Jason Schupbach, president of the Fashion Institute of Technology, wrote a piece for FastCompany suggesting that creative economy has a significant advantage in an AI focused business world.
He cited a study from PwC which found:
“…entry-level jobs most exposed to AI are now seven times more likely than others to require skills once reserved for senior roles, including leadership, strategic thinking, and judgment.”
The situation seems pretty daunting for recent graduates who had previously been able to develop discernment and judgment over the course of their career and are now being expected to exhibit themwhen they walk through the door.
The source of the competitive advantage possessed by those in the creative economy isn’t a big revelation – it is the cycle of failure and iteration along with curiosity, inquiry, and experimentation that are central to all creative disciplines.
Because companies expect these skills on day way and aren’t likely to patiently wait for new employees to develop them, Schupbach says it is up to teachers, mentors, and alumni to cultivate these skillsets among younger generations.
