What must enterprises do to prepare their teams for battle as AI
assumes a more prominent place within their workforce? Employers
must ensure that humans are doing their part to help AI succeed
without sacrificing their own place in their organization's
hierarchy. Asteri, a leader in AI workforce solutions, is helping
businesses address and mitigate the potential of AI-induced job
displacements by closing the gap and arming employees with the
appropriate battle skills needed to maintain control. With the most
advanced AI skills engine, Asteri delivers precise, unbiased data
on workforce skills, enabling companies to make strategic decisions
on upskilling, reskilling, and internal talent allocation.
PALO
ALTO, Calif., Aug. 13,
2024 /PRNewswire-PRWeb/ -- 82% of companies are
either exploring or already using artificial intelligence (AI) in
their business operations, with larger enterprises twice as likely
to use this technology than smaller businesses. (1) However, as the
synergy between humans and AI becomes essential for the future of
the workforce, many companies are struggling to find the right
talent to deploy these new tools effectively. This challenge has
created an urgent need to close the skills gap between employees
and the successful execution of AI strategies." To overcome this
challenge, there needs to be a partnership between the employer and
employees using the right analytical tools to identify and build
upon existing skills", states Julia
Grace Samoylenko, Founder and CEO of
Asteri. "Businesses don't always understand what they already
have in terms of talent. And what they often lack the most is the
intelligence to make decisions related to workforce planning and
the future".
"Employers must help AI succeed without
sacrificing their own roles. Asteri, a leader in AI workforce
solutions, is addressing AI-induced job displacements by arming
employees with the skills needed to maintain control."
87% of businesses believe AI will help grow revenue, boost
operational efficiency, automate, and augment jobs, driving
significant labor gains and efficiency improvements. (2) The bad
news, according to a report by Goldman Sachs, is that AI could
replace 300 million full-time jobs by 2030. Another study by the
McKinsey Global Institute reports that 14% of employees will need
to change their careers because of digitization, robotics, and AI
advancements. (3)
There needs to be an integration of human resourcefulness with
AI's precision and efficiency. AI is great for managing and
thinking through information that's already known and collected.
Taking advantage of human judgment, decision-making, and creativity
is where humans still have an edge. If reskilled properly,
employees who are under threat of being replaced by AI could be of
great value to their employer in more logistical areas of their
organization.
Navigating AI Disruption
Greg Von der Ahe, Head of Product
and Go-To-Market for Asteri, explains, "There is talent supply and
demand to consider. The decision-making process for acquiring new
talent is to build it, buy it, or rent it. The price goes up as the
supply goes down".
"It's an expensive proposition. Building the necessary talent
through upskilling can be a better option. However, upskilling
without direction is not helpful", Von der
Ahe highlights.
Evgeny Razinkov, Chief AI Officer at Asteri, points out that
often most workers are willing to update their skills but fail at
doing so strategically. "The overwhelming majority of the learning
and development programs that exist now were created in an era when
nobody anticipated the scope of AI's ability to upset the
workforce's apple cart. Many online courses and learning platforms
contain material created before 2022, not designed with AI's
exponential potential in mind," he points out.
At the same time, most businesses lack sufficient education
about AI, and there are a lot of assumptions about how they will
build their strategy that could derail their efforts. Razinkov
explains, "To control something, you need to be able to measure it.
To make informed decisions, companies must identify what skills are
essential to the organization, establish what skills employees
already have, and where they have skill gaps. Asteri's approach to
this issue is a creation of a knowledge graph that collects
information about what skills are required right now in each
industry and how these skills relate to certain positions – and
then running skill inference by grounding AI models using this
knowledge graph".
Asteri's AI-Powered Skills Inference Revolutionizes Workforce
Planning
The faster something changes, the more skills you need to track.
This acceleration is something that can only be handled by AI.
Companies need a real-time skills interface to keep up with the
constantly changing variables of AI in the workplace.
Asteri's AI engine analyzes trends in the job market to identify
which skill sets are becoming more prominent, which are losing
relevance, and which skills are obsolete. Asteri also provides
strategic workforce planning so companies can steer their workforce
into upskilling in certain areas in the direction the company needs
to go.
Samoylenko emphasizes the competitive aspect behind this
revolution, "Enterprise leaders must be proactive. They must start
now and recognize the urgency of this preemptive strike. If a
company moves too slowly, it will lose its market share to
businesses keeping up with AI's coming of age". "Asteri seamlessly
integrates with your existing tools, enriching your workforce
ecosystem with comprehensive skills data that adapts to your
operational framework, providing frictionless experience."
About Asteri:
In an era of rapid technological change and evolving job markets,
Julia Grace Samoylenko launched
Asteri from Palo Alto,
California—a technology startup dedicated to managing the
ever-evolving skill sets within enterprise workforces. With over a
decade of Fortune 500 experience, she leads Asteri in harnessing AI
to analyze digital traces of employee work and transform them into
evidence-based workforce skills data. Asteri's AI engine, trained
on hundreds of thousands of skill-related records, enhances the
accuracy of skill extraction, inference, and prediction.
Additionally, the team supports companies in enhancing their
AI-related skills by bringing visibility into which jobs and skills
will be replaced by AI—a critical concern for all enterprise
leaders. This innovative method not only anticipates the needs of
tomorrow's workforce—echoing the World Economic Forum's call for
reskilling half the global workforce by 2025—but also positions
Asteri as a leader in the skills-centric talent revolution. Learn
more about how they are pioneering the skills-centric talent
revolution at https://asteri.ai.
References:
1. Cardillo, Anthony. "How Many Companies Use AI? (New Data)."
Exploding Topics, Exploding Topics, 23 July
2024, explodingtopics.com/blog/companies-using-ai.
2. Tucci, Linda. "A Guide to Artificial Intelligence in the
Enterprise." Enterprise AI, TechTarget, 25
Jan. 2024,
techtarget.com/searchenterpriseai/Ultimate-guide-to-artificial-intelligence-in-the-enterprise.
3. Talmage-Rostron, Mark. Nexford University, 27 June 2024,
nexford.edu/insights/how-will-ai-affect-jobs.
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jotopr.com
Media Contact
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727-777-4629, khelms@jotopr.com, jotopr.com
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SOURCE Asteri