A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions is returning to the spotlight. Decart is building what its CEO and co-founder Dean Leitersdorf (pictured above, right) describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer products based on the lab’s work. […]
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Here are three ways you can start to level up your career — even before the end of 2024, according to workplace experts.
Get better with AI
Sean Barry, the vice president of talent acquisition at Allstate, told Business Insider that workers should try to become more proficient in artificial intelligence.
He said it's essential to realize that the technology will put a premium on a new set of skills for many people — like how to create an appropriate prompt for generative AI.
"That is not a skill that anybody talked about two years ago, and it's critically important now," Barry said, adding that people who are better at this will likely do better in their careers.
One way to improve your AI skills is simply to use it. Start by trying out chatbots and seeing what works.
It's become a cliché to say that AI won't replace you, but someone who knows how to use it will. Yet there are areas where AI might replace humans, which is why a better understanding of how AI works can be beneficial.
Kiki Leutner is cofounder of SeeTalent.ai, which is developing tests run by AI that would simulate tasks associated with a job to help the hiring process. She told BI that, traditionally, employers tended to use such tests for more senior roles only where it was worth the money and effort. Or, a company might give a software developer a coding task as a way of measuring proficiency.
Leutner said Generative AI can let employers test far more job seekers and across a broader range of roles than would otherwise be practical. Plus, she said, AI-run assessments can collect insights that previously were difficult to capture, such as how someone might interact with others.
Success in such areas often involves the soft skills employers say they're seeking and many bosses contend too many workers lack.
Share your skills by volunteering
You might feel too busy at work, yet carving out some time to help others can help you. A recent study from the University of Oxford found that volunteering proved more effective in boosting worker well-being than other interventions.
It's especially beneficial if it involves using your skills to assist others, according to Leila Saad, CEO of Common Impact, a nonprofit that connects companies and their workers with other nonprofits.
Saad told BI that many nonprofits lack the resources to meet all of their operational needs. So, when workers with that expertise can help, it benefits both the organization and the worker, she said.
"It feels good to give back skills you've honed over your entire career," she said.
That often trumps something like showing up for a one-off event like painting a school or planting trees, Saad said.
Beyond that, she said, workers — and their employers — can benefit if the employee might develop additional skills through volunteering.
Jennifer Schielke, the CEO of the staffing firm Summit Group Solutions and the author of "Leading for Impact," previously told BI that volunteering — even after something traumatic like losing a job — can help those newly out of work get a sense of perspective.
"If you have time to volunteer, go do it," she said. "Go get some encouragement by sitting alongside someone who has it worse than you do."
Consider starting a side hustle
Side hustles get a lot of attention when they're lucrative, yet there can be other benefits. They can be limited to weekend jobs, so workers' weekdays aren't too full. In other cases, side hustles might relieve burnout.
They can also make workers feel empowered.
Daniel Zhao, the lead economist at Glassdoor, told BI that workers in some industries feel stuck in their 9-to-5 roles because of lackluster hiring. That might be one reason more workers are picking up side hustles.
Zhao pointed to data gathered by Glassdoor and the Harris Poll. In a February survey of some 1,100 US adults, 39% reported having a side gig. The share was higher among younger workers: Fifty-seven percent of Gen Zers and 48% of millennials reported doing work in addition to their primary roles.
"Workers are much more willing to experiment nowadays," Zhao said. He pointed to rates of entrepreneurship, which he said "skyrocketed" during the pandemic.
Zhao said it's good news that entrepreneurship rates remain elevated following a "fairly weak" 2010s and said it indicates America's entrepreneurial spirit has recovered.
New business applications in the US have jumped to 431,000 a month in 2024, up 47% from 293,000 a month in 2019, Zhao said.
"Not only is that an opportunity for people to supplement their income on the side, but it also opens up new opportunities, new ideas, new technologies that can potentially boost the economy in the long run," he said.
