Over the past two decades, the median working age in the U.S. has risen from 40.3 to 42.4 years old. Two years might not sound like a big change, but our aging workforce matters from a demographic change perspective.
As our workforce ages into retirement, the hard-won knowledge and experience of older executives is leaving the corporate workforce along with them. This ‘brain drain’ means that corporations no longer have access to legacy knowledge and the replenishing force of younger generations is lacking in mentorship.
Can AI along with fractional employment step in to fill the widening gaps in our workforce? Investors and founders who are looking for new problems to solve in the future of the American workforce: there is a major opportunity here.