The rise of AI technology across different sectors has drastically influenced jobs and employment overall. This paper's goal is to identify and redefine the fundamental skills that are needed in the job market in relation to the massive application of artificial intelligence. The methodology used includes a case study and document analysis. The case study is centred on the Finnish universities that have implemented a project to connect academic training and professional requirements in the era of artificial intelligence. The results of this paper suggest a radical shift from the usual and well-known labour-oriented competencies to a far more complex cognitive and interdisciplinary array of skills like complex problem-solving, emotional intelligence, and flexibility. Most importantly, the case study that this paper brings forward underscores that the educational process and innovation must be sustained in the job market because technology can never be stagnant and is continuously redrawing the boundaries of the job's responsibilities. In a nutshell, the competencies required in the labour market will have to be recast with the integration and development of artificial intelligence systems. Such developments need proactive actions from stakeholders, especially educational institutions, through which a proper channel is established for the smooth coexistence of the workforce in the future headed by artificial intelligence.