Europe’s Skilled Labor Shortage: How AI Can Help and the Importance of People in Driving Success

Can AI fill in for absent employees?

Kirsten Rulf, a partner at BCG in Berlin, believes that artificial intelligence (AI) is the key to addressing Europe’s skilled labor shortage. She points out that Austria alone lacks 28,000 IT skilled workers, with millions of shortages across Europe. Rulf also highlights the lack of teachers to train future skilled workers as a significant challenge.

As an expert in Responsible AI and Generative AI, Rulf advises clients globally on the use of artificial intelligence. She has been involved in shaping digital and data policies in Germany and has advised top leaders like Angela Merkel and Olaf Scholz on AI matters. Rulf acknowledges the risks associated with AI, such as cyberattacks and misinformation, but also highlights its potential to drive economic progress.

Rulf believes that Europe has the opportunity to lead in AI applications but stresses the importance of transforming companies to leverage this technology. She emphasizes that successful AI implementation is not just about technology but also about people and their ability to apply AI effectively in businesses. Rulf will be speaking at the upcoming KitzSummit, where top experts will discuss the new world order, Europe’s role, and global labor market challenges.

KitzSummit is organized by Gabi Spiegelfeld and Christian Harisch in Kitzbühel and will host a lineup of influential speakers and guests, including government officials, industry leaders, and experts in various fields. The summit will delve into critical topics like geopolitics, Europe’s position in the changing world order, and workforce trends. Previous attendees include prominent figures from politics, business

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