By 2025, the World Economic Forum estimates that 85 million jobs will be displaced due to artificial intelligence. Forecasts like this have instilled fear into many, especially those in low-income and manual labour positions, which will be at the highest risk during the digital revolution.
The reality? 97 million new jobs will also be created across 26 countries. Artificial intelligence will create more jobs than it will take away. We will just be pushed largely towards more problem solving based jobs and away from manual or more repetitive labour.
Artificial intelligence will take jobs – to leave us with the more ‘human’ ones
AI can calculate and intake data with more accuracy than any human could. However, when it comes to emotional responses, problem solving and creative careers, AI is severely limited. It isn’t on its way to being self-sufficient, emotional and ‘human’ yet – and is, in fact, a significant way off.
So, what does that mean?
It’s likely that humans will be moving into more of a ‘supervisory’ role. Placing AI in laborious jobs can ensure that human workers’ jobs are safer, more efficient and fundamentally better.
It will also give us more time and space to be creative, strategic, and fundamentally business minded.
What roles suit AI the best?
AI is the best suited for repetitive and monotonous jobs. While we as humans naturally are more inclined to make mistakes when doing repetitive work, AI machines are not vulnerable to the same risks.
Some of the primary roles that AI will replace are:
- Factory and mechanic work
- Administrative work, data entry, accounting and bookkeeping
- Customer service workers, operations managers, and clerks
In turn, there will be the creation of more jobs in the areas of:
- Data analytics, AI and Machine Learning, Big Data and Internet of Things specialists
- Digital marketing and strategy
- Software and applications developers
- Digital transformation specialists
To move successfully towards this new economy, companies will need to reskill and upskill their workers. This will require an active move towards digital transformation on the side of global companies, who will need to take an active role in the education of their workers.
Some workers may lose their jobs but, with the help of upskilling and reskilling, we can ensure that they have other roles to move into. This move towards reskilling starts now, to prepare companies and workers around the globe for the future.
Blockhead Technologies is helping companies move towards a future workforce with AI and blockchain-backed platforms. You can find out more here or contact us here for more information or a demo.