Yogi Berra once said, “The future ain’t what it used to be.”

In the past four years, labor markets have experienced unprecedented volatility. The methods companies use to hire, train, develop and retain talent are rapidly evolving. Amid a cooling job market and a shift toward hybrid work, employers are rethinking their approach to attracting talent. Here’s how to stay ahead.

Adopt new technology.

Despite the buzz, the hype around artificial intelligence (AI) seems overstated. Some economists point to Engels’ pause, the economic theory that suggests a lag between the introduction of new technology and its widespread adoption. During this period, employees aren’t displaced, but their wages may be depressed. Currently, companies are slow to adopt AI.