Role of individuals
Considering the pace at which technology is evolving, it may be difficult to predict the skills that will be needed even five years from now. Hence, employees and businesses need to be ready to adapt. Inevitably, most of the responsibility will be borne by the individual, who will be required not only to adopt to organisational change but also acquire new and and upcoming skills and capabilities throughout his/her lifetime. This will help him/her in learning new tasks and even retaining himself/herself at the middle of his career.
Role of businesses
As the use of AI increases within companies, it would help if employees are aware about the complete AI ecosystem, rather than only their function. A unique way for tech companies to increase the number of jobs available to people could be by using technologies such as cognition and natural language processing and generation to break down interconnected systems and tasks and, as a result, sieve out creating innovative tech jobs for humans.
Innovation will play a significant role for businesses in future. Fostering a culture of innovation driven by rewards and recognition has become vital for organisation to identify solutions to their challenges and use technology to address them. Timely skill development of employees through training will ensure smooth transition into new roles within a digitally transformed organisation.
Role of educational institutions
Considering the changes in the technology landscape and in companies, academic institutions need to play a role in skill development by creating an interface for students to connect with industry professionals. Academic institutions can also encourage and inspire students to work in the industry sector on different reallife challenges pertaining to current technologies and practices. These initiatives will help organisations to evaluate their prospective employees and students to get more hand-on industry experience.
Another activity that academic institutions could undertake is upgrading the curriculum, workshops and laboratories with the current industry requirements. Advanced technology infrastructure and equipment have been installed in a few premier institutions . This should be replicated across other institutions as well.