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Stock impact report

Work at Fortune [Fortune]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Fortune
The credit card company's executive vice president of business and insights, Mohamed Abdelsadek, said that Mastercard already offers three types of AI training to its workforce: a broad foundational training, tailored job-specific offerings, and a reskilling program. In a wide-ranging discussion about building trust in the age of AI during Fortune's Brainstorm AI conference this week, Abdelsadek stressed the importance of investing in re-skilling for internal talent whose work could otherwise become obsolete. Organizations could risk losing a great colleague with years of institutional knowledge—or they could just prepare that person to move around within the company. “It's a lot more cost effective to reskill than to find somebody new,” he said. In the near term, the bosses are banking on the idea that humans who use AI will be better employees than humans who don't. Jack Azagury, chief of consulting at Accenture , added that educating a workforce on how to use AI requires exp Show less Read more
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