Generative artificial intelligence (GenAI) is poised to transform the technology and life sciences sectors in New Jersey, according to a new report by the Heldrich Center for Workforce Development. The report provides an overview of GenAI's impact on work in the United States and its potential effects on workers and employers within these industries.
GenAI is described as a machine-learning technology that leverages reasoning, problem-solving, and creativity to produce original content from various forms of data such as text, audio, and visual media. Its deployment is expected to significantly alter products and processes in businesses and governmental agencies globally.
The Heldrich Center's report examines both theoretical and practical applications of GenAI in New Jersey's life sciences and technology sectors. It also highlights how local businesses and organizations are exploring or adopting this technology. Additionally, the report includes survey data, recent initiatives, partnerships, and events organized by related organizations in the New York tri-state area.
Furthermore, the document outlines considerations for workers, employers, and policymakers regarding GenAI implementation. It suggests actions like reskilling, training programs, and policy development to support successful integration into workplaces.
