IBM: 120 million workers need retraining as robots displace jobs
Employers are now emphasising soft skills training, which take more time to develop, says IBM
More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact on jobs, according to an IBM survey.
That’s a top concern for many employers who say talent shortage is one of the greatest threats to their organizations today. And the training required these days is longer than it used to be -- workers need 36 days of training to close a skills gap versus three days in 2014, IBM notes in the survey.
Soft Skills
Some skills take longer to develop because they are either more behavioral in nature like teamwork and communication or highly technical, such as data science capabilities.
"Reskilling for technical skil...