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Millionaire founder: This is the No. 1 skill young people need to thrive in the AI era—it's not coding

There is one skill all young people need to thrive in the workplace — today and in the future — and it’s been around for thousands of years.

“If I could give my 13- and 16-year-old one competence that I think would stand the test of time, it’d be storytelling,” millionaire entrepreneur Scott Galloway told CNBC Make It, following a live recording of Vox’s “Pivot” podcast at SXSW last month.

The type of storytelling may not matter, because the platforms people use to communicate can rapidly change. The important part is developing an “ability to write well, an ability to articulate ideas and an ability to present ideas with data, infographics, slideshows,” said Galloway.

Galloway is a marketing professor at the New York University Stern School of Business who, in 2005, started L2 Inc. — a research project that grew into a business intelligence consultancy and helps brands learn how to market to audiences online. IT business consultancy Gartner reportedly bought L2 Inc. for more than $130 million in 2017, according to regulatory filings.

Today, for his brand strategy and digital marketing courses, he describes how a brand’s storytelling can directly contribute to, or hurt, its success. The importance of storytelling is particularly why young people shouldn’t rely solely on generative artificial intelligence tools like ChatGPT — not now, not ever, said Galloway.“We don’t know if in five years some neural network is going to replace ChatGPT. We don’t know if coding is going to be outdated,” he said.Management experts agree — understanding AI is important, but it isn’t the sole skill needed to succeed at work. Employers want to hire candidates with a combination of soft and hard skills, like analytical thinking, creative thinking, leadership skills and curiosity, a report from management consulting firm Oliver Wyman noted earlier this year.Another piece of advice, Galloway says: Finding a way to be an expert in your field is a good way to become successful, no matter what else happens around you.The specific crowds out the general,” Galloway says. “Find a niche, no matter how narrow it is, and try and own it. Commit to being one of the most knowledgeable people in the world on a domain ... You’re never going to be an expert in anything if you don’t enjoy it.”

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Powerball Jackpot Delayed

$1.3 billion Powerball jackpot drawing delayed due to ticket verification issue. Stay tuned for updates.

Saturday’s highly anticipated $1.3 billion Powerball jackpot drawing was delayed over what the Multi-State Lottery Association said was one lottery’s need for additional time to complete security procedures.

The drawing was originally scheduled for 10:59 p.m. ET.

Powerball rules require that every ticket sold nationwide be checked and verified against two different computer systems before a drawing, according to a news release.

“This is done to ensure that every ticket sold for the Powerball drawing has been accounted for and has an equal chance to win,” the release said. “Tonight, we have one jurisdiction that needs extra time to complete that pre-draw process.”.

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Taylor Swift's Dad Wasn't Happy With Her Political Decision

The 2024 presidential election continues to inch closer and closer. At this point, we're a little more than six months away from the big day.

Many in the political world are anxiously awaiting comment from Taylor Swift. The biggest pop star in the world has spoken out ahead of previous elections, though so far in 2024, she's yet to give an official endorsement.

Previously, Swift spoke out about an election in her home state of Tennessee. However, the decision to speak out was not one that Swift's dad agreed with.

Swift's dad was "terrified" for his daughter as she spoke out.

“I’ve read the entire [statement] and … right now, I’m terrified. I’m the guy that went out and bought armored cars,” Scott Swift told his daughter in 2018.

Taylor Swift, meanwhile, went through with the statement anyway, endorsing two Democratic candidates in Tennessee. However, she understood where her dad was coming from.

“This was a situation where, from a humanity perspective, and from what my moral compass was telling me I needed to do, I knew was right, and I really didn’t care about repercussions,” she told Variety. 

“My dad is terrified of threats against my safety and my life, and he has to see how many stalkers we deal with on a daily basis, and know that this is his kid. It’s where he comes from.”

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