About the Talk:
In this talk, LinkedIn’s Chief Economics Officer, Dr. Karin Kimbrough will discuss some of the key findings reflected in the company’s 2023 report , Preparing the Workforce for Generative AI. The talk will highlight the following findings:
• Artificial Intelligence (AI) is accelerating the shift to a skills-based labor market. LinkedIn members already have seen the core skills of their job evolve by 25% since 2015. With new AI tools accelerating the pace and scale of change, we expect jobs to change even faster – by up to 65% total change by 2030.
• Generative AI (GAI) is rapidly evolving, with the potential to perform tasks that, in the past, only humans could do— like writing, content creation, and data analysis. We find that 84% of LinkedIn members are in occupations that could leverage GAI to automate at least a quarter of routine tasks and increase productivity.
• As workers adopt and employ GAI tools, such as GPTs, they will deepen their AI literacy and develop skills that are complementary to AI, especially people skills and specialized industry skills. As jobs change with the incorporation of GAI, workers will reduce the time spent on some tasks making other skills, including human-centric skills, much more valuable and in-demand.
• The impact of GAI extends beyond the Tech industry or tech workers. While Tech leads in the adoption of GAI skills with 77% of workers in occupations likely to be affected by GAI to different extents, all industries employ workers in roles that stand to be transformed by these new technologies. The diffusion across industries points to a broadening impact of GAI across the economy.
• Potential GAI-driven automation will compel workers, business leaders, and policymakers to adapt fast. To navigate this environment, leaders should prioritize reskilling and upskilling programs, collaborative human-AI workflows, and global collaboration aimed at fostering equitable benefits of AI.
About the Speaker:
Dr. Karin Kimbrough is the Chief Economist for LinkedIn Corporation. Prior to joining the LinkedIn Corporation in 2020, she served as the Assistant Treasurer for Google and the Managing Director and Head of Macroeconomic Policy at Bank of America Merrill Lynch. In addition, Kimbrough worked at the Federal Reserve Bank of New York as a Vice President and Director for the Financial Stability Monitoring Function in the Markets Group from 2005-2014. She serves on the board of directors for Fannie Mae, is an advisor to 3x5 Partners, and serves on the Federal Reserve Bank of Chicago’s Academic Advisory Council and the Economic Advisory Panel of the New York Fed. She holds a Bachelor of Arts from Stanford University, a master’s from Harvard and a Ph.D. from the University of Oxford.
