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A.I. Buzz Is Causing a Tech Labor Shortage in Both Silicon Valley and New York

The ultimate goal of artificial intelligence is to replace human labor. But, before getting there, we need more humans to work. The viral popularity of artificial intelligence in the tech community in recent years has spurred a surge in demand for workers with relevant skills. But turning buzz into reality takes time. Even the labor market in the country’s hottest tech hubs has yet to catch up.

recent survey of 80 leading tech companies in New York City by consulting firm Accenture and nonprofit Tech:NYC found that, despite a growing hiring need, employers struggle to find enough qualified candidates to fill tech positions, primarily in artificial intelligence, product engineering and web engineering. Half of the surveyed companies say they don’t feel optimistic about finding qualified candidates in New York. 

The demand also seems urgent. About half (49 percent) of the companies in Accenture’s survey expressed worry that they won’t be able to innovate at the current pace if they can’t fulfill hiring needs in the next 12 months.

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