Big Tech Companies Unite To Train100M Workers to Mitigate AI’s Disruption

100M 

Microsoft, Accenture, IBM, SAP, Google, Intel, Cisco and many other companies aim to train 100 million technology workers within the next decade to address AI's impact on the workforce. This initiative involves assessing the impact of AI on 56 ICT job roles, offering training recommendations through a forthcoming report, and ultimately addressing the shortage of AI talent which has led to significant salary increases for those with generative AI skills. 

23% 

According to Pew Research Center, the usage of ChatGPT among U.S. adults has risen to 23% in February 2024 from 18% in July 2023. Among employed individuals, 20% reported using ChatGPT for work-related tasks, showing a significant increase from 8% to 12%. Specifically, adults under 30 are the primary users, with 43% of those aged 18-29 utilizing ChatGPT, up from 33% in the summer of 2023. The adoption rate of ChatGPT for work-related tasks has increased. 

25% 

According to Indeed's Hiring Lab report, employed women are approximately 25% more inclined than men to cite a preference for remote work as a factor driving their job search. Between July 2021 and December 2023, around 15% of women and 12% of men listed a desire for remote work as a motivator during job hunts, indicating a preference particularly strong among women across all age groups, with the most significant difference observed in the 25-34 age bracket. 

15% 

Northwestern Mutual data reveals a significant increase in the retirement "magic number" for U.S. residents, now standing at $1.46 million on average, up 15% from last year and 53% from 2020. Despite this, the average retirement savings for U.S. adults is just $88,400, creating a substantial $1.37 million gap between their retirement goal and current savings. Factors such as high living costs, financial stress, and competing financial priorities contribute to the widening disparity between retirement goals and savings, prompting the need for increased financial planning and discipline. 

700 

Apple's recent decision to lay off over 700 workers is primarily due to the shutdown of major projects, notably the ambitious car project named Project Titan, and the cessation of Micro-LED development for the Apple Smartwatch. While some employees may have been reassigned, others are facing termination, highlighting the challenges of transitioning skills to other projects within the company.