Human Capital and the AI-Powered Future of Work: (Training, Employment Creation, and Skill Deficits in Nigeria's SME Sector)

Abstract

The speedy heterogeneous incorporation of AI technologies is intensely redesigning the dynamics of work athwart the Nigerian commercial sector, producing both significant economic chances and important labor market trials. This study examines the multipart interplay among AI adoption and human capital willingness in Nigeria, converging specifically on the identification of dangerous skill breaches, the assessment of existing corporate and general drill initiatives and the plan of net job formation against displacement. Retaining a mixed-methods tactic that comprises a quantitative review of 150 principal Nigerian corporations across finance, technology and manufacturing, added by qualitative investigation of government strategy and workforce interviews, the investigation divulges a significant shortage in high-demand technical capabilities like data engineering, machine learning upkeep and AI ethics. Outcomes signpost that while up to 25% of predictable administrative responsibilities face high automation jeopardy, the rate of new job formation hinges unfavorably on the speedy implementation of embattled, scalable reskilling plans. We clinch that overcoming this essential skill shortage through thoughtful outlay in tertiary education adjustment and robust private-public partnerships for endless vocational scholarship is obligatory for Nigeria to successfully influence the AI revolution for inclusive economic development and safeguard long-term workforce resilience.