Further to our recent article on skills shortages in the UK economy, new research published by JobSwipe has revealed that in terms of artificial intelligence (AI), there is an AI skills gap amongst workers aged 55 and over, compared with those under the age of 55.
AI Skills Provide Competitive Advantage In The Labour Market
The rapid progress in AI technology has significantly impacted various sectors, reshaping the nature of work and the skills needed to succeed in the modern job market. Despite AI offering numerous benefits and opportunities, its implementation poses certain challenges, particularly for older workers who may not possess key AI skills. This has been borne out by new research conducted by JobSwipe
Transformation
The integration and automation of AI technologies have transformed industries worldwide. AI has now become an essential component of various sectors, including healthcare, finance, manufacturing, and customer service. As a result, the skillset required by employers has evolved, necessitating that workers adapt to new tools and technologies, such as AI.
AI skills encompass a range of abilities, such as machine learning, algorithm development, natural language processing, and data analysis. These skills enable individuals to effectively leverage AI technologies and contribute to the digital transformation of organizations. The demand for AI skills is growing exponentially, with many companies actively seeking professionals proficient in these areas.
Competitive Advantage
Given this, workers equipped with AI skills have a competitive advantage in the job market. Their ability to harness the power of AI enhances productivity, improves decision-making, and drives innovation. Organizations increasingly value employees who can navigate AI tools and leverage data-driven insights. Consequently, individuals lacking AI skills may find it challenging to secure job opportunities.
Training
Governments, educational institutions, and employers are recognizing the significance of AI skills and investing in initiatives to upskill and reskill workers. Training programs, certifications, and online courses offer workers opportunities to develop AI skills. Accessible and tailored learning options can empower individuals to enhance their qualifications and remain competitive in the job market.
To ensure older workers have equal access to AI skills development, addressing the barriers they may face is crucial. Promoting inclusive learning environments, fostering collaboration between experienced professionals and younger colleagues, and providing supportive resources can help bridge the generational gap and facilitate knowledge transfer.
AI skills often require collaboration with professionals from various domains. Encouraging interdisciplinary collaboration can benefit both older and younger workers by combining experience, domain expertise, and AI proficiency. This collaborative approach can foster innovation and create a more inclusive job market.
New Research
The new research conducted by JobSwipe found that an AI skills gap does exist between those workers aged 55 and over, and those under the age of 55. The survey found that:-
- Just 11% of candidates aged 55-64 had used AI to assist them in finding a new job, compared to 48% of those aged 18-24
- 34% of respondents aged 55-64 stated that they were not interested in AI training, a figure that was even higher amongst those aged 65 and over (57%). In contrast, 75% of 18-24 year olds stated that they were interested in training in AI
- 57% of those in HR stated that a candidates prospects of being hired would be enhanced where it was evident that their skillset included AI
- 56% of those working in HR are now actively using AI during recruitment
Comment
Commenting upon the findings, the CEO at JobSwipe, Rhys Maddocks, stated: "Our findings point to a looming crisis that skilled and experienced individuals will be overlooked as AI use rapidly expands. It is clear that young people are unafraid of embracing the benefits of AI in landing a job and performing better in the workplace. As the population ages and many older people working beyond retirement age, it is crucial that they learn to utilise AI. Otherwise, the job market is at risk of losing out on valuable older workers as the over 55s are left behind by their younger competitors."
Closing The Skills Gap
What this new research from JobSwipe highlights is that the rise of AI presents both opportunities and challenges for workers of all ages, but older workers may be disproportionately affected by a lack of AI skills. Closing the AI skills gap is crucial for empowering older workers, ensuring their competitiveness in the job market, and enabling them to contribute effectively to the digital future. By embracing lifelong learning, organizations and individuals can work together to bridge this gap, promoting inclusivity, diversity, and innovation in the workforce.
