Despite significant layoffs in the tech industry over the past year, the unemployment rate for technical jobs remains remarkably low at 2.3%, as reported by the US Bureau of Labor Statistics. This tight labor market poses a challenge for employers as they struggle to find the skilled talent they need.
Fortune 500 companies have already invested in accelerating their plans to incorporate Artificial Intelligence (AI) into their organizations and products. As a result, there is an anticipated surge in hiring to support these AI initiatives.
To effectively implement their AI plans, organizations are following key phases: