AI and the future of work: Changes to expect in the upcoming years

  • Skillroads
  • Blog
  • AI and the future of work: Changes to expect in the upcoming years

Machines have been used in industries for over a century now. Therefore, automation is not new; it is just advancing and getting more effective. Today, a new generation of machines run by Artificial Intelligence are taking root in the labor market. The positive impact of Artificial Intelligence on jobs can already be felt across various industries.

However, not everyone is ready to embrace smart technology. There is also growing fear about Artificial Intelligence taking jobs - a worry that is not too far-fetched. Some predictions actually indicate that 80 million US jobs and 15 million UK jobs might be taken over by AI.

future_of_work

But the impact of Artificial Intelligence is not all doom; robots will bring benefits to employment and solve many business, economic, and social problems. Here’s how:

AI Will Replace and Create Jobs for People

With the widespread implementation of AI-powered automation, some human jobs will be lost. However, more jobs will also be created. A 2018 World Economic Forum report titled “The Future of Jobs” forecasts that automation will take up 75m jobs globally and create 133 million new jobs.

Therefore, predictions that machines will bring mass unemployment are mostly unfounded. The most likely result is that people will transition to the new opportunities that will be created and those jobs that will be changed by AI. And switching jobs can actually be a wise career move. Also, there are those jobs that are safe from automation. Healthcare, mechanical engineering, and architecture are some of the jobs that AI can’t replace as they require a human touch.

Furthermore, most economies will have to re-employ displaced workers to avoid high unemployment rates. If you are an employee, the best course of action is to invest in developing skills to improve your career prospects and thrive in the future job industry. 

workforce_of_the_future

AI And Automation Is Creating Opportunities for Companies

Apart from Artificial Intelligence and employment, businesses also stand to gain from the implementation of AI. Already, AI technology is being used in personalizing product recommendations, finding production anomalies, spotting fraudulent transactions. And the latest AI developments promise more value for businesses. In a survey by McKinsey Global Institute, 47% of respondents said that their companies are utilizing one AI capability in their normal business processes.

Deploying AI will also help to boost the global economy and in turn, increase prosperity. With labor productivity slowly dropping in many European economies and US, Artificial Intelligence and automation can potentially reverse the decline and maintain a 2% productivity growth rate yearly according to McKinsey.

Aside from businesses and the global economy, AI is also expected to tackle societal problems. Smart technologies are already in use in medical research, climate change studies, and material science. Application of this tech in other areas too will help solve many societal challenges that we are facing today.

AI_in_the_workplace

The Workplace of the Future Will Evolve as People Work With AI

Robotics is set to change the future workplace. With the integration of smart machines, workspaces and workflow will need to shift so that AI and humans can work together. For example, warehouses will need to re-design to accommodate robots and ensure there is safe human-machine interaction. In stores where self-checkout systems will be installed, cashiers can switch to checkout assistants responsible for troubleshooting the intelligent machines and answering customers’ questions. Implementation of these systems will, therefore, require a complete rethinking of the current workflows and workspaces.

Automation Technology Will Increase High-Wage Jobs

While many people fear that AI will lead to a loss of jobs, it will do the contrary by creating as many new jobs as it replaces. By handling repetitive tasks at the workplace, automation will spur the growth of value creation jobs. Case in point, there will always be a need for workers with STEM skills who can manage AI systems to ensure that all automated duties are done without any hiccups.

Currently, there are several jobs created by automation. For instance, the implementation of AI in the modern-day workplace has led to roles such as data engineer and data scientist. Individuals who take up these roles are essential because they analyze all decisions made by AI systems to eliminate any bias. Other careers in Artificial Intelligence include:

  • Smart-system interaction experts: These are the professionals who develop machine behavior based on job-related employee behavior. Basically, this job borders on “increasing human intelligence by artificial means.”
  • Transparency analysts: These are the people who categorize various types of opacity for AI system algorithms.
  • Machine-relation managers: The professionals that encourage the widespread use of well-performing algorithms by businesses.

workplace_of_the_future

AI Will Increase Productivity in the Workforce of the Future

Apart from creating tons of lucrative AI jobs, automation tech will boost productivity in the workplace of the future. By tackling daily repetitive tasks, AI allows people to focus on creating new solutions that increase efficiency at the workplace.

Also, AI will enable people to concentrate on high-value activities as opposed to typical duties that can be automated. As such, workers will put their energies on tasks that require a lot of human collaboration and emotional connection. This way, employees will have a better experience in the workplace leading to higher productivity, which, in turn, leads to better customer experience.

Another way AI will increase job productivity is by improving time efficiency. By freeing up workers, this tech allows them to focus their energies on more important tasks that yield better results for their employing company.

AI in the Workplace: Workforce Conditions Will Improve

AI will help address many challenges at work. For example, when AI is leveraged during the hiring or performance evaluation process, applicants will be evaluated in a more honest and merit-driven way. Apart from that, hiring managers can use machine learning to comprehend how bias are getting into typical HR functions, thus enabling them to act fast.

AI will also stir a change in the workplace by ensuring that employees have appropriate safety gear when they go to work. Apart from that, it will help in the training of support staff to ensure that consistent responses are provided to clients.

When combined with other technologies, for example, IoT, AI will help in practical problem-solving at the workplace. For starters, combining IoT developments and AI helps people determine where there is likely to be a safety issue in a mine or company. Therefore, it enables them to act accordingly to avoid accidents that might lead to loss of lives. Apart from that, AI and IoT can transform the workplace by using sensors, existing data, and deductions to improve safety. In addition to these, AI can go a long way in boosting sustainable farming.

Artificial Intelligence and Jobs in the Future

These are some of the changes you can expect to see in the workplace in the coming days. And despite the half-hearted embrace, the future of Artificial Intelligence in tomorrow’s workplace shines brighter than ever. As such, it makes sense to acquaint yourself with necessary skill sets to ensure that you survive the inevitable AI revolution. For those in leadership positions, ensure that you are responsible and mindful as you implement AI in your workplaces to create enough opportunities for everyone.

Random posts
Want to get hired? Create the best functional resume!

Every first-time job seeker or career changer knows for sure how to prepare a resume. However, not everyone knows how to do it professionally. In fact, there are three types of resumes: chronological resume, functional or skill-based resume, and combination resume. All these types are used according to candidate’s work experience and employer’s requirements. Each of them has its advantages and disadvantages.

Age discrimination at work and how to prevent it

What if I told you that you can face discrimination in the workplace or even during your job interview? Will you be surprised? Probably not as age discrimination which is considered to be one of the major problems at work.

9 Ways to level-up your productivity at work

Staying always productive and making the most of your time is crucial for your further career development. In order to increase productivity and achieve success, you have to be more conscious of how you manage your working hours, what is your daily routine and change your habits if needed. We have prepared for you the most useful tips to boost productivity, ways to improve performance at work and most importantly to stress less.

Best skills to put on a resume to make it impressive

Have you ever felt being the best fit for a job opening, but your resume didn’t even win the interview? When it comes to self-advertising and self-assessment we often feel lost and confused. We don’t want to look conceited in recruiters’ eyes, however, we want to be assessed fairly and know that our skills and efforts made to get them were appreciated.  That is why when searching for a job you should focus on how to make your resume stand out and precisely demonstrate your skills and abilities. First of all, let’s check if you had prepared your resume skills list and made strong and professional skills section of resume.  

 

Cross-cultural Interviewing: Overcoming cultural differences

Cross culture difference can create a positive or negative impression of you as a candidate. In order to increase your chances to get hired and overcome all cultural challenges read the article below. You will find out the most common cultural interview questions and answers as well as tips that will help you to succeed with a multiphased interview process.

Master of networking: 11 Pick-up lines that will boost your confidence

Starting to network can be a scary undertaking, somewhat like being on the first date. You may be starting a conversation with a complete stranger, or with someone you have met have never actively engaged. Just like in the first date, starting this type of communication can be awkward. The key here is to try to be as bold as possible and strike a memorable first impression. Even then you will still need some tips on how to break the ice and start the conversation. In this article, we have gathered 11 conversation starters to get you going. 

The best tips to pass an interview

Interview can seem daunting but a thorough preparation is an essential key to success. In this article you will learn how to pass a job interview and certainly land a desired position.  

How to get a job at Disney: A yellow brick path to the dream

Almost all of us have felt the wonderful magic of Disney. Whether it was only through a cinema screening, home watch-through or even a visit to the Disney World we have experienced this incredible je ne sais quoi around Disney. I’m more than sure, the thought of work at Disney has crossed the minds of many inspired young people from seeing Disney World princesses perform. And of bloody course, how wouldn’t one want to dive into this setting of princes and princesses, beasts and witches, talking animals and fairies. The atmosphere is sure to be amazing, isn’t it? Well then, it is settled, let’s get a job at Disney!

 

Simple Guide to a Winning Resume: What Sections to Include

Landing the desired job is all about convincing hiring managers that you’re the most qualified and suitable candidate for the position. Let’s see what resume sections should be included in your resume, especially if it should pass Application Tracking System (ATS).

Get a job after graduation: 5 Effective steps to land a dream job

What to do after college? Many graduates ask this question. As The Bureau of Labor Statistics mentions, roughly 84% of jobs can be divided into 3 main categories: absence of any diploma, high school diploma, and bachelor’s degree. High school-designated professions constitute the largest percentage of jobs in the United States. Does it mean that you barely have a chance to succeed in finding a job after college without a diploma? How about a winning resume with no work experience – is it possible or not? In this article, you’ll figure out what you should be ready to face after the graduation to get a prospective job in a prospering organization. These 5 tips may help to land a job today!