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The New Era of Tech Employment — Adapting to AI
The new job market looks like a circus. AI has significantly and profoundly impacted all types of tech employment. Traditional IT roles are rapidly changing, salary expectations are adjusting, and the demand for AI-specific skills is surging. This shift is not just a fleeting trend but a fundamental change that could redefine the trajectory of tech careers. “You Lost Your Job. Now What? Surviving the AI Shift” can help you navigate all the changes. But, before we talk about that…
The New Tech Employment Reality
In the new IT job market, it’s evident that professionals without AI skills face significant challenges. According to The Wall Street Journal, the U.S. IT sector is anticipated to shrink further, with an estimated reduction of 20,000 to 30,000 jobs in 2024 alone, as AI continues to automate tasks traditionally performed by humans. The unemployment rate for IT professionals currently sits at 4.3%, slightly above the overall U.S. rate of 3.9%. This increase underscores a growing mismatch between the skills job seekers possess and what employers now demand, particularly in AI.
Professionals who previously enjoyed high salaries and a robust demand for their skills find themselves in unfamiliar territory. Those laid off are not finding new roles as quickly as before due to this skill gap…