According to a recent Nash Squared/Harvey Nash report, artificial intelligence has sparked the largest technology skills shortage in over 15 years. The report highlights that AI has surged to become the most scarce technology skill, jumping dramatically from sixth place in just a year and a half.
Key Points
- 51% of tech leaders report an AI skills shortage, up from 28% last year, marking an 82% increase.
- 90% of technology leaders are piloting or investing in AI, but 67% have not seen measurable ROI.
- Companies not upskilling in GenAI may struggle to adapt to the new landscape.
- Large organisations with over $500 million tech budgets are more likely to see returns from AI investments.
- There is a significant increase in demand for cyber skills due to rising cyber-attacks.
- Efforts in Diversity, Equity and Inclusion (DEI) continue, though gender representation in tech remains flat.
Why should I read this?
If you’re in tech or HR, you can’t afford to skip this. The article reveals a serious skills crunch that’s reshaping how companies must think about hiring and upskilling in the AI era. With such insights, you’ll not only be in-the-know but also ahead of the curve in the talent game.