Half of London's businesses say workforce are not equipped to meet organizational requirements in the age of AI

• Significant skill shortages have more than tripled since last year
• Workers are even lacking in basic digital literacy and skills
• Four in five London companies are increasing training investment

In a survey of more than 2,000 London business leaders, one in two believe their workforce doesn't currently have the skills required to meet their AI adoption needs.

Though this is a decrease compared with 63% last year, it still leaves half of companies struggling to keep pace with AI.

However, the proportion of businesses reporting significant skill shortages rose to 15% this year, compared with just 4% last year, implying that even basic training isn't being taken care of.

The AI skill shortage is growing

According to BusinessLDN, this is the highest level recorded since the annual survey began. But besides significant skill shortages, more than a third (35%) also warned they face moderate shortages.

AI aside, 60% also noted...

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