Damien mentioned that AI is going to enable significant changes in the way jobs are being looked at. He referred to the previously mentioned Coca-cola story. He believed that the best leaders are the one that is going to be more empathetic. These leaders want to develop their people rather than hire and fire. Companies are going to develop the internal center of excellence around AI. However, Andrew pointed out that there is a practical aspect of developing people’s skills. He asked about how do companies assess their returns in developing skills in their people. He gives the chicken rice hawker example and asked Damien how long does it take for the chicken rice hawker to be a coder? How long does it take for the chicken rice hawker to be a people manager to enable change management? Damien acknowledged that there has not been a definite way to assess that at the moment and a lot of leaders are making those decisions based on trust and their gut feel. However, he believed that by-laws of a large number, if a company reskill 10,000 people, there will be some workers/employees/talents that will eventually be reskilled and redeployed. Hence he mentioned that it is key to note that leaders will eventually find themselves transforming the company at 2 speeds. The first speed is the rate at which companies bring in a team of external experts/consultants/gigsters on AI, digital transformation, and change management. They come in to set the stage and get some early wins to prove the case for digital transformation, so that people in the organization can change their mindset and behavior and that new culture becomes part of the company’s DNA. The second speed is the rate at which the business leaders develop the skills of their people and grow the capabilities that these experts help them set up.
Section 1: About the show
Section 2: About the guest
Section 3: Guest telling his story
Section 4: AI on the future of work (FOW)
Section 5: The transition effect of AI
Section 6: 2 speeds of digital transformation in deploying AI
SUMMARY KEYWORDS
ai, people, job, damien, companies, business, digital, retrenchment, organization, podcast, startup, world, roles, experts, digital transformation, nus, develop, upskill, ideal candidate, big
Shownotes: http://www.andrewliewweida.com/blog/damien-cummings-on-ai-on-the-future-of-work
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