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Cisco Leads Major Companies in AI-Enabled Workforce Consortium

Cisco Leads Major Companies in AI-Enabled Workforce Consortium

By
Alessia Romano
3 min read
TelecommunicationsAI

Key Takeaways

  • Cisco spearheads AI-Enabled Information and Communication Technology Workforce Consortium with eight major companies.
  • Consortium focuses on upskilling and reskilling roles susceptible to AI disruption, aiming to prepare workers for AI's effects on ICT job roles.
  • Cisco and the consortium plan to produce a comprehensive report offering actionable insights for employers and employees, with a commitment to train millions of individuals.
  • The initiative aims to support workers in underserved communities, offering inclusive training programs to benefit millions worldwide.
  • The Talent for Growth Task Force, established by the US-EU Trade and Technology Council, influences the consortium's aim to build middle-income careers for workers across both economic regions.

News Content

Cisco, along with Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, has unveiled the AI-Enabled Information and Communication Technology (ICT) Workforce Consortium. The initiative aims to prepare workers for the impact of AI through upskilling and reskilling programs. The companies will assess AI's impact on job roles and provide access to training programs. The consortium's initial phase will produce a comprehensive report offering insights for employers and employees, with a collective pledge to develop inclusive training programs for millions worldwide.

Cisco plans to train 25 million individuals in cybersecurity and digital skills by 2032, with other companies also committing to training millions. The consortium's formation was influenced by the Talent for Growth Task Force, established by the US-EU Trade and Technology Council. The initiative is designed to create middle-income careers for workers across both economic regions. The ultimate goal, as stated by Cisco EVP Francine Katsoudas, is to ensure that the AI revolution leaves no one behind.

The initiative underscores the potential of AI to reshape the workforce, and the collaboration of these major companies signifies a concerted effort to equip workers with the necessary skills. The consortium's focus on inclusive training programs also reflects a commitment to support underserved communities and address the challenges posed by AI's disruptive effects.

Analysis

The formation of the AI-Enabled Information and Communication Technology Workforce Consortium by major tech companies, including Cisco, reflects the direct cause of preparing workers for the impact of AI through upskilling and reskilling programs. In the short term, it will provide access to training programs and produce a comprehensive report offering insights for employers and employees. Long-term consequences could include the development of middle-income careers and addressing the disruptive effects of AI. The consortium's commitment to training millions and inclusive programs aims to support underserved communities. The ultimate goal is to ensure the AI revolution leaves no one behind, signaling a shift in workforce preparation.

Do You Know?

  • AI-Enabled Information and Communication Technology (ICT) Workforce Consortium: A collaborative initiative involving Cisco, along with Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP, aiming to prepare workers for the impact of AI through upskilling and reskilling programs. The consortium will assess the impact of AI on job roles and provide access to training programs, with a focus on creating inclusive training programs for millions worldwide.

  • Talent for Growth Task Force: An influential group established by the US-EU Trade and Technology Council which has influenced the formation of the AI-Enabled Information and Communication Technology (ICT) Workforce Consortium. The task force is designed to create middle-income careers for workers across both economic regions, with a goal to ensure that the AI revolution leaves no one behind.

  • Cisco's Commitment to Training: Cisco plans to train 25 million individuals in cybersecurity and digital skills by 2032 as part of the consortium's efforts, with other companies also committing to training millions. This reflects a collective effort to equip workers with the necessary skills in the face of AI's transformative effects on the workforce.

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