AI as a fountain of youth? The case for archiving a graying workforce’s institutional knowledge

Generative AI continues to expand its reach across personal and business scenarios, but we’ve only scratched the surface of its potential to help companies. Businesses are expanding the potential scenarios in which to apply this technology, to both accelerate growth and stabilize their foundation of knowledge. This evolution presents an incredible opportunity to save the invaluable knowledge base of the Baby Boomer generation that is leaving the workforce permanently.

According to data from Forbes, four million Baby Boomers will leave the workforce this year alone – that’s 10,000 Boomers retiring every day in the US. The good news is that this opens incredible advancement opportunities for younger generations; the bad news is that this group of graying workers, who have been in their professions longer than any other generation, possesses boundless knowledge about their field and company. Boomers leaving the workforce represents an unprecedented departure of institutional knowledge that companies may have long taken for granted, and AI can mean a lifeline of hope as Boomers trade corner offices for weekday tee times.