Back in 2017 when machine learning and artificial intelligence was anything but mainstream workplace technology, the tech-savvy Millennial generation saw the writing on the wall and worried that it would steal their jobs one day. In 2018, as startup frenzy gripped the AI market, nearly 40 percent of Millennials thought AI was a concern. Now it’s 2024, AI is a tech buzzword that seems to be on everyone’s lips, and a new study says Millennials may actually be at risk of losing their positions –to savvy Gen Z youngsters already versed in the ins and outs of AI tech.
The recently published 2024 Annual Work Trend Index by Microsoft and LinkedIn shows exactly how far AI has penetrated into the entrepreneurial and C-suite psyche. Standout statistics from the survey of about 31,000 people across 31 countries shows that use of generative AI at work has doubled in the last six months and some 75 percent of "global knowledge workers" are using it, with 46 percent of people starting to use it less than six months ago. Of those who do use AI at work, 90 percent say it helps them save time, 85 percent say it boosts focus on more important tasks and 84 percent says it helps them be more creative. That neatly matches many AI narratives being spun about the usefulness of this emerging tech in the workplace. Who to hire?
Then comes the fascinating part, as Fortune notes : Managers say that when it comes to hiring, AI is such a critical thing that they may consider hiring a young worker with AI expertise versus an older worker who can demonstrate experience in the workplace. In fact 71 percent of managers say they’d hire like this, and, more striking even than that, 66 percent of managers say they wouldn’t hire someone at all if they lacked AI skills.
And if you’re a Gen Z office noob with all the right AI skills, 77 percent of leaders in the Microsoft survey say they’d likely give these people greater responsibilities. That implies that having AI skills and being able […]
Report Says Gen Z’s AI Work Chops Could Displace Millennials