The word “shortage” has become part of our news headlines recently and it is causing some major issues. Shortages of everything from lumber to microchips and even workers are causing prices to rise and making our lives (both personally and professionally) more challenging.
There is a war about to happen and no – it is not some geopolitical clash. Instead it is a huge challenge that businesses are going to be facing for many years ahead. It is a war for tech talent.
COVID did its share of damage to our global economy, but it also caused an unprecedented wave of tech adoption for businesses across all industries. As companies learned to work remotely and connect with customers virtually, they essentially crammed a decade’s worth of tech adoption and digital transformation into a single whirlwind year.
We have been hearing for years that the combination of AI and advances in robotics is going to cause us all to lose our jobs. But, that fear is completely unrealistic and something that is not worth your worry. Instead, what we really should be worried about is a massive shortage of skilled labor.