Remaining Stable During Rapid Innovation & Change

One of the most historically proven, reliable, risk-adjusted, and consistent ways to earn income is the good ol’ J.O.B.

Full-time employment often gets a bad rap when it comes to building wealth, but it is an engine designed to support the average individual with an average level of competence.

This is key to understanding the essential role employees play within the current capitalist structure.

It is my belief that there are more failed businesses than employees who are fired.

That being said, jobs are never secure, especially in the midst of unparalleled and unprecedented innovation driven by the advancement of AI.

Recently, NVIDIA CEO Jensen Huang said in an interview that if he had to choose between a college graduate who is an expert in AI and an experienced professional who does not understand AI, he would choose the recent graduate.

AI is not only impacting how we do our jobs and what jobs exist, but also how employees are hired and selected.

In a compelling article by Emma Ockerman, recent research indicates that 72% of employees in the United States do not feel secure in their current positions.

There is a shift happening in the current competence hierarchy, and employees are feeling it.

Whether they have been directly impacted yet or not, 72% of employees believe they will be.

So how can you best prepare?

Become an expert at using AI in your field.

Huang did not say he would only use AI, he said he would hire an “accountant who is an expert with AI.”

Do not immediately job hop and lose the momentum of your career. Instead, become the leader in your space by mastering how AI is used within your field.

Creative destruction is better for the economy in the long run, despite its harmful and emotionally challenging impact in the present.

Update your LinkedIn. Here is my advice on how to maximize the value of that network:

  • Reach out to friends, family, and colleagues to strengthen your relationships.
  • Attend AI training events and leverage digital courses.
  • Optimize your LinkedIn presence. Here are my recommended best practices.

But most importantly, experiment.

Even the “AI experts” or the thousands of “AI startups” claiming to have the golden bullet are still figuring it out.

Maximizing your value requires fully utilizing AI within your existing field and expertise, not abandoning it.

Just because the job market is disruptive does not mean it is no longer an effective way to earn income. Adaptation, however, will become increasingly necessary to remain stable in times of rapid innovation and change.

3.26.26

By Noah Cisneros

Disclaimer: 

This article is not sponsored or approved by any financial institution that I am associated with. I am NOT a certified personal financial advisor. I am NOT a professional investor. This article is purely educational to provide helpful ideas to improve life. Please use the tools within your reach to personally make any and all decisions for your finances.