AI frenzy gives tech a needed jolt

A surge in artificial intelligence research and development is boosting the layoff-riddled tech industry, helping it edge closer to another upswing. The tech sector bounced from a pandemic-era hiring boom to thousands of job cuts to open 2023, but some say the industry has discovered the spark for its turnaround in AI. Entrepreneurs are founding startups in a dash to capitalize on the broadening use of AI at work, with investment capital close behind. Efficiency is also helping: investors say a lean company launch has never been easier.

 

By Todd Dybas, Editor at LinkedIn News

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Scared tech workers are scrambling to reinvent themselves as AI experts

The AI specialist is the new “it” girl in tech.

Tech workers pivot to AI  Getty Images
Rani Molla is a senior correspondent at Vox and has been focusing her reporting on the future of work. She has covered business and technology for more than a decade — often in charts — including at Bloomberg and the Wall Street Journal.

While tech workers are dealing with pay stagnation, layoffs, and generally less demand for their skills than they’d enjoyed for the past decade, the artificial intelligence specialist has become the new “it” girl in Silicon Valley.

“All of the products that we’re working on, that we’re seeing today, are shifting toward that AI-powered type of operation,” said Zac Brown, founder of the AI startup NonprofitsHQ. “This is a rough time to be a regular software engineer.”

When Brown was looking for jobs last year, he hadn’t updated his resume to focus on all the work he’d done with AI in his previous roles. Previously, the 28-year-old had been used to companies tripping over themselves to talk to an experienced software engineer, but all of a sudden, he wasn’t seeing the same interest.

“I was a software engineer, because that’s what I always was,” Brown told Vox. “I realized this last time I was looking, you have to highlight the AI that you’ve got, because that is what’s attractive to companies right now.”

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