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Demand for employment in artificial intelligence (AI) and machine learning (ML) was the highest in India (4.1%) from January to July 2024, followed by Germany (2.5 per cent), Japan (2.2 per cent), and the US (2.1 per cent).
The report highlights that AI, ML and Genai job postings are on the rise, with AI and ML job postings rising 65% since 2019 and Genai-related job postings seeing a surge of 411%. However, the demand for human skills, or soft skills such as leadership, communication, and emotional intelligence, consistently exceeds the need for digital skills in all regions. Globally, human skills are in double demand than digital skills.
The report shows that Augmented Reality (AR)/Virtual Reality (VR) has grown by 154% in job postings over the past five years, showing the brink of adoption sectors as the industry expands beyond entertainment and explores AR/VR applications that expand to training simulation, remote collaboration and customer experience.
The demand for Genai skills is more than just a high-tech industry. Although it is concentrated in industries such as software development and IT consulting, demand is growing for financial services, healthcare, pharmaceuticals and banks.
Human or soft skills continue to outperform North American digital skills by 2.4 times and Europe by 2.9 times. Top job openings related to human skills include communication, interpersonal collaboration and problem solving.
The report further shows that demand for remote, flexible work is rising by 39%. Countries such as Australia (22.8 per cent) and Germany (21 per cent) are leading the job search in search of remote or flexible workers, followed by New Zealand (20.3 per cent), the UK (18.8 per cent), the US (15 per cent), Spain (11.6 per cent), Japan (9.7 per cent) and India (6.3 per cent). France (4.9 percent) and Italy (1.4 percent) rank among the lowest.
“We're committed to providing a great opportunity to help you,” said Mike Bollinger, Global VP, Cornerstone's strategic initiative. “The report not only reveals that skills are evolving faster than organizations and individuals can maintain pace and limit innovation and adaptability, but also highlights the importance of maintaining important human or “soft” skills within an organization. ”
“While we can never fully predict the future, history remains an important guide to understanding how technological advancements reshape the demands of industry and skills,” says Bledi Taska, head of analytics at Skyhive at Cornerstone. “Combining historical trends with real-time market intelligence can provide strong insight into evolving landscapes. For example, our report highlights the increased exposure of genai skills, but history suggests that, like past innovations, these trends stabilize as they become integrated into everyday operations.
