Most women (90%) view Generative AI as essential for their professional growth and view GenAI tools as critical for career development, according to a Nasscom-Boston Consulting Group report.
However, just 35% of women feel fully prepared to use these tools, with the readiness gap widening further in non-tech roles.
As GenAI is expected to account for 33% of the global AI landscape by 2027, the AI market is expected to grow at a CAGR of 25-35%, reaching US$320-380 billion.
The report indicates that women are highly committed to succeeding in both AI and Generative AI, with 95% of juniors, 96% of mid-management and 100% of senior respondents willing to invest extra time for professional growth.
Almost half (45%) of women in tech roles report increased confidence after mastering AI tools, with one-in-five women using these tools almost daily.
However, barriers of limited knowledge, lack of trust and restricted access hinder adoption, particularly at senior levels.
“AI development is showing no signs of slowing down, so it’s important that staff equip themselves with the skills and understanding to bring it into their role,” said Sheila Flavell CBE, Chief Operating Officer for FDM Group. “AI has the potential to level the playing field in the workplace, closing the gender gap in tech and those adept in maximising its benefits, while mitigating risks, will be highly sought after to lead AI projects.
“Businesses should recognise the transformative potential that AI can have, not only for their business but for their people and provide training boot camps to support staff,” added Flavell. “As part of this, businesses should implement experiential learning into their training, giving staff hands-on experience with the AI technologies they’ll be using in their day-to-day to ensure they feel comfortable and confident to make AI work for them.”
The report highlights the need to address these challenges, including knowledge gaps to increase GenAI adoption among women.
“As businesses continue to embrace AI, it is set to dominate the tech industry, but it is essential to tackle the challenges of digital transformation through focused reskilling and upskilling initiatives,” said Lauren Hine, Chief for UK Marketing & Alliances and Women in Tech Ambassador for AND Digital.
“Women love tech and are eager to learn and excel in the field. The commitment is evident, with 79% of senior women in tech feeling successful, according to the AND Digital Rewards & Resilience report. To maintain and even elevate this success, businesses must continue to invest in skills training for women, taking a people AND innovation approach, ensuring they remain empowered and ready to thrive in the evolving industry.”