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Reskilling – The Key to Security in the Age of Artificial Intelligence

Artificial intelligence (AI) has long sparked discussions about its potential to displace jobs across various industries. With each new technological advancement, concerns arise regarding the number of positions that may become obsolete. However, the situation does not have to be as alarming as it seems. While AI undoubtedly changes the nature of work, it also creates opportunities for workers to adapt through reskilling and transitioning into new roles. Rather than viewing AI as a threat, businesses and employees can embrace it as a tool that, when paired with targeted training, can lead to more efficient operations without resulting in widespread job loss. Hence, this TED Business podcast episode explains why artificial intelligence does not require people to leave their jobs but rather to reskill themselves.

The episode addresses concerns about job displacement due to AI, emphasizing that technological advancements will impact one in three workers globally. The episode suggests that instead of fearing job loss, individuals, companies, and governments should focus on reskilling as the only viable solution to adapt to the changing job market. The episode highlights Singapore’s proactive approach to reskilling in the wake of artificial intelligence, which has successfully transitioned workers into new roles. According to the episode, companies like IKEA have also embraced reskilling, retraining employees for new roles rather than replacing them. The episode suggests that the key to thriving in this new era is to replace job displacement fear with curiosity and optimism, emphasizing continuous learning and skill development as essential strategies for staying relevant in the workforce.

By focusing on reskilling and redefining job roles, organizations can harness the benefits of artificial intelligence while ensuring that their workforce remains relevant and employed, turning what could be a challenge into a strategic advantage. The preceding text argues why AI is here to collaborate with employees more than take over their jobs.

National University of Singapore Business School Accelerated Management Program
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