The article discusses Microsoft’s new AI Skills Initiative, which aims to provide people around the world with the skills to effectively and ethically use AI. The initiative includes free coursework developed with LinkedIn, a Generative AI Skills Grant Challenge to support organizations training workers in generative AI, and greater access to free digital learning events and resources. Microsoft also plans to launch a Professional Certificate on Generative AI and a trainer toolkit for educators. The article emphasizes the importance of AI skills in the digital economy and the potential … read more >
The article discusses the potential of artificial intelligence (AI) to automate 40% of the average work day. It highlights the benefits and risks of generative AI tools like ChatGPT and Google Bard, and their impact on productivity and efficiency. The article also mentions a global survey conducted by Valoir, which found that automation is already underway in many companies, with workers automating an average of 20% of previously manual tasks. It emphasizes the need for companies to navigate the challenges of technology and job replacement, and for employees to adapt and leverage AI to avoid … read more >
Artificial intelligence (AI) was responsible for 3,900 job cuts in May, making it the seventh-highest contributor to employment losses in the US, according to a report by outplacement firm Challenger, Gray & Christmas. The report also revealed that layoff announcements from US-based employers reached more than 80,000 in May, a 20% increase from the prior month and almost four times the level for the same month last year. The AI industry is expected to grow to more than $1tn, with generative AI creating new jobs. read more >
“For example, while the broad shift toward remote work could help promote diversity with more flexible hiring, I see the increasing use of AI as likely to have the opposite effect. Black and Hispanic workers are overrepresented in the 30 occupations with the highest exposure to automation and underrepresented in the 30 occupations with the lowest exposure. While AI might help workers get more done in less time, and this increased productivity could increase wages of those employed, it could lead to a severe loss of wages for those whose jobs are displaced. A 2021 paper found that wage … read more >
The Generative AI: Executive Strategies to Unlock Enterprise Value program offered by Kellogg Executive Education aims to equip executives with the knowledge and skills to implement an AI strategy for their organization, infuse AI into core functions and business processes, and explore issues of competition, governance, and ethics. The program covers topics such as generative AI use cases, building an AI-ready platform and organization, and putting generative AI to work. The program is designed for C-level executives, division presidents, and vice presidents, as well as senior managers and … read more >
The Generative AI: Executive Strategies to Unlock Enterprise Value program offered by Kellogg Executive Education aims to equip executives with the knowledge and skills to implement an AI strategy for their organization, infuse AI into core functions and business processes, and explore issues of competition, governance, and ethics. The program covers topics such as generative AI use cases, building an AI-ready platform and organization, and putting generative AI to work. The program is designed for C-level executives, division presidents, and vice presidents, as well as senior managers and … read more >
A survey conducted by Clarify Capital, a small business lender, found that GPT-4-generated pitches were three times more likely to secure funding than human ones. The survey asked 250 investors and 250 business owners to rate a set of human-created and GPT-4-generated pitch decks without letting the participants know that AI was involved. The AI-generated pitches beat out human ones in quality, key element description, and problem description. The survey also tested the effectiveness of the decks across different industries, including finance, marketing, and investment. read more >
