"The US productivity rate jumped in the fourth quarter of 2023, creating a little buzz about whether AI, and specifically generative AI (gen AI), is showing up in the output numbers. Then, the rate slowed sharply in the first quarter of 2024, suggesting that it might be too soon to see dramatic productivity gains from AI and gen AI. "While there isn’t a clear trend yet, it’s likely that a mix of technology—from old-fashioned analysis of high-quality data to machine learning and other large language models—is positive for productivity. Tech can help workers achieve better results in the same or less amount of time, and, yes, gen AI has been powering automation gains for some time. "That’s one part of a more robust productivity scenario. The other is that companies are figuring out the postpandemic hybrid model that works best for them. It’s typically a flexible model whereby people can be in the office working with colleagues in person some of the time and be remote other times. When done correctly, this model typically results in higher productivity than would a mandate that forces employees to always be on-site or never on-site, McKinsey research shows." #productivity
John Yolton’s Post
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The nature of work is changing rapidly for knowledge workers. All the routine grunt-work can now be done several times faster using Generative AI tools. This will mean that people will focus on more value added, cognitively challenging work. And this Mckinsey article makes the counterintuitive point that this will make work harder. From this article - “Workers who are creators and heavy users of gen AI, in fact, told us in a recent survey that they need to build higher-level cognitive and social–emotional skills to do their jobs, more than they need to build technological skills.” “People are on a journey, moving to a place where they may no longer do the easy tasks at work.” “Gen AI is ushering in a huge shift, along the lines of the Industrial Revolution.“
Re:think: Work is going to get harder. But it will also be more fun.
mckinsey.com
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"Brace yourselves, fellow humans! 🤖 The AI overlords are coming, and they're taking your jobs... but don't worry, they're also creating new ones! 🎉 By 2025, 85 million jobs will be zapped, but hey, 97 million new ones will pop up. Just like magic! ✨ If you're thinking about turning your company into an AI-powered paradise, buckle up! 🚀 Organizations that embrace our new robot friends outperform those stuck in the stone age. Product-focused workflows? Check. Leveraging data insights? Absolutely. Collaborating with the entire ecosystem? It's like a techy love fest! 💖 What do employees want? Impactful work, of course! Forget about autonomy or flexibility; we're in it for the glory! 🏆 Human-machine partnerships are the new power couples of the corporate world. 💑 Get ready to experiment with AI (not in a weird way) and let's make work more interesting. "Leaders", it's time to transform everything. Forget about baby steps; we're leaping into the future! 🚀 Prioritize purpose, lead with an operating model that would make a Transformer proud, make work as rewarding as a triple chocolate cake, and invest in tech and talent like they're going out of fashion. In summary, let's dance with the robots, embrace the chaos, and transform your organizations into something truly out of this world. 🌌 #AI #Transformation #RobotsAreOurFriends" https://lnkd.in/dtcKszyS
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Job descriptions have been dead for a while, we just haven't buried them yet. The new world of AI is not about whether we will have more or fewer jobs; it's about whether we will have the right skills to execute specific tasks. The new world of organizational design is about curating and orchestrating skills to achieve project goals, which ultimately achieve organizational goals. Read the latest post from my blog, Reinventing.
Organizational Change in the Face of Exponential Change: What it Means for Your Company to be AI Ready
http://reinventing.blog
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Founder @ Yala AI | Create Personalized Facebook & Instagram Ads with AI | Top LinkedIn AI Voice | Product Management Expert
Imagine a world where your job isn't what defines your productivity. 🌍💡 In the rapidly evolving digital age, AI isn't just an assistant; it's becoming the master of efficiency. 🤖 While the thought 'AI can do my job better than me' might trigger a wave of anxiety😨, let's pivot and see the silver lining.🌈 AI excels in repetitive, data-heavy tasks💻. It doesn't get tired. It doesn't get bored. It processes information at a speed that's simply unattainable for humans. But here's the twist - this doesn't diminish our value; it amplifies it.💪 The real magic happens when we synergize with AI. Imagine dedicating the hours you save to creative thinking, strategy, or even learning new skills. This isn't about being replaced; it's about being elevated. 🔝 Consider this: AI can analyze data, but it can't understand the nuances of human emotion or the unpredictable nature of creativity (yet). That's where we shine. Our intuition, our ability to connect on a human level, and our creativity are our superpowers. 👥✨ So, let's rethink productivity. It's not about doing more in less time; it's about doing what truly matters. Let AI handle the grunt work. This frees us to focus on innovation, strategy, and personal growth.📈 The question isn't whether AI can do your job better. The question is, how can you leverage AI to become the best version of yourself? 🏆 Embrace the change. Explore how you can partner with AI to redefine productivity in your field. Let's start a conversation about transformation, not replacement. How are you preparing for a future where AI enhances your work? 🤔 Dive in. The future is collaborative.
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Here is something that you might not know. Check out this article. Join Shift Gear X for more of such articles. New Post: Inspiring your AI Startup’s IT Team: Essential Tips - https://lnkd.in/d7CdDePH Shift Gear X - Build Your Future Net Worth Now
Inspiring your AI Startup’s IT Team: Essential Tips
https://shiftgearx.com
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There is no evidence that Einstein said that the definition of insanity is doing the same thing and expecting different results. In fact, it may be from a 1981 Narcotics Anonymous pamphlet. Nonetheless, it is a pithy reminder to review your activities. Busyness is rarely good business, just as activity does not equate to productivity. If that were true, writers would be the most productive people on the planet, instead of folks with well-ordered wardrobes and clean fridges. Slack and other digital managerial tools are supposed to promote efficiency within a team. Instead, they can swamp employees with "superficial" work, increasing demands on their attention, and preventing them from focusing on the core purpose of their work. Many will look to AI to streamline things by removing mundane tasks. The problem with that is that routine tasks can provide much-needed cognitive breathing space. The question is, are you doing what needs to be done (even if it is routine or boring), or merely keeping busy? What’s that definition of insanity again?
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🌐 The Future of Work - Transitioning Skills and Roles🌐 By Tiffany Prince The future of work is changing quickly before our eyes. Many organizations are looking to technology, including AI, to gain a competitive advantage. Employees and leaders have a lot of fear around what might happen regarding the future of work. The questions I get about this often is: Are #AI systems going to take over all the jobs? The quick answer is, No! Will it impact many jobs? The answer is, Yes! What is your #organization's #strategy for incorporating AI? How do you maximize productivity? Check out my recent article with the Pittsburgh Technology Council. READ FULL ARTICLE HERE
The Future of Work - Transitioning Skills and Roles
pghtech.org
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The BIG IDEAS behind the brands you know and love || Top 10 Agency Founder/CEO (EXIT) || NED || Agency Advisor, Transformation + Rapid Growth || Backing Norvana - The Everything Health App 🚀
The realities of AI are unknown, but also unbound. They predict up to 60% of the workforce in the UK will be affected. Half of that positively. The argument isn’t IF. It’s how big the impact. And when. Pandemic brought about hybrid working. AI will replace people even faster in a world where we don’t sit in an office with each other. A workforce with low/no social bonds is definitely the most vulnerable to change. I wonder if that will change where people want to work. AI will though of course for some, enrich and expand the hybrid work model. Their are AI coaching tools out there answering questions in the voice of experienced coaches. I can understand how… but context and judgement are so nuanced. It will be fascinating to see an AI version of me replacing me or doing a better job than me. I think I stick with being just me, but I’m probably hiding from progress. Wow. The world is changing. Fast. AI operators. And no code wizards. The world will be yours.
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The world of work is evolving at warp speed, and it's crystal clear that the old rulebooks won't cut it anymore, especially in talent management. 🔄 Time to break free from the traditional molds and dive into the new era! 🎯 Three key shifts to unlock success in the age of AI: 1. Skills & Tasks Over Titles: Let's ditch the outdated job titles and focus on what really matters—skills and tasks. It's not about what you're called; it's about what you can do. 🛠️ 2. Learning in the Limelight: Skills and workforce learning should take center stage in talent management. Continuous learning is the name of the game, and businesses need to embrace it like never before. 📚 3. AI-Powered Collaboration: AI isn't here to replace us; it's here to elevate us. Embrace AI to enhance human-to-human collaboration. Let the machines handle the mundane, so we can focus on what truly makes us human. 🤝🤖 🔄 Business leaders have weathered storms—changing hiring landscapes, remote work revolutions, and generational shifts. But now, AI is the game-changer. It's reshaping the very fabric of how we operate. Are you ready to ride the wave or get left behind? 🚀 To improve your employees acquisition strategies reach out to us below. Contact us: 07818116029 or email us at info@signatureassociates.co.uk. #futureofwork #airevolution #talentmanagementtransformation
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A culture of Test & Learn is fundamental to explore all the possibilities from AI 🤩 AI holds the promise of transforming work and giving organizations a competitive advantage -> BUT to realize those benefits we need a CULTURE that embraces curiosity, failure, and learning 💪👊 We need a Test & Learn Culture 💡🚀 And you 🫵, what did you learn today? 😉 #Leadership #TestAndLearn #Innovation #Learning
3 Steps to Prepare Your Culture for AI
hbr.org
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Naval architect, ocean engineer, mechanical engineer "Have GHS, will travel"
2wThe possibilities of even very simple applications of computers to productivity (mainly by enhancing human productivity) are gradually being implemented. In many cases they require extensive changes in the entire production process, and those come slowly. The key is to figure out what humans do well and what computerized processes do well and combine them, not make computers into poor human performers.