We already have an LMS.

Your LMS tracks what courses people completed. It does not tell you what they can do, and it does not generate learning against a verified gap. In a world where AI generates and personalizes learning on demand against a continuous capability signal, the value of an LMS is limited to compliance tracking.

Everything else (measurement, development, coaching signals, mobility) moves to a continuous layer that closes the loop. Reskilling dollars go to the actual aggregate gaps, the gaps get closed faster because the learning is personalized and coached in the flow of work, and the workforce gets more capable, in aggregate, every week.