The article discusses the ongoing shortage of AI-skilled workers amidst widespread tech layoffs, highlighting projections from consultants like McKinsey & Co. and Deloitte about a significant demand-supply gap in AI talent. Despite 74% of employers struggling to find skilled talent, wages for AI skills are rising sharply, demonstrating the high value of this expertise. Surveys indicate a continued demand for AI skills, with corporate leaders acknowledging that limited expertise is hindering AI implementation. As companies navigate this landscape, the pay for roles in AI is likely to remain advantageous through 2027.
AI is at the forefront of corporate transformation, but without the right talent, businesses will struggle to move forward.
And yet neither side seems prepared to address it,
Pay for AI skills continues to increase, growing 11% a year since 2019, according to Bain & Co.
Limited in-house expertise has slowed AI adoption, with demand for AI skills rising 21% annually since 2019.
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