AI will displace many jobs, but also create a host of others. In addition to new occupational fields, however, job descriptions in particular are undergoing drastic change across almost all occupational groups.
The generative artificial intelligence ChatGPT triggered a global revolution when it was launched at the end of November 2022. According to a UBS study, 100 million active users after just two months made it the fastest growing Internet app of all time. The chatbot has a similar impact on everyday life and the working world as the invention of the computer or the Internet. Nvidia boss Jensen Huang calls it the “iPhone moment of artificial intelligence”,
and not without good reason, considering the disruptive potential, especially in the working world. According to a study by OpenAI and the University of Pennsylvania, generative AI (GAI) can complete at least one task faster in around 80 percent of U.S. jobs. The investment bank Goldman Sachs expects GAI to be able to replace up to a quarter of the work done at present. Extrapolated to the whole world, that would equate to 300 million full-time jobs. And according to a LinkedIn study, 84 percent of U.S. employees work in jobs where at least a quarter of the repetitive tasks could be automated by GAI.
However, generative AI is not just replacing jobs, it is transforming them and creating new, more lucrative fields of activity and career opportunities. The Future of Work Report by LinkedIn expects the skill sets required by employees in their day-to-day work to change by at least 65 percent by 2030.
The number of job postings that include the terms “AI” or “generative AI” proves that this trend is already in full swing. It has doubled in the last two years, both globally and in Germany. Postings in English that mention GPT or ChatGPT have increased by a factor of 21 worldwide since November 2022.
An analysis across 25 countries shows that since the introduction of ChatGPT, the rate at which LinkedIn members are adding AI skills to their profiles has almost doubled (from 7.7 percent in May-November 2022 to 13 percent in November 2022-June 2023).
Singapore recorded the highest penetration rate in June 2023, with the proportion of LinkedIn profiles with additional AI skills rising by a factor of 20 compared to January 2016. It is followed by Finland (16x), Ireland (15x), India (14x), and Canada (13x). Germany (7x) is in the bottom 5 out of 25 nations.
Companies are responding to the impending changes by providing their employees with targeted further training and retraining, after all, competition for talent for specialized AI positions will continue to intensify. However, as these are often completely new job profiles for which no corresponding qualification yet exists, there is a stronger focus on the candidates’ skills.
Surprisingly, since the introduction of ChatGPT, soft skills like flexibility and ethics have been among the fastest growing requirements in U.S. job postings. At the top of the list across all job ads is “communication”. The largest increases since November 2022 were recorded in flexibility (+158 percent), professional ethics (+120 percent), social perception (+118 percent), and self-management (+83 percent).