The 2024 Annual Trends report by Cornerstone OnDemand highlights the evolving skills economy, emphasizing the shift from physical to intangible assets like skills and knowledge. Technological advancements, particularly AI and automation, are rapidly changing skill requirements, with 40% of employees needing new skills by 2026. The demand for digital skills, including data analytics and AI, is rising globally. Socio-economic factors like globalization, flexible work, and sustainability also impact skill needs. Companies investing in skill development see significant benefits, including higher innovation and profit margins.

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