Artificial
intelligence (AI) has recently been criticised as a threat to employment. It
has stepped into every industry and rapidly growing, replacing the number of
workers, which means the unemployment rate is gradually rising with each
passing day. Though it has encouraged automation to save your time and efforts
on repetitive tasks, it has posed a threat to the employment rate. Many people
are being resistant to embracing AI because of this reason.
However, if you
look into the overall picture, you will find that it has generated more
employment opportunities than throwing people away. People fear that more tasks
will fall into automation and therefore, job industries will fade away. From manufacturing
to agriculture, retail, transportation, logistics, all industries will likely
be automated. People fear that the economy will suffer from the recession due
to automation.
In a 2018
report, an expert speculated that AI would create over 50 million jobs by the
end of 2022, which is exceptionally high. Creating such massive jobs has never
been possible. However, the report also stated that it would eliminate some of
the tasks and roles, and many of the new posts would require you to have specialised
training. It further noted that many such jobs would not follow the traditional
full-time employment model. More employers would be able to rely on a remote
workforce.
Jobs at risk due to AI
AI is likely to
eliminate jobs that sound monotonous and repetitive. It is gradually making
such roles obsolete. Such tasks and functions include call centre operations,
content moderation, customer support, document verification, and the like.
Similarly, production lines and factories will replace humans with robots who
are more efficient to navigate the space, find and move objects safely. They
can even perform complex operations more quickly.
The most common
sectors that will face human replacement with automation down the road are
transportation, electronic commerce, and financial services. Autonomous cars
have proved that AI will be no longer demand drivers. Soon there will be
self-driving trucks and taxis. AI-driven cars have caused harms many times, but
companies are figuring out the better and enhanced model.
Fulfilment
centres will also be automated as robots will be navigating to collect
products, execute customer orders, carry products from one place to another.
Apart from handling fulfilment centres, the use of drones will also rise to
deliver ordered products at customers’ doorstep. This automation will
undoubtedly shrink in the network of physical stores and the number of
vacancies of sales executives.
This is one side
of AI that throws light on how automation is going to affect the number of
vacancies down the line, but the other side of AI is bright. It is going to
generate more job opportunities though people need to hone their skills to be
able to perform their tasks effectively.
AI will require upskilling staff
The AI-dominated
sector will replace low-skill labour jobs. It will need people for jobs with
high skills because it will perform repetitive tasks. Most of the jobs created
by AI-dominated sector will require people to train themselves. They are going
to be highly demanding jobs.
Experts are not
able to accurately envision how AI will revolutionise the entire job market.
There is a possibility of having jobs that do not exist now in the next coming
years. The technical sector will grow as rapidly as anything. This sector will
abound with new posts. However, other factors will also introduce new jobs
because social work will combine with technology.
There is no
doubt that AI has replaced many jobs, but it is helping you to boost
productivity. There are no chances of making mistakes, and you can analyse data
to make decisions to grow your profits. AI is introducing a new opportunity for
employers to create new jobs. The chances of success and higher growth will be
tremendous in coming years because AI can perform even those tasks that humans
find difficult and too much time-consuming.
AI will change the way of finding jobs
In addition to
creating new job opportunities, AI can also help people find jobs in a new way.
The current process of finding jobs is cumbersome. It includes preparing resumes,
cover letters, shortlisting, and scheduling interviews. It takes a lot of time.
Most of the people stay unemployed for a month or two before landing a new job.
This forced them to rely on loans for unemployed with bad credit to meet their expenses, but AI technology will
simplify the process. Further, AI can help the hiring of candidates without any
biases.
The bottom line
Undoubtedly, AI
has reshaped the way we live our lives, and this is not going to stop here. It
is easy to interpret that it is posing a threat to several vacancies, but on
the other hand, it is creating many opportunities.
Description: Though AI will eliminate jobs that require
repetitive tasks, it will also generate tremendous job opportunities.
