"IBM Study: 40% of Workers Must Reskill in 3 Years Due to AI"

A global study conducted by the IBM Institute for Business Value reveals that 40% of workers will need to reskill due to the implementation of AI and automation in the next three years. This could affect around 1.4 billion people in the global workforce. The study also highlights that entry-level employees will experience the most significant impact, with 77% of executives stating that generative AI is already affecting these positions. However, 87% of executives believe that employees are more likely to be augmented than replaced by AI. The report emphasizes the importance of engaging in impactful work and highlights the shift in critical skills required, with a greater emphasis on people skills. HR leaders are advised to redesign work and operating models to prepare for the future.