Talent shortages are at a 15-year-high as hiring prospects with hard and soft skills become more difficult to find than ever before. That is according to an employment outlook survey recently published by the Manpower Group.
The report found that 69 per cent of employers across multiple sectors have difficulty in filling vacancies. Researchers also found that COVID-19 is reshaping in-demand skills, with wide-reaching effects for the near future;
“Technology-related roles continue to be in high demand and logistics shows no signs of reverting to pre-crisis levels.”
How can we meet the talent demands of the future though?
At Inspection² we’re placed to provide a practical solution – AI tools designed to empower, enable, and augment the role of tech in the tech talent shortage.
AI Tech and the Skills of the Future
More and more job activities have become increasingly automated in recent years. However, following the pandemic, soft skills have become particularly important to employers. These soft skills, along with other personal attributes, were found to be just as important as technical skills. Vital talents which cannot be replicated, even by the best AI
In a 2017 report by Deloitte, researchers came to the conclusion that “soft skill-intensive occupations will account for two-thirds of all jobs by 2030”. In this context, ‘soft skills’ was used to describe a set of non-technical skills. In particular; creativity, problem-solving, communication skills, emotional judgement, and digital literacy. Interestingly, ten of the sixteen ‘21st-century skills for students’ identified by the World Economic Forum are, in fact, also non-technical.
By using ‘no-code’ AI as a tool to automate mundane business tasks, workers will then likely be given the chance to reinvent their roles. Helping to both increase their value to the organisation and their employability.
At Inspection² we believe that this is one of the key roles in the future of AI. It is this belief that underpins our mission to make no-code Image AI models available for everyone in every sector globally. Helping businesses, and their employees, to achieve more with less.
‘Talent Challenge’ Revisited – The Role of Tech
In previous posts, we highlighted ‘talent’ as being a critical enabler and a potential blockage to tech companies. Non-profit organisations such as the Tech Talent Charter are currently addressing this talent challenge by also addressing the diversity issues. However, there is also a fundamental role to be played by employers in scoping what AI talent means. Most importantly, focusing on the retention, engagement, and retraining of current employees.
Here at Inspection², we understand the importance of engaging our team’s interests. As our CEO, James Harrison, mentioned in his recent post; “Part of the attraction of working in a start-up is the ability to push boundaries – delivering technically challenging and interesting projects. We let our teamwork on anything they want for half a day a week.” It was this ‘scheme’ that led to our head of AI, Dr Thomas Moranduzzo, developing our Image-based AI concept.
Whilst the traditional focus has typically been on attracting tech talent and developing from the ground up to leverage the benefits of AI, every organisation doesn’t need to have a team of AI experts. There is a significant opportunity to reskilling and engaging the existing workforce. Not to train them to build AI tools and processes, but to skill them. Skilling them in things like no-code AI, as a means to create interesting and valuable business solutions and insights instead.
AI and Human ‘Superteams’
Deloitte maintain that human and AI relationships – so-called ‘Superteams’ – are the next step in AI’s continuing integration into the world of work;
“For organisations that still view AI mainly as an automation tool to reduce costs, connecting their AI initiatives with their efforts to craft more effective teams is a first step toward enabling humans and machines to work together in new, more productive ways.”
Very often businesses look for highly technical people that fit perfectly into their internal production pipelines. Instead, companies need to evolve and propose fascinating or challenging jobs to attract not the best, but those with the few key talents. In the current tech landscape, it can be very difficult to find the right figure though. Money is no longer the most important factor for talent.
So, why not invest resources in developing talent? Employee retention rates will likely increase if employees work for an employer that invests in them. Nowadays, especially since the pandemic, tech people look to work for companies that offer benefits that matter to them. Benefits like increased autonomy, creativity, freedom, and flexible work from home policies.
Now is the time to re-think how we attract talent. The skills shortage may continue, and although AI may not be the ultimate solution to all talent issues, it can be a crucial part in overcoming it.
The Benefits of a Joint Effort
By integrating AI tools such as our Image AI Builder application into current teams, businesses can draw on talent that is already available within the organisation. Enabling AI models to be built easily, quickly, and with no AI technical knowledge required.
At Inspection², we can help businesses to generate value and optimise their current processes and workflow. Also transforming job roles and the general work landscape for the better in the process. This comes largely without the need for increased spending in the seemingly endless search for new tech talent.
AI’s power to supplement human competencies is already here, and it’s increasing exponentially. Paving the way to true collaboration, instead of workforce replacement.
This is how organisations can begin to overcome the tech talent challenge.
Is your business ready to embrace the future of AI?