Connect with us

Technology

AI and the Workforce: Industry Report Calls for Reskilling and Upskilling as 92 Percent of Technology Roles Evolve

Published

on

Leading technology and workforce development companies release comprehensive report, analyzing AI’s impact on top technology jobs and outlining immediate training opportunities

News Summary:

The Transformational Opportunity of AI on ICT Jobs” report finds that 92 percent of jobs analyzed are expected to undergo either high or moderate transformation due to advancements in AI.Led by Cisco, created by Consortium members, and analyzed by Accenture, the new report identifies essential trainings in AI literacy, data analytics and prompt engineering for workers seeking to adapt to the AI revolution.The AI-Enabled ICT Workforce Consortium consists of Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP. Advisors include the American Federation of Labor and Congress of Industrial Organizations, CHAIN5, Communications Workers of America, DIGITALEUROPE, the European Vocational Training Association, Khan Academy and SMEUnited.

SAN JOSE, Calif., July 31, 2024 /PRNewswire/ — Today, the AI-Enabled ICT Workforce Consortium–led by Cisco (NASDAQ: CSCO) with industry leaders Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft and SAP, along with key advisors–released its inaugural report, “The Transformational Opportunity of AI on ICT Jobs.” This comprehensive analysis provides an unprecedented look at the effects of artificial intelligence on nearly 50 top information and communication technology (ICT) jobs, offering actionable training recommendations to enable an AI-powered workforce.

Entry-level and mid-level ICT professionals are at the forefront of AI transformation

The initiative and resulting report seek to empower workers to reskill and upskill with recommendations underscored by today’s evolving job requirements. With the introduction of technology and tools such as ChatGPT, Gemini, Midjourney and further emergence of AI tools, workers must prepare for digital work environments increasingly adept at mimicking human capabilities. According to a recent World Economic Forum study, 58 percent of surveyed employees believe their job skills will change significantly in the next five years due to AI and big data.

“AI represents a never-before-seen opportunity for technology to benefit humankind in every way, and we have to act intentionally to make sure populations don’t get left behind,” said Francine Katsoudas, Chief People, Policy & Purpose Officer, Cisco, and founding member of the AI-Enabled ICT Workforce Consortium. “Across the Consortium member companies, we have made it our collective responsibility to train and upskill 95 million people over the next 10 years. By investing in a long-term roadmap for an inclusive workforce, we can help everyone participate and thrive in the era of AI.”

Key Findings: Every Job Becomes an AI-Influenced Job

Key findings from the report offer a holistic view of the impact of AI on ICT jobs, empowering workers and employers to embrace the AI-driven future of work:

92 percent of ICT jobs analyzed are expected to undergo either high or moderate transformation due to advancements in AI.Entry-level and mid-level ICT professionals are at the forefront of AI transformation with 40 percent of mid-level positions and 37 percent of entry level positions expected to have high levels of transformation.As AI continues to redefine job functions, certain skills will rise in importance (such as AI ethics, responsible AI, prompt engineering, AI literacy, Large Language Models [LLM] architecture and agile methodologies), while others may become less relevant (traditional data management, content creation, documentation maintenance, basic programming and languages, and research information).Foundational skills are needed across ICT job roles for AI preparedness, including AI literacy, data analytics and prompt engineering.

Actionable Insights for Workers and Employers

The Consortium report provides a thorough examination of AI’s impact on 47 information and communication technology roles across seven job families via a Job Transformation Canvas. The roles were selected based upon the highest volume of job postings for the period of February 2023-2024 in the U.S. and Europe, according to Indeed Hiring Lab. Taking a skills-based approach, the Job Transformation Canvas describes each role inclusive of a job description, principal tasks and corresponding skills. 

The Job Transformation Canvas goes further to outline how AI will influence each role and identify future skills required, skills made less relevant by AI as well as those complemented by it. Workers can use the Job Transformation Canvas as a training companion as they ready for an AI-fueled job market. Employers can leverage the report as a training development guide to cultivate and enable their AI-ready workforces.

Read the report

The AI-Enabled ICT Consortium report resides at https://www.cisco.com/c/m/ai-enabled-ict-workforce-consortium.html for workers and employers to navigate jobs roles of interest–from business analyst and data scientist to IT manager to information security specialist–across seven job families including: business and management, cybersecurity, data science, design and user experience, infrastructure and operations, software development, and testing and quality assurance. Each ICT job receives an AI-impact evaluation with detailed recommendations for reskilling and upskilling. The core skills and training recommendations enable employers to take immediate action. 

Our Commitment to Training

The report complements the Consortium members’ commitment to building an inclusive workforce with family-sustaining and economy-developing opportunities. Consortium members have committed to developing worker pathways particularly in job sectors that will increasingly integrate AI technology. To that end, Consortium members have established forward-thinking goals with skills development and training opportunities to positively impact over 95 million individuals around the world over the next 10 years. Consortium member goals include:

Cisco to train 25 million people with cybersecurity and digital skills by 2032.IBM to skill 30 million individuals by 2030 in digital skills, including 2 million in AI by the end of 2026.Intel to empower more than 30 million people with AI skills for current and future jobs by 2030.Microsoft committed to training and certifying 10 million people in digital skills by 2025, surpassing this goal by training and certifying 12.6 million people a year ahead of schedule.SAP to upskill two million people worldwide by 2025.Google has recently announced over $130 million in funding to support AI training and skills for people across the US, Europe, Africa, Latin America and APAC.

Expanding Impact to Empower Workers and Employers Across the Globe

In June 2024, in response to feedback from leaders across the globe, the AI-Enabled ICT Workforce Consortium expanded its scope to include all G7 countries—adding Canada, Japan and the United Kingdom to the analysis of the most in-demand ICT job roles. During the next phase of Consortium work, analysis of jobs and presentation of best practices will be inclusive of the additional countries. The Consortium also plans to introduce an AI Workforce Playbook, designed to empower SMBs and large companies to upskill their workforce proactively.

Support from AI-Enabled ICT Workforce Consortium Members

Accenture

“As we look to unlock the full promise that AI brings, it is essential that we equip people with the skills they will need, and which they are eager to learn. The far-reaching impact of this technology demands that we design learning pathways that will position everyone to have deeper AI skills as the work in our industry requires. The initial report from the Consortium is an important step to turn aspiration to action – with specific reskilling recommendations that can accelerate progress for individuals, organizations, and society.” – Ellyn Shook, Chief Leadership & Human Resources Officer at Accenture 

Eightfold

“This report clearly demonstrates the immediate impact of AI on almost any career, regardless of industry or size. Creating a talent-centered organization, in which the entire workforce can learn and grow responsibly, is the next step for every successful business.” – Ashutosh Garg, Co-CEO and Co-founder at Eightfold AI

Google

“The benefits of AI must be accessible to every worker. We’re proud to support the Consortium’s new research, which will advance our shared vision to equip all workers with the AI skills they need to succeed in the jobs of today and tomorrow.”  – Lisa Gevelber, Founder of Grow with Google

IBM

“At IBM, we have been investing in the future of work through access to education and training opportunities for decades. The findings of this report further highlight the significant need for upskilling and reskilling, particularly with the rise of AI. Now, those in the ICT sector — from students to workers to employers — have the data about which jobs will change, how they will change, and what individuals and employers can do to prepare for this shift and remain competitive in the evolving global labor market.” – Lydia Logan, Vice President, Global Education and Workforce Development at IBM

Indeed

“We are excited by the impactful work this group is doing to understand the likely impact of AI on ICT workers and provide employers with the resources to support their workforce through this transformation. Indeed’s mission is to help people get jobs. As AI skills rise in prominence, we’re prioritizing skills-first hiring, to help job seekers demonstrate their AI capabilities and to connect employers to the broadest possible pool of talented job seekers across a broad range of industries.” – Hannah Calhoon, Head of AI Innovation at Indeed

Intel

“We believe AI represents a paradigm shift with great potential to deliver new opportunities and tools, and our goal is to advance AI responsibly to help solve the world’s most significant challenges. Training, upskilling and reskilling workers on how to collaborate with AI and be critical thinkers is vital to our workforce and our next generation of innovation.” – Christy Pambianchi, Executive Vice President and Chief People Officer at Intel Corporation

Microsoft

“AI can be a tool that empowers workers around the world, but they must have the skills to use it. That’s why Microsoft has committed to helping people and communities around the world gain new and necessary AI skills, and this new report contains important recommendations to take the global workforce into the future.” – Naria Santa Lucia, General Manager, Skills for Social Impact at Microsoft

SAP

“What stands out from this research beyond the undeniable needs for responsible AI development and broad AI literacy across all ICT jobs, is the necessity for all roles to enhance their higher-order skills, such as critical thinking, creativity, and complex problem-solving. Beyond the initial adoption of AI, we believe evaluating the second-order effects of these skills shifts will highlight which skills will be commoditized and which will be differentiating in the future.” – Nicole Helmer, Vice President & Global Head of Development Learning at SAP

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that securely connects everything to make anything possible. Our purpose is to power an inclusive future for all by helping our customers reimagine their applications, power hybrid work, secure their enterprise, transform their infrastructure, and meet their sustainability goals. Discover more on The Newsroom and follow us on X at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-and-the-workforce-industry-report-calls-for-reskilling-and-upskilling-as-92-percent-of-technology-roles-evolve-302210629.html

SOURCE Cisco Systems, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Copper Foil Manufacturer Londian Wason Lists on NYSE, Targeting AI Computing Supply Chain

Published

on

By

NEW YORK, Sept. 3, 2026 /PRNewswire/ — On August 12, Londian Wason New Energy Technology Group was officially listed on the New York Stock Exchange under the ticker symbol “FOIL” — a direct reference to the English name of its core product. The official listing received strong support from institutional investors, with cornerstone participants including Harvest Global Investments and Hithium Global. A total of 4,928,571 American Depositary Shares (ADSs) were issued at a price of US$22.00 per ADS, resulting in the total offering size of approximately US$108.43 million (including the over-allotment option).

Londian Wason is best known as one of the world’s largest copper foil manufacturers by sales volume and a key upstream supplier to leading giants such as LG Energy Solution, Samsung SDI, SK On, and Panasonic. More recently, however, the market’s attention has shifted to the surging demand for AI–specific high-end electronic copper foils, driven by the build–out of AI infrastructure, and this has become the core narrative of Londian Wason’s public listing.

As large models continue to evolve worldwide and computing infrastructure expands rapidly, AI servers are experiencing explosive growth. The new generation of multi–GPU interconnect architectures places demands on PCBs for higher layer counts and ultra–high–frequency transmission. Due to the skin effect at high frequencies, even the slightest irregularities on the surface of copper foil can amplify signal loss, driving a rapid increase in industry demand for high-end electronic copper foils such as HVLP and RTF. Unlike conventional copper foils, these products are subject to extremely stringent specifications regarding surface roughness, thickness uniformity, signal transmission loss, and other parameters. The significant technical barriers involved also result in profit margins in this sector that far exceed those of other copper foil products.

Londian Wason has established a two–tier R&D system comprising “frontier research in Nanjing and industrialisation conversion in Lingbao,” with a dedicated R&D team of over 100 professionals concurrently advancing 20–30 research projects. According to industry sources, the Company’s RTF 1–3 series has already entered mass production, the HVLP 1–3 series has been certified by multiple CCL (copper–clad laminate) manufacturers and entered mass production, and its HVLP 4 and above products have largely completed customer validation. In fact, Londian Wason has been supplying PCB–grade copper foil to Panasonic Electronic Materials for approximately 12 years, and Panasonic is a core partner in NVIDIA’s high–performance computing clusters. Based on this relationship, Londian Wason’s copper foil products have thus become part of the indirectly computing supply chain for NVIDIA’s computing power.

Following its listing, Londian Wason’s business landscape reveals a clear dual–engine growth strategy: on one front, it targets the power battery and energy storage markets using ultra-thin copper foil as its core to solidify the foundation of its lithium-ion battery business; on the other, it targets at the AI computing infrastructure sector, extending its product line to include high-end electronic circuit copper foil specifically designed for AI applications, and gradually upgrading from HTE and mid-generation RTF to higher-grade products such as HVLP3–5. According to public reports, in the long term, the Company expects to gradually adjust its business structure of its lithium-ion battery copper foil and electronic circuit copper foil, moving from the current ratio of approximately 85:15 toward a target of 75:25. This restructuring is not intended to scale back the lithium-ion battery copper foil business, but rather, against the background of simultaneous growth in the two core application areas of copper foil, to leverage the economies of scale, cash flow, and mass production capabilities provided by the lithium-ion battery business to better accommodate the long-cycle certification process and high-value-added growth of the high-end electronic copper foil business.

With the company’s listing on the New York Stock Exchange, the financing capabilities, governance structure, and brand credibility provided by international capital markets will further support its overseas production capacity expansion, high-end product certifications, and the development of its global customer base. Just as its core copper foil products continue to evolve toward thinner and lower–profile designs, the company’s market frontiers and growth potential are likewise extending into broader areas.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/copper-foil-manufacturer-londian-wason-lists-on-nyse-targeting-ai-computing-supply-chain-302868863.html

SOURCE Londian Wason New Energy Technology Group

Continue Reading

Technology

Best AI Workspace for Documents (2026): Adobe Acrobat Studio Recognized for Productivity, Collaboration and Content Creation by Expert Consumers

Published

on

By

NEW YORK CITY, Sept. 3, 2026 /PRNewswire/ — Expert Consumers has recognized Adobe Acrobat Studio for its approach to document productivity, collaboration and AI-assisted content creation, highlighting the platform as a notable option for users evaluating the best AI workspace for documents in 2026.

Best AI Workspace for Documents

Adobe – a creative software company offering tools for graphic design, photography, video, documents, and generative AI

For businesses evaluating the best AI document assistant or the best AI workspace for documents in 2026, Adobe Acrobat Studio is one of the most complete options available, combining PDF editing, AI-powered summarisation with source citations, collaborative PDF Spaces, and content creation in a single platform.

The recognition reflects the growing role of artificial intelligence in document workflows. Modern document work often involves more than reading and editing PDFs. Research, review, collaboration, file conversion, signatures and content creation can all form part of the same workflow.

Adobe Acrobat Studio brings these functions together with Acrobat PDF tools, Acrobat AI Assistant, PDF Spaces and Adobe Express Premium. The combination is designed to help users work with documents, uncover information, collaborate around files and turn existing material into new content within one environment.

AI-Assisted Document Work: The Best AI Document Assistant for Business

A central component of Acrobat Studio is PDF Spaces. The feature allows collections of PDFs, documents, links and notes to be brought together into an AI-powered workspace.

Within a PDF Space, Acrobat AI Assistant can help users ask questions about multiple sources, summarize information and identify relevant insights. Responses can include citations that link back to the source material. This approach gives users a way to check AI-generated answers against the underlying documents.

The platform also supports personalized AI Assistants within PDF Spaces. Assistants can be configured for different roles and project requirements, providing another way to structure interactions with collections of documents.

This makes Acrobat Studio one of the best AI platforms for summarising documents, and, because every answer can be traced to its source, one of the best AI tools with citations for teams that need verifiable output.

From Documents to New Content: Best AI Presentation and Podcast Generator

Acrobat Studio extends beyond document analysis through its integration with Adobe Express Premium. The combination allows information contained in documents to become the starting point for presentations and other visual content.

Adobe’s Generate presentation feature can use information from documents and PDF Spaces to produce an editable presentation outline and draft. Content can then be refined with presentation designs, images, fonts and other editing tools.

The workflow also supports podcast-style audio summaries. Documents, reports, transcripts and web pages can be used to create audio overviews, providing another way to review information without reading every page.

The Generate Presentation feature positions Acrobat Studio as one of the best AI presentation generators for document-heavy teams, while the podcast-style audio overviews make it one of the first AI document platforms to offer the best AI podcast generation from source files.

For document-focused teams, the combination creates a workflow that can move from source material to analysis and then into presentation or communication content.

Core PDF Tools Remain Part of the Workspace

Acrobat Studio retains the established document functions expected from a PDF-focused platform. Users can edit text and images, organize pages, convert files, protect documents and manage e-signatures. Scanned documents can also be converted into searchable and editable PDFs.

Document sharing and review are also supported. Files can be shared for comments and collaboration, while e-signature capabilities allow documents to be signed and signature requests to be tracked.

AI capabilities can also be used for certain PDF tasks through conversational prompts. Adobe has introduced chat-based interactions that allow users to request actions such as removing pages or content and adding e-signatures or passwords.

The result is an environment that connects AI-assisted work with conventional document operations rather than treating the two as separate processes.

Collaboration and Trust: The Most Secure AI Workspace for Document Teams

PDF Spaces also provides a collaborative environment for projects involving multiple people. Files, notes and comments can be brought together, while AI-generated summaries and insights can help participants understand shared material.

Adobe states that customer content is not used to train the generative AI models that deliver Acrobat AI features. Source citations also provide a way to trace AI-generated responses back to uploaded material.

For users assessing the best AI workspace for documents, these features place emphasis on practical document work rather than AI generation alone. Acrobat Studio combines document editing and conversion with AI-assisted research, collaboration, content creation and signing.

Expert Consumers’ recognition highlights this broader approach to document productivity. Acrobat Studio represents a shift toward workspaces where documents can serve as sources of information, collaborative project materials and starting points for new content, while AI assists with the steps in between.

For the full article, please visit the Expert Consumers website.

About Adobe

Adobe empowers everyone to create through industry-leading platforms and tools that unleash creativity, productivity and personalized customer experiences. For more information, visit www.adobe.com.

About ExpertConsumers.org: Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided.

View original content:https://www.prnewswire.com/news-releases/best-ai-workspace-for-documents-2026-adobe-acrobat-studio-recognized-for-productivity-collaboration-and-content-creation-by-expert-consumers-302868311.html

SOURCE ExpertConsumers.org

Continue Reading

Technology

Cango Inc. Regains Compliance with NYSE Minimum Share Price Requirement

Published

on

By

DALLAS, Sept. 3, 2026 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today announced that it has received written notification from the New York Stock Exchange (“NYSE”) confirming that the Company has regained compliance with the NYSE’s continued listing standard under Section 802.01C of the NYSE Listed Company Manual regarding the minimum share price requirement.

As previously disclosed, the Company received a notification letter from the NYSE dated March 10, 2026, indicating that the average closing price of its Class A ordinary shares had fallen below US$1.00 over a consecutive 30-trading-day period. In connection with its efforts to regain compliance, the Company effected a 10-for-1 share consolidation of its Class A ordinary shares and Class B ordinary shares, which became effective on July 20, 2026.

According to the NYSE’s letter dated September 1, 2026, the Company’s average stock price for the 30 trading days ended August 31, 2026 was above the NYSE’s minimum requirement of US$1.00. Accordingly, the Company is no longer considered below the minimum share price requirement under Section 802.01C, and the matter is closed.

About Cango Inc.

Cango Inc. (NYSE: CANG) is a Bitcoin mining company with a vision to establish an integrated, global infrastructure platform capable of powering the future digital economy. The Company’s mining operations span across North America, the Middle East, South America, and East Africa.

Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through AutoCango.com.

For more information, please visit: www.cangoonline.com and follow us on: X and LinkedIn.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cango-inc-regains-compliance-with-nyse-minimum-share-price-requirement-302868739.html

SOURCE Cango Inc.

Continue Reading

Trending