reskill

They are aware AI will change jobs—eradicating many while creating new ones—but they struggle to figure out how best to use the employees they have and reskill them for new roles.

See also the pledge to invest £500m to support new jobs and reskill people.

"We need a whole mix of ways to get people back into the workplace and to reskill and retrain them and this was one element of that."

Mr Ross said his company had helped reskill about 40 people in the past six months who were being made redundant at Tata.

In its latest report, released Wednesday, 77% said they were planning to reskill and upskill their existing workers between 2025 and 2030 to work alongside AI, CNN reported.