Is AI Killing Jobs….or Creating Them?

Ask a roomful of people how they feel about artificial intelligence in the context of jobs and you’ll undoubtedly received a mixed bag of responses. Some will undoubtedly express their concerns that AI is poised to destroy employment as we know it today. Others will take a more optimistic approach, viewing AI as a tool to help us work more efficiency and accomplish things we couldn’t do with human workers alone. Even the various analysts and economists range widely in their predictions of what role AI will ultimately have in the future of work.

The truth, as is quite often the case, lies somewhere in the middle. There’s no question that intelligent automation will eliminate some jobs, impacting just about every industry and sector across the board. At the same time, however, AI will create new jobs, both in categories we’re familiar with as well as many more that have yet to be developed.

AI = Job Killer?

Automation is nothing new. It’s a technology that’s been embraced and lauded by organizations for decades upon decades. The key differentiator here is the introduction of the word “intelligent.” It’s the cognitive abilities afforded by AI and machine learning that will ultimately enable businesses to optimize their use of human labor. And that’s where the shakeup will inevitably occur.

In fact, a shift has already begun – particularly in areas where the work is highly repetitive, regulatory intensive and prone to error. Why pay humans to perform work that could easily be carried out by an intelligent bot – especially when that bot is capable of understanding the meaning and context of the information at hand?

So, does this mean people are being eliminated from the workplace entirely? Not so fast. In fact, there are plenty of categories of employment that will remain relatively untouched by AI. For instance, many professional services categories will remain intact as they still require a level of responsiveness that cannot yet be replicated by artificial intelligence.

AI = Job Creator.

Studies indicate a surprisingly positive view of AI’s role and ultimate impact on tomorrow’s workplace. In fact, a recent survey revealed that 75% of U.S. workers do not view their jobs as being at risk of elimination – at least not within the next decade.

Additionally, the vast majority (87%) of workers say they wish their employers would automate more tasks and processes. Why? Because they recognize the promise that AI brings in terms of improved efficiency and increased productivity. In other words, most people understand that AI will make their work lives better, not worse.

But, what about those repetitive, error-prone tasks that are already being shifted from human to machine? Won’t those workers end up in the unemployment line? Not if they are willing to change gears. In fact, the rapid adoption of AI and intelligent automation is already creating exciting new roles and opportunities.

Part of the challenge here is that it’s difficult to fathom jobs and employment categories that may not yet exist. Thinking back 20 years, the concept of a role such as social media manager was completely foreign, yet today it’s something most organizations have. Likewise, looking forward 20 years into the future, there will undoubtedly be whole new sectors of the economy that do not exist today. And along with those emerging opportunities, human workers will also need to adapt and evolve.

Without question, the world is experiencing a revolutionary shift, thanks in large part to artificial intelligence technology. Thankfully, the magnitude of the impact that shift will have on the future of work is still largely within our control. Those who are at the greatest risk of redundancy can provide themselves with a safety net by proactively reskilling and reinventing themselves.

Not sure where to begin? Our Automation Academy is a great place to start. Enroll today!