Microsoft Corp. and LinkedIn have released the 2024 Work Trend Index, a joint report on the state of AI in the workplace.“AI comes into play.Now comes the difficult part.”The research is based on a survey of 31,000 people in 31 countries, LinkedIn labor and employment trends, trillions of Microsoft 365 productivity signals, and surveys with Fortune 500 customers, including just 1. This year shows how AI is impacting the way people work. , lead And we're hiring worldwide. Microsoft also announced new features for Copilot for Microsoft 365, and LinkedIn50 study coursesDesigned to help professionals of all levels improve their AI capabilities, available to LinkedIn Premium subscribers*.
The data is as follows. 2024 is the year when AI will become a reality. The use of generative AI at work has nearly doubled in the past six months. LinkedIn has seen a significant increase in professionals adding AI skills to their profiles, and most leaders say they won't hire people without AI skills. But as many leaders worry that their companies lack his AI vision and employees bring their own AI tools to work, leaders are moving from experimentation to tangible business impact. We have reached the difficult part of technological disruption.
AI is already changing every industry and transforming the economy. In recent releases, PWC survey results Nearly half of the economy Expected benefits by 2030 It comes from improving products and increasing consumer interest. AI could contribute up to 11.5% of GDP in Southern Europe, including the Adriatic region, by 2030, equivalent to an additional $700 billion.
This report highlights three insights that all leaders and professionals need to know about how AI will impact jobs and the labor market in the year ahead.
- Employees want to embrace AI in the workplace and they won't wait for companies to catch up.75% of knowledge workers are currently using AI at work. Many employees struggle to keep up with the pace and volume of work, and say AI saves them time, increases creativity, and allows them to focus on the work that matters most. However, while 79% of leaders agree that implementing AI is important to staying competitive, 60% say they do not have a vision or plan to implement AI in their organization. In other words, employees are taking matters into their own hands. 78% of AI users bring their own tools to work (Bring Your Own AI (BYOAI)). As a result, they are missing out on the benefits of using strategic AI at scale and putting their company's data at risk.
- AI is raising the bar and breaking career limits for employees.While AI and unemployment are top of mind for many, the data suggests otherwise. There is a shortage of skilled talent and employees looking to change jobs, which means there is a huge opportunity for those learning AI skills. The majority of leaders (55%) are concerned about whether they will have enough people to fill their roles this year, with cybersecurity, engineering and creative design leaders feeling the most pressure. And the experts are watching too. His 46% worldwide are considering leaving in the next 12 months, the highest since his 2021 reshuffle. Two-thirds of leaders (66%) think they won't hire someone without AI skills, but only 39% of their users have AI skills. Although he receives AI training from his company, he expects only 25% of companies to offer it this year. Therefore, professionals are trying to improve their own skills. As of late last year, he had 142x more LinkedIn members adding AI skills like Copilot and ChatGPT to their profile, and 160 more non-technical professionals using LinkedIn Learning courses to improve their AI aptitude. % increased.
- The rise of AI power users — and what it reveals about the future:The survey identified four types of AI users, ranging from skeptics who rarely use AI to power users who use AI extensively. Compared to skeptics, AI power users are fundamentally rethinking business processes and saving more than 30 minutes per day. More than 90% of power users say AI makes their heavy workloads more manageable and their work more enjoyable, but they're not doing it alone. These users are 61% more likely to have heard from their CEO about the importance of using generated AI in the workplace, and are encouraged by executives to consider how AI can transform their operations. and 35% more likely to receive AI training tailored to a specific role or function.
- Microsoft is also announcing Copilot for Microsoft 365 innovations to help people get started with AI.newAuto CompleteThe feature will now appear in the prompt box. Copilot helps users who initiate a prompt by suggesting they complete it, and based on what they type, it can suggest more detailed prompts to deliver more powerful results.When people know what they want but don't have the right words, newrewriteCopilot's features turn basic prompts into rich prompts with the click of a button. catch upis a new chat interface that reveals personal insights and provides responsive recommendations based on your recent activity. For example, Copilot flags upcoming meetings and provides relevant information to help participants prepare. New features in Copilot Lab also enable people to create, publish, and manage prompts tailored to themselves and their specific teams, roles, and functions. These features will be available in the coming months.
LinkedIn also offers AI tools to give you an edge in your career.
- To improve your skills.LinkedIn Learning offers over 22,000 courses, including over 600 AI courses.Building generative AI aptitudeempower your team,Make business investments using GAI, or simply for users to continue honing their skills.This includes more than50 new AI learning coursesWe help professionals of all skill levels. The new course is free and available to everyone until July 8th.
- For career advancement.If you're a LinkedIn Premium subscriber, you can also see AI-powered personalized takeaways on posts, articles, and videos (from articles to comments) in your LinkedIn feed, giving you personalized, relevant insights and opportunities ( actionable ideas and actions) that can help people in their daily careers.
- For job hunting. New AI-powered tools allow users to assess suitability for a role based on their experience and skills in seconds, and get advice on how to stand out. Subscribers will also see nudges such as suggestions for skills to build, expert suggestions, and more.network of contacts etc..So far, over 90% of subscribers who have access have shared that it has helped them in their job search.
For more information, please visit:Microsoft official blog,2024 Labor Trends Index Report.
*The course can be used for free until July 8, 2024.
