Generative AI in EU Law

INTRODUCTION 

To better understand how AI will impact the world of work, edX partnered with Workplace Intelligence to survey 800 non-executive knowledge workers — comprising individual contributors and managers — and 800 C-Suite executives, including over 500 CEOs.

MEETING 

Moderator: Melih R. ÇALIKOGLU , LLM, Data Privacy Specialist, CIPP/E

Meeting Language: English, Turkish

How to Join? Live meetings are currently for our existing members. Enlist to our Email list to be informed about memberships and joining live events

 WHAT IS A DOCUMENT RETRO MEETING? 

Document Retro meetings  are for young and senior professional from different backgrounds that want to learn the blazingly fast development in the AI field, get acquainted with the new terms and methodologies, develop a better understanding on the opportunities and threats that AI will pose on our society and discuss in an open platform with peers. We want to help our members to have a robust personal development track on the subject so we have limited the live discussions only for our members. Our live events are only for our existing members.  Enlist to our Email list to be informed about memberships and joining live events. To forget broader discussion we will openly share the meeting recordings one week after the meetings.

Download the Report: 

We recommend anyone to check the document that will be reviewed in the meeting before attaining the live event and/or before listening to the event recording.  You can access the document from our archives:  

https://www.aistammtisch.com/ogeler-1/navigating-the-workplace-in-the-age-of-ai 

PRE-READING

REPORT SUMMARY (BY CHATGPT):

The survey was conducted by edX and Workplace Intelligence, involving 1,600 U.S.-based employees, including 800 C-Suite executives and 800 knowledge workers. Key take out:

• AI's Growing Impact: AI is rapidly transforming the workplace, necessitating new skills at all levels. Job postings for generative AI skills have surged by over 450%.
• Skills Relevance and Talent Gap: C-Suite executives estimate that nearly half of current workforce skills will be irrelevant by 2025. There's a significant struggle to find talent with AI skills.
• AI and Executive Roles: A notable 47% of C-Suite executives, including 49% of CEOs, believe their roles could be largely automated or replaced by AI.
• Entry-Level Jobs at Risk: AI is expected to significantly impact entry-level knowledge work, with predictions of over 56% of these roles being eliminated in the next 5 years.
• Career Advantages of AI Skills: AI proficiency is seen as a career booster, with 82% of executives believing skilled workers should be paid more and promoted more often.
• Adaptation and Learning Gaps: Both executives and employees are adapting to AI, but workplace learning programs are lagging. Only 24% of employees use company programs to learn AI skills.
• Employee Attitudes Towards AI: Employees show enthusiasm for learning AI skills, but many lack support from employers. There's a growing trend of employees, especially Gen Z, using AI secretly for career advancement or additional income.
• Future-Proofing Strategies: The survey highlights the urgent need for companies to integrate AI into their strategies and develop outcome-based learning programs to future-proof their workforce.

CONCEPTS (BY CHATGPT): 

1. Rapid Transformation Due to AI: The survey underscores how AI is swiftly reshaping the workplace, necessitating new skills and approaches. This transformation is evident in the significant increase in AI-related job postings and the evolving nature of work across various industries.
2. Skills Obsolescence and Talent Gap: A critical insight from the survey is the projection that nearly half of the current workforce skills will become irrelevant by 2025 due to AI advancements. This highlights a growing talent gap, with companies struggling to find employees equipped with the necessary AI skills.
3. Automation's Impact on Job Roles: The survey reveals a strong belief among C-Suite executives that AI could automate or replace significant portions of various roles, including their own. This is particularly pronounced in the case of entry-level positions, where over 56% of such roles are expected to be eliminated by AI.
4. AI Proficiency as a Career Advantage: The findings indicate that proficiency in AI is increasingly viewed as a key to career advancement. Executives believe that employees skilled in AI should receive higher pay and more frequent promotions, reflecting the high value placed on AI capabilities in the workforce.
5. Learning and Development Gaps: Despite the eagerness of employees to acquire AI skills, there is a notable gap in workplace learning and development programs. Many employees are not receiving the support they need from their employers to upskill in AI, leading to a mismatch between the demand for AI skills and the opportunities for employees to acquire them.