g-f Golden Knowledge (GK) Juice
ULTRA-condensed knowledge
"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, The “Positive Disruption: Transformation Revolution” has accelerated
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OPPORTUNITIES, Lessons learned, Alerts, WEF
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WEF Facts:
- 57% of CEOs and CFOs plan to increase use of AI and automation in their companies.
- The true strength of generative AI is to augment, rather than replace, the work of human experts.
- The future of AI looks bright with generative AI and large language models with socially beneficial use cases, including waste elimination and fraud detention.
- Generative AI has the potential to disrupt nearly every industry— promising both competitive advantage and creative destruction.
- In the next 10 years, over 1 billion jobs are set to be transformed by AI technology.
- The World Economic Forum’s Future of Jobs Report 2023 says that 60% of workers will require additional training by 2027, with the biggest priority being analytical thinking.
- Technology-related roles dominate the report’s list of fastest-growing jobs, with AI and Machine Learning Specialists coming top. And LinkedIn research conducted for the Future of Jobs Report 2023 identifies the 100 “Jobs on the Rise” – those that have grown “fastest, consistently and globally” over the past four years – with technology and IT-related roles making up 16 of these.
genioux Fact: WEF is a gold mine of exceptional knowledge. Recently, WEF has produced an extraordinary amount of new golden knowledge (GK) blocks that are shaping the New World (g-f New World).
AI and Machine Learning Specialists are the fastest growing jobs. Image: World Economic Forum
2023 Future of Jobs Report Media Briefing
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"genioux fact" condensed as an image
Extra-condensed knowledge
Extra condensed knowledge complements ultra condensed knowledge.
g-f Meme GK
AI is helping to identify skills gaps and future jobs. An expert explains how
- 6 in 10 workers will require training before 2027, according to the World Economic Forum’s Future of Jobs Report 2023.
- But finding ways to upskill and reskill workers to fill job gaps and keep up with the pace of emerging new technologies can be difficult.
- Erik Brynjolfsson, Professor at the Stanford Institute for Human-Centred AI, explains how AI can be harnessed to work out skill adjacencies that can help to close the gaps.
- Brynjolfsson and his colleagues at the Stanford Digital Economy Lab are using AI to sift through millions of job postings and identify skills gaps and skill “adjacencies” that can help companies retrain team members to meet the demands of the future of work.
- The World Economic Forum’s Future of Jobs Report 2023 says that 60% of workers will require additional training by 2027, with the biggest priority being analytical thinking.
- REFERENCE
Here's how companies should navigate generative AI in the world of work
- 57% of CEOs and CFOs plan to increase use of AI and automation in their companies.
- This is a cause of concern for people working across various industries.
- However, the true strength of generative AI is to augment, rather than replace, the work of human experts.
- Three main elements underpin the capabilities of generative AI:
- Massive memory and pattern recognition, with capability to connect distant concepts or ideas and draw inferences.
- Low/no code requirements, significantly reducing the premium on coding skills.
- Absence of logic, since it makes predictions based on massive amounts of training data — with significant consequences for its applications to work.
- A recent Mercer survey reported that 57% of CEOs and CFOs plan to increase use of AI and automation; nearly one-third are redesigning work to reduce their organizations’ dependency on people.
- In Mercer’s 2022 Global Talent Trends Study, the percentage of employees who say automation will significantly change how their work is done has jumped from 44% to 71% in the past two years. Unlike previous iterations of automation that largely impacted repetitive, rules-based work, generative AI will also affect low-volume, highly variable work, leading to what some have termed the “democratisation of creativity.” Work in numerous professions, including that of authors, researchers, lawyers and many others, will be significantly disrupted.
- REFERENCE
The future of jobs: 2 experts explain how technology is transforming ‘almost every task’
- This article is part of: The Growth Summit: Jobs and Opportunity for All
- Technology is continuing to shift almost every job role, whether it’s in a factory or behind a desk.
- The World Economic Forum's Future of Jobs Report 2023 finds most technologies will have a positive impact on jobs in the coming five years.
- But almost a quarter of jobs will change as various impacts, including the green transition, play out.
- Jeff Maggioncalda, CEO at Coursera, the online learning company, and Saadia Zahidi, World Economic Forum Managing Director, discuss the report's implications for employers and workers.
- “We're pretty much all in the same boat, whether you are a factory worker or on the frontlines or whether you're a knowledge worker sitting behind a desk. Technology is shifting the way almost every job task will be performed.”
- This was the verdict of Jeff Maggioncalda, CEO at Coursera, the online learning company, on the challenges ahead for employers and jobseekers in a rapidly transforming world of work. He was commenting on the Future of Jobs Report 2023 from the World Economic Forum, into which Coursera contributed data.
- REFERENCE
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The key trends driving change. Image: World Economic Forum
Here are 3 ways higher education can prepare for the generative AI revolution
- This article is part of: The Growth Summit: Jobs and Opportunity for All
- In the next 10 years, over 1 billion jobs are set to be transformed by AI technology.
- Higher education institutions need to prepare students for this revolution.
- Three fundamental reforms to higher education can help achieve this aim.
- With the appearance of the latest wave of generative artificial intelligence (AI), humanity is about to embark on an entirely new working order.
- Last year, the OECD predicted that AI would “radically transform” 1.1 billion jobs in the next 10 years. Given the impressive new technologies that have arrived since, this now seems like an almost bashfully conservative estimate. Systems such as GPT-4 and Midjourney can create poetry, code, research papers, interior design plans, websites, and book reviews. They can model protein structures, evaluate insurance claims, and explain abstruse scientific concepts in layman’s terms.
- Traditionally, people have turned to higher education to acquire the knowledge and skills to succeed in the world as it exists. The challenge today is that because of AI, the world will exist in a radically different way tomorrow, and again the day after. Therefore, educating people for reinvention in this fluid context will require the reinvention of higher education itself. We can do this through three fundamental reforms to the model.
- Create a curriculum for the AI economy
- Design experiential programmes for the AI workplace
- Reinvent the university for lifelong learning
- REFERENCE
How AI can accelerate students’ holistic development and make teaching more fulfilling
- This article is part of: The Growth Summit: Jobs and Opportunity for All
- Advances in Artificial Intelligence (AI) could transform education systems and make them more equitable.
- It can accelerate the long overdue transformation of education systems towards inclusive learning that will prepare young people to thrive and shape a better future.
- At the same time, teachers can use these technologies to enhance their teaching practice and professional experience.
- With the rapidly accelerating integration of artificial intelligence (AI) in our work, life, and classrooms, educators all over the world are re-evaluating the purpose of education in light of these outsized implications. At Teach For All and the LEGO Foundation, we see the potential of AI to accelerate the long overdue transformation of education systems towards inclusive learning that will prepare young people to thrive and shape a better future.
- At the same time, we see huge opportunities for teachers to use these technologies to enhance their own teaching practice and professional experience.
- Dialogue on the future of work and education has long emphasized the importance of developing skills and values that are uniquely human and less likely to be replaced by technology. The rise of ChatGPT is yet another proof point. Most students and teachers agree that ChatGPT is “just another example of why we can’t keep doing things the old way for schools in the modern world”.
- REFERENCE
Condensed knowledge
The condensed knowledge complements the extra and ultra condensed knowledge.
g-f Meme GK
The Growth Summit: Jobs and Opportunity for All
- The Growth Summit, taking place 2-3 May 2023 at the World Economic Forum’s headquarters in Geneva, Switzerland, will bring together business, government, civil society, international organizations and academic leaders working across sectors, industries and geographic boundaries.
- The Summit aims to advance future opportunities and tackle current challenges through collaboration, foresight and innovation on three core themes:
- Enabling resilient growth – Advancing inclusive and sustainable economic growth, trade, investment, productivity, manufacturing, global development and equitable globalization.
- Developing human capital – Investing in education, skills, and health, and supporting job creation, living wages, job transitions, and an equitable future of work.
- Accelerating economic equity – Enabling an equitable green transition and advancing gender equality, health equity, care, diversity and inclusion, and racial and social justice.
- REFERENCE
Closing gender gaps in the private sector benefits over 728,000 women
- At the current rate of change, it will take more than 150 years to close the global economic gender gap.
- The World Economic Forum has supported 14 countries to convene Gender Parity Accelerators – national public-private collaboration platforms – that help close economic gender gaps.
- The accelerators work with more than 80 public sector and 1,150 private sector partners to increase female labour force participation and advance equity in pay and leadership, reaching over 728,000 women to date.
- The accelerator in Chile has reduced the gender pay gap by 37% in the participating companies.
- With the cost of inequality so high – the world is currently losing out on approximately $12 trillion of global GDP – we can’t afford to wait another 151 years to close economic gender gaps.
- REFERENCE
Future of work: the Good Work Alliance's impact on equitable and productive workplaces
- Good Work is increasingly recognized as having a positive societal and economic impact, ultimately benefiting employees and employers alike.
- The World Economic Forum is working with 14 global companies to improve the future of work and facilitate the Good Work Alliance, with plans to scale to 100 corporate members supporting the Good Work agenda by 2024.
- Over 1.3 million employees benefit from initiatives leading to better job quality and satisfaction.
- In a rapidly evolving globalized society, the future of work is changing. Since the COVID-19 pandemic has upended how working people think about flexibility and balance, technology is helping to meet modern-day needs.
- Such adaptation is positive amid unprecedented and worldwide upheaval. Yet, there remain challenges that the World Economic Forum identifies as:
- Demand for flexible working.
- A silent well-being pandemic.
- The erosion of diversity, equality and inclusion (DEI).
- Calls for a reskilling revolution.
- REFERENCE
As generative AI gains pace, industry leaders explain how to make it a force for good
- The World Economic Forum AI & Machine Learning Platform Quarterly Connect took place in March 2023, with C-suite executives explaining what’s ahead for AI.
- Fairness and bias remain a persistent challenge in AI development but the problems befalling individual companies are varied and nuanced, which is why diverse mitigation approaches are needed.
- The future of AI looks bright with generative AI and large language models with socially beneficial use cases, including waste elimination and fraud detention.
- Artificial intelligence (AI) is becoming more ubiquitous, gaining more social uses and is now more accessible to the everyday person. Those prospects are exciting but there remain challenges regarding fairness and de-biased results. And what about the unintended consequences or harms of AI? How can those working in the AI and machine learning industry ensure that AI remains a force for good?
- Panellists of the World Economic Forum AI & Machine Learning Platform Quarterly Connect grappled with those questions in a webinar on 23 March 2023.
- The panel, moderated by Kay Firth-Butterfield, Head of AI & Machine Learning at the Forum, included Armughan Ahmad, Chief Executive Officer and President at Appen, the global leader in data for the AI lifecycle; Michael Schmidt, Chief Technology Officer at DataRobot, a company focused on value-driven AI; and Daniela Braga, Founder and Chief Executive Officer at Defined.ai, which prides itself on being the largest marketplace of training data in the world with a strong ethical focus including the privacy of data and transparency.
- REFERENCE
Global push to regulate artificial intelligence, plus other AI stories to read this month
- This artificial intelligence round-up brings you the key AI stories from the last month.
- Top stories: Calls for a global summit on AI regulation; Study shows generative AI boosts worker productivity; Kuwait debuts an AI news anchor.
- REFERENCE
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REFERENCES
- Kate Whiting, AI is helping to identify skills gaps and future jobs. An expert explains how, WEF, May 1, 2023.
- Ravin Jesuthasan, Here's how companies should navigate generative AI in the world of work, WEF, April 14, 2023.
- Andrea Willige and Gayle Markovitz, The future of jobs: 2 experts explain how technology is transforming ‘almost every task’, WEF, May 1, 2023.
- Joseph E. Aoun, Here are 3 ways higher education can prepare for the generative AI revolution, WEF, May 2, 2023.
- Wendy Kopp and Bo Stjerne Thomsen, How AI can accelerate students’ holistic development and make teaching more fulfilling, WEF, May 1, 2023.
- The Growth Summit: Jobs and Opportunity for All, WEF, May 1, 2023.
- Closing gender gaps in the private sector benefits over 728,000 women, WEF, May 2, 2023.
- Future of work: the Good Work Alliance's impact on equitable and productive workplaces, WEF, April 28, 2023.
- Kay Firth-Butterfield and Hannah Rosenfeld, As generative AI gains pace, industry leaders explain how to make it a force for good, WEF, April 13, 2023.
- Cathy Li, Global push to regulate artificial intelligence, plus other AI stories to read this month, WEF, May 2, 2023.
ABOUT THE AUTHORS
Wikipedia, World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation for multinational companies based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than US$5 billion in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".
Some relevant characteristics of this "genioux fact"
- BOMBSHELL KNOWLEDGE
- Category 2: The Big Picture of the Digital Age
- [genioux fact deduced or extracted from World Economic Forum (WEF)]
- This is a “genioux fact fast solution.”
- Tag Opportunities to those travelling at high speed on GKPath
- Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
- Type of validity of the "genioux fact".
- Inherited from sources + Supported by the knowledge of one or more experts.
- Authors of the genioux fact
References
“genioux facts”: The online programme on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1109, Fernando Machuca, May 3, 2023,
Genioux.com Corporation.
ABOUT THE AUTHORS
PhD with awarded honors in computer science in France
Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.
The 100 most recent "genioux facts"
- A list of genioux facts for those taking the GKPath, the digital highway to limitless growth.
- g-f(2)1108 THE BIG PICTURE OF THE DIGITAL AGE (5/2/2023), World Economic Forum Video, Richard Baldwin - AI Is Essentially Wisdom In A Can
- g-f(2)1107 THE BIG PICTURE OF THE DIGITAL AGE (5/2/2023), WSJ, Goldman Sachs CIO Tests Generative AI
- g-f(2)1106 THE BIG PICTURE OF THE DIGITAL AGE (5/2/2023), Venture Beat, AI will unlock a new level of human potential
- g-f(2)1105 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, “genioux facts": The Golden Elixir for Limitless Brain Growth
- g-f(2)1104 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, “genioux facts": The Stepping Stone to Your Success in the New World
- g-f(2)1103 THE BIG PICTURE OF THE DIGITAL AGE (5/1/2023), geniouxfacts, Big Tech is Leading the Charge and Colonizing the New World of Transformation
- g-f(2)1102 THE BIG PICTURE OF THE DIGITAL AGE (4/30/2023), geniouxfacts, How Google, Bing, and Yahoo Respond to Search: New World
- g-f(2)1101 THE BIG PICTURE OF THE DIGITAL AGE (4/30/2023), genioux facts, How Bing Chatbot and Bard Answer the Question: Are We Living in a New World?
- g-f(2)1100 THE BIG PICTURE OF THE DIGITAL AGE (4/29/2023), genioux facts, THE NEW WORLD (g-f New World) OF TRANSFORMATION
- g-f(2)1099 THE BIG PICTURE OF THE DIGITAL AGE (4/29/2023), genioux facts, The New World Challenge: The winners are transforming while the majority is running!
- g-f(2)1098 THE BIG PICTURE OF THE DIGITAL AGE (4/29/2023), genioux facts, Generative AI: A Tool for Visionary Leaders
- g-f(2)1097 THE BIG PICTURE OF THE DIGITAL AGE (4/28/2023), Harvard Innovation Labs, Value Props: Create a Product People Will Actually Buy
- g-f(2)1096 THE BIG PICTURE OF THE DIGITAL AGE (4/28/2023), Accenture, A new era of generative AI for everyone
- g-f(2)1095 THE BIG PICTURE OF THE DIGITAL AGE (4/28/2023), Simons Institute, Building Human Intelligence at Scale, to Save the Next Generation from ChatGPT
- g-f(2)1094 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), FT, Why 3D printing is vital to success of US manufacturing | FT Film
- g-f(2)1093 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), OpenAI, OpenAI GPT-4: The Game-Changing AI Technology
- g-f(2)1092 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), MIT Sloan Executive Education, Boosting your Organizational Creativity Quotient (CQ): Embracing the Generative AI Evolution
- g-f(2)1091 THE BIG PICTURE OF THE DIGITAL AGE (4/27/2023), geniouxfacts, The Silence of Bing Chatbot, Bard's Creative "White Lie"
- g-f(2)1090 THE BIG PICTURE OF THE DIGITAL AGE (4/26/2023), HBR, 5 Ways to Future-Proof Your Career in the Age of AI
- g-f(2)1089 Multiple sources, Stanford and MIT study: Generative AI can boost productivity, improve customer satisfaction, and reduce employee turnover.
- g-f(2)1088 THE BIG PICTURE OF THE DIGITAL AGE (4/26/2023), geniouxfacts, g-f Fishing, AI Revolution, 4/25/2023, 11:11 AM
- g-f(2)1087 THE BIG PICTURE OF THE DIGITAL AGE (4/25/2023), geniouxfacts, g-f Fishing: Unlocking Unlimited Growth in the Digital Age
- g-f(2)1086 THE BIG PICTURE OF THE DIGITAL AGE (4/25/2023), geniouxfacts, The Golden Knowledge (GK) That Can Change the World
- g-f(2)1085 THE BIG PICTURE OF THE DIGITAL AGE (4/24/2023), MIT SMR, Leadership Strategies for the Hybrid Workforce
- g-f(2)1084 THE BIG PICTURE OF THE DIGITAL AGE (4/24/2023), HBR, Driving Organizational Change — Without Abandoning Tradition
- g-f(2)1083 THE BIG PICTURE OF THE DIGITAL AGE (4/24/2023), geniouxfacts, PDT: In the current state Bard and Bing Chatbot are GREAT!
- g-f(2)1082 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), geniouxfacts, Personal Digital Transformation (g-f PDT): The Key to Success in the Digital Age
- g-f(2)1081 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), HBR + Deloitte, Do You Really Know The Financial Impacts of Your Digital Transformation?
- g-f(2)1080 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), Fast Company, How AI could power advertising’s next creative revolution
- g-f(2)1079 THE BIG PICTURE OF THE DIGITAL AGE (4/23/2023), Insead Knowledge, Leading Change in Turbulence: Case of Discovery Inc.
- g-f(2)1078 THE BIG PICTURE OF THE DIGITAL AGE (4/22/2023), MIT SMR, A Better Way to Pilot Emerging Technologies
- g-f(2)1077 THE BIG PICTURE OF THE DIGITAL AGE (4/22/2023), HBR, When Scenario Planning Fails
- g-f(2)1076 THE BIG PICTURE OF THE DIGITAL AGE (4/22/2023), geniouxfacts, The AI Revolution and the Transformation Revolution
- g-f(2)1075 THE BIG PICTURE OF THE DIGITAL AGE (4/21/2023), geniouxfacts, Bard and Bing Chatbot wrote poems to make the world a better place
- g-f(2)1074 THE BIG PICTURE OF THE DIGITAL AGE (4/21/2023), geniouxfacts, genioux Fact: Bard is a poet!
- g-f(2)1073 THE BIG PICTURE OF THE DIGITAL AGE (4/21/2023), geniouxfacts, genioux Fact: Bing Chatbot is a poet!
- Some key searches on the blog