Over the past few decades, many individuals have been forced out of their jobs because of Artificial Intelligence (AI)-based workflows and processes. Wavering firms used more automation to keep them viable as COVID-19 spread across the United States in 2020. Some view AI as a threat to employment, while others see it as an opportunity. Others see it as a benefit to their careers. AI will have both beneficial and harmful consequences on the modern workforce.
Many tasks currently performed by humans will be replaced by artificial intelligence. Several elements could determine whether this transition would lead to employment losses or increased individual productivity. Artificial Intelligence (AI) will continue to impact the world and how we work and live profoundly. Still, it may not lead to widespread unemployment. AI technology will create more employment than it eliminates when it comes to automation.
As a result of these newly created positions, it will be necessary to make significant investments in training and retraining young people and adults to meet the demands of these new employees. Numerous publications have placed artificial intelligence and machine learning at the top of their rankings of the most vital skills in today’s job market, which is not surprising. Jobs requiring artificial intelligence or machine learning skills are predicted to grow by 71 percent over the next five years.
Young people flock to advanced AI ML courses in emerging technologies because of the growing popularity of AI, ML, and data science amongst the general public. Nevertheless, the transition to AI’s beneficial social impacts can and must be addressed in concert by corporations and governments alike.
Artificial Intelligence can have positive effects on jobs:
You can substantially improve the efficiency of our workplaces by using artificial intelligence. The human workforce is freed to focus on tasks that require creativity and empathy, among other skills. At the same time, AI takes over monotonous or dangerous tasks. It is possible to boost job satisfaction and happiness if people do something they enjoy.
Artificial intelligence can change healthcare by improving monitoring and diagnostic abilities. Artificial intelligence can cut operating expenditures and save money for healthcare businesses.
No matter how little impact autonomous vehicles and artificial intelligence have on our traffic congestion problems, our society will gain countless hours of productivity due to their introduction. People will utilize their time more effectively if they spend less time in traffic.
We will better detect and solve crimes if we use artificial intelligence. Fingerprints are becoming more common than ever when it comes to facial recognition. The application of artificial intelligence in the legal system provides numerous opportunities to figure out how to use the technology without infringing on the privacy of persons. Even though there will be several challenges and learning opportunities ahead, the prevailing belief is that artificial intelligence will positively impact society.
Jobs that AI can take over:
- Receptionists: The traditional receptionist profession can be replaced by computerized phone and scheduling systems, especially in current technology companies that lack office-wide network infrastructure or worldwide organizations.
- Couriers: Drones and robots are already replacing couriers and delivery humans. Thus this business will soon be fully automated. However, by 2024, this industry is expected to grow by 5%, so it may not happen as quickly as you think.
- Advertising Salespeople: Advertising is shifting from print and television to the internet and social media, and marketers who want to buy ad space no longer worry about managing sales. By providing free application program interfaces (APIs) and self-serve ad marketplaces, social media networks make it easier and faster for users to earn money, reflected in the industry’s predicted 3 percent decline.
- Retail Salespeople: You may not have encountered a salesperson at a mall, dealership, or clothes store recently. Consumers today are increasingly internet-savvy and more likely to do their research and purchases, and companies are responding by providing self-checkout facilities.
- Proofreaders: Self-checking your work has become more accessible thanks to various technology, like Microsoft Word’s basic spelling and grammar check and Grammarly and the Hemingway App.
- Telemarketers: The telemarketing sector is expected to shrink by 3% by 2024. In part, this is related to the success criteria: The success of telemarketers is not dependent on great mental or emotional intelligence. Telemarketing opens at under 10%, making it ripe for automation.
- Bookkeeping clerks: This profession is expected to lose 8% of its jobs by 2024, and it’s easy to see why: much bookkeeping is already computerized. When it comes to bookkeeping, software like QuickBooks, FreshBooks, and Microsoft Office can already do the job for you for far less money than you’d hire a person.
- Compensation and Benefits Managers: It is surprising given the projected 7% job growth by 2024. The need for automation does not exempt you from it. As firms grow in size, especially in global markets, human and paper-based software can cause more significant hurdles, delays, and costs. Automated benefits systems like Ultipro and Workday are already prevalent.
- Computer Support Specialists: With plenty of information available online, it’s no surprise that businesses will rely on bots and automation to address employee and customer support issues in the future.
- Market Research Analysts: As autonomous AI and surveys become common, market researchers will play an increasingly important role in developing messaging, content, and products. It’s possible to conduct competitive analysis on nearby companies and competitors using GrowthBot, for example.
However, it also poses substantial concerns of job market polarization, rising inequality, structural unemployment, and the rise of new unwanted industrial structures.
Summing up key points
- As a result of COVID-19, many people fear that artificial intelligence will replace them in their occupations.
- AI will create more employment than it eliminates.
- Employers and governments must focus on up-skilling and re-skilling.
- While artificial intelligence poses a significant danger to human employment, machines will do the bulk of today’s jobs in the following years. It does not mean that you will all be left with nothing. There always exists a demand for human labor if humans develop the technology.