Half of All Skills Will Be Outdated Within 2 Years Due to AI (New Reports) — How to Keep Up with it?

AIFocussed.com
5 min readJan 9, 2024
An Image depicting a Job that done by both AI and Human

Artificial intelligence is advancing at an incredibly rapid pace. With new innovations in generative AI like ChatGPT and image generators being released in quick succession, even top executives believe the workforce is on the brink of transformational change.

Startling Findings from a Recent Workforce Survey on AI

Survey Information Source: Joe McKendrick on Forbes

A 2022 survey of 1,600 respondents including 800 executives and 800 employees uncovered some startling statistics about AI’s impending impact:

  • Almost half (49%) of the skills that exist in today’s workforce are predicted to become irrelevant by 2025 — an extremely short timespan of just 2 years from now.
  • An equal percentage (47%) felt their workforces overall are unprepared for this AI-driven future of work.
  • 56% estimated over half of entry-level knowledge worker roles will be eliminated in the next 5 years due to advancing AI.
  • 79% foresee entry-level jobs essentially ceasing to exist, requiring an entirely new set of skills for those entering the job market.

“Identifying skills shortages is not a surprising result to come out of an educational platform provider, but the short timespan is an eye-opener,” the survey authors noted.

Even high-level executive roles aren’t immune — over half (56%) of executives predicted their own roles will be partially or fully replaced by AI. Shockingly, 47% believe most or all CEO duties could be automated — and 49% of CEOs agree!

You can read the Entire Survey by edX, an online education platform.

However, not all industry leaders align with these more pessimistic AI outlooks…

Some Experts Are Skeptical About Heavy Impacts on Near-Term Career Goals

Richard Jefts, EVP and GM at software company HCL, argues the immediate results of AI will be minimal for most established professionals:

“While many companies claim to be leveraging AI, the reality is that most are still in the early stages of adoption. Expect more of a longer-term impact on careers as AI matures.”

This view expects AI to reshape careers, but slowly and incrementally rather than all at once. There are still many uncertainties around how exactly AI might redirect jobs and responsibilities.

“Almost every professional whose day-to-day is connected with digital activity will need to re-adjust their career goals as they begin to see changes in their daily work processes,” says Frederico Braga, Head of Digital at biopharmaceutical company Debiopharm. “But it is very difficult to precisely predict where and when that redirection will occur.”

AI as a Career Booster Rather Than Just a Replacement

Some don’t see AI as just taking away human jobs and tasks, but augmenting professionals to make them even better at what they do:

“Rather than re-directing your core skills, one valuable career skill is figuring out how to use emerging AI tools as a booster to make your strengths even stronger,” advises Jonathan Martin, President at tech company WEKA. “Ask how you can leverage AI to become incrementally better at what you already do best.”

Vittorio Cretella, CIO at P&G, echoes this view:

“Most successful applications of AI will amplify human skills, not simply substitute them. Where humans will continue to make a difference is in problem definition — decomposing problems, identifying patterns, before attempting to define an algorithmic solution.”

So while AI may replace some tasks, humans still play an integral role in creativity, strategy, and the softer skills involved in problem-solving.

Executives Recognize Upskilling in AI is Critical for Career Resilience

The survey found extensive agreement among executives that improving their AI skills is vital for the future:

  • 92% said it’s important to upgrade their AI skills within 1–2 years
  • The same percentage already actively use AI in their roles
  • 79% worry that not gaining AI proficiency will leave them unprepared for the shifting landscape of work

Although most feel optimistic about AI’s impending impact, some are overwhelmed by the sheer pace of change. Familiarity with AI capabilities can help professionals capitalize on its potential value:

“Being familiar with AI and its capabilities will enable business professionals to leverage its potential, particularly in areas such as HR, sales, and support,” says Richard Jefts of HCL Software.

IT leaders in particular will be deeply affected by emerging AI as they deliver, manage and maintain AI systems. But even at senior levels, reskilling is crucial:

“Finding leaders and individuals with strong soft skills is a greater challenge than generative AI cannot accomplish,” Jefts continues.

As machine capabilities expand into new domains, the irreplaceably “human” skills will only increase in value.

Creativity and Problem-Solving Skills Will Retain Strong Demand

Critical thinking, creativity, complex communication, strategic planning, and the cognitive flexibility to adapt to unexpected changes are deeply human capabilities AI cannot replicate.

Jonathan Martin emphasizes that innovation and vision require distinctly human traits — AI cannot spark “lightbulb moments” or conceive ambitious ideas from scratch. While apps grow more advanced in generating content or options, humans still need to:

  • Develop effective prompts
  • Curate, analyze and contextualize the output
  • Determine how it should ultimately be applied

And when obstacles arise, as they inevitably do:

“Human creativity, agility, and tenacity will be required to address them masterfully. This real-world ingenuity may prove difficult for AI to replace,” Martin notes.

So while technical skills face displacement from automation, distinctly “soft” skills are likely to enjoy soaring demand.

Jefts concludes finding well-rounded leaders and team players with a mix of social abilities and occupational competencies will only grow more competitive.

Screenshot from the Survey Report by edX

Practical Next Steps: How Should Professionals Prepare?

Continuous learning is essential to stay ahead of marketplace changes. Workers should proactively engage in lifelong education around emerging technologies and trends within their industry.

Diversifying skills also adds flexibility and resilience. Consider how your expertise might translate across multiple roles or sectors, rather than overspecializing.

And as AI permeates business and society, acceptance and openness is key. Instead of resistance, explore how AI could augment productivity, creativity, and innovation. Working with the technology — not against it.

Entry-level workers and those in digitally-driven roles likely face the most disruption. But intentional reskilling, soft skill development, and keeping an open & flexible mindset will ease the transition for all career levels.

The future remains ever-uncertain. But one thing is clear — the only constant is change itself. Continuous self-improvement provides the agility to evolve alongside AI, capitalizing on its benefits rather than being left behind.

This article was Originally Published on AIFocussed.

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