Communications of the ACM
Democratization of AI Could Prevent the Great Resignation
There are two certainties about the state of the technology world today: multitudes of people are leaving their jobs and AI adoption is on the rise.
It's no secret that the technology industry has been hit hard by the Great Resignation. However, even with a looming recession, tech skills remain in high demand and competition for talent between big players like Google and Amazon means companies need to find ways to retain these workers.
Instead of putting all their efforts into compensation and signing bonuses, companies can consider a different approach to IT employee retention: training employees in new skills, particularly artificial intelligence (AI). Especially for younger companies and startups that do not have enough capital to fund lofty salaries, AI's democratization in the workplace provides an opportunity for employers to avoid the sting of resignation by improving or expanding the skills of existing employees.
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