technology. To excel, the ability to leverage technology for your organization’s benefit is a must.
High-Demand Professions and the Growing Skills Gap
The ever-changing work environment presents unique challenges, notably the rise of a skills gap. On one hand, jobs like factory workers face automation risks, while others demand specialized skills. Data scientists, cybersecurity experts, and AI engineers are highly sought-after roles in the Middle East, necessitating advanced expertise. Yet, there’s a shortage of qualified individuals, magnifying the skills gap. Although millennials and Gen Z are digitally proficient, their skills might not match professional demands. The scarcity of experienced professionals well-versed in business technology is intensified by limited investment in training and obsolete education systems, further driving the demand for specialized skills.
Paving the Digital Path: Progress and Challenges in the Region
As regional governments recognize digitalization’s economic advantages, technology investment and adoption are on the rise. However, a recent PwC Middle East report indicated an ongoing digital divide despite progress in digital inclusion. Given digital inclusion’s potential to boost the region’s GDP by approximately 46% over three decades, with a projected initial benefit of nearly $300 billion, it’s imperative to address the digital skills gap. Creating an adaptable workforce requires nurturing a talent development ecosystem through collaborations with startups, educational institutions, and a corporate culture that embraces lifelong learning.
Enhancing Digital Skillsets – 3 Ways
As technology rapidly advances with artificial intelligence and the widespread electrification of various sectors, here are three strategies to develop strong digital capabilities.
Cultivating Tech-Driven Transformation
Embrace a digital culture, encourage innovation, and promote lifelong learning to overcome resistance to change and foster an environment of continuous improvement.
Empowering Adaptive Workforce
Foster diversity within teams to build resilience and innovation. Provide targeted upskilling to enable employees to embrace new roles and technologies, promoting a workforce that can pivot with ease.
Strategic Collaborations for Innovation
Partner with educational institutions and startups to accelerate tech education and innovation. Facilitate cross-industry collaborations to stay informed about market trends and policy changes, driving a dynamic ecosystem of technological advancement.