Artificial Intelligence (AI) is intelligence displayed by machines, in contrast to the natural intelligence displayed by humans and animals, which includes consciousness and emotionality. It is constantly used by people around the world, for example in navigation applications and smart devices. Although Artificial Intelligence contributes significantly to the world’s growth, there is a noticeable bias on the subject of its adverse effects on employment and the workforce. These concerns have emerged for good reason. No doubt, thanks to such modern technologies new in-demand professions have appeared that barely existed 10 years ago. For example, the most recent jobs are cloud specialists, robotics and computer vision engineers, data scientists, business intelligence, and software developers. On the other hand, according to researchers from the University of Oxford, 47% of jobs will disappear in the next 25 years. Moreover, according to the McKinsey Global Institute, between 400 and 800 million people will have to find new jobs by 2030.
In my mind, it is enough to explore this topic. A large number of young people are wondering who they want to be in the long term. It is necessary to realize to what extent artificial intelligence affects our career choices for the immediate future. Teenagers should evaluate what tasks and components their further occupation consists of and what it will be at stake. Perhaps, there are still some subjects taught in universities, which will disappear in several years. It is important to examine some samples of artificial intelligence and its application in order to get a better understanding of this modern technology and its impact on employment and the workforce.
Machine Learning
Machine Learning is a unit of Artificial Intelligence, which gives many systems the opportunity to automatically learn and progressively develop from their experience without any human intervention. It focuses on the improvement of computer programs, which are able to access appropriate data, analyze large amounts of information and take action by identifying templates and making better predictions. Such a principle has traces in many work industries. Usually, some jobs get under the influence of artificial intelligence. Most of these occupations can be distinguished by tedious, monotonous and repetitive tasks. https://www.udemy.com/course/ultimate-machine-learning-techniques-with-python
Robotic Process Automation
Robotic Process Automation (RPA) is another technology based on AI and ML, which is responsible for the automation of tasks. PRA uses software to automate human activities and therefore, it increases employee productivity, accuracy and engagement by removing primitive and repetitive objectives. RPA robots simplify workflows by collaborating with applications to complete repetitive and labor-intensive tasks of human actions, for example, answering customer questions, entering information, implementing transactions. RPA is gaining more and more popularity, which makes organizations more profitable and flexible.
AI in the Transportation Sector
The transportation industry, which deals with the movement of either commuters or passengers from one destination to another, has been developed and enhanced by conducting numerous researches and tests. For example, it is already strongly influenced by artificial intelligence. People, whose job involves driving taxis, buses or trucks, are likely to lose their professions in the future. These means of transportation are on the verge of full automation. Machines with artificial intelligence capabilities are able to simulate humans and, therefore, perform different operations by making their own decisions without any assistance. On the one hand, such innovations are beneficial, as a self-driving truck is not required to waste time by braking. Instead, it will focus exclusively on the road at all times. Moreover, if AI helps to analyze and collect data, traffic congestion or flight delays can be avoided. Moreover, the next generation of Tesla cars is planned to be autonomous only. According to studies, the global market for AI in transportation is expected to reach $3.5 billion by 2023. On the other hand, former drivers will need to search for another job options. Nowadays, more and more car manufacturers turn to electric and self-driving vehicles. https://www.geeksforgeeks.org/ai-in-transportation-benifits-use-cases-and-examples
AI in the Financial Industry
Secondly, the finance sector has considered itself as an early supporter of AI if it is compared with other industries. Therefore, artificial intelligence and the financial industry suit each other perfectly. Examples of AI and machine learning implementation in finance is a huge amount. Statistics, calculations, and analysis can be applied in a more efficient way thanks to this modern technology. The financial sector is based on accuracy and the treatment of a large number of quantitative data. As Artificial Intelligence learns from past experience and follows trends, its contribution can be valuable and efficient regarding financial planning, budgeting, trading, sorting, and organizing information. Moreover, Artificial Intelligence is able to identify any risks in financial statements. However, one of the difficulties that large banks and insurance firms are most likely to face while they are trying to implement AI is that a considerable amount of their historical data is kept in paper documents rather than digitally. Therefore, before enterprises of insurance and banks hire data scientists to adopt AI software, they must digitize all the information, as machine learning models are trained exclusively on digital data. Traders, bankers, and insurers are well aware of this situation and are at risk of losing their jobs. In addition, such jobs as tax preparers, bookkeepers, and accountants will be replaced by automated virtual financial assistants and planners, whose responsibilities will include monitoring stocks, prices, and many events. https://www.forbes.com//how-ai-is-transforming-the-finance-industry/
Last but not least, artificial intelligence affects the assistance of the banking industry. There are special applications on the phone, which provide people with the ability to make payments, receive money, check balances, check credit history, and perform many other operations. There is no longer a need to go directly to the bank. Also, bank accounts are opened online through AI applications. Overall, the job of a bank teller is not as necessary and helpful as it used to be.
AI in Tourism
What is more, artificial intelligence is closely correlated with tourism. It makes our lives much easier, as it can be applied to arrange travel or suggest malls in the most appropriate way. Despite the fact that less than 10 years ago the job of travel agents was highly appreciated, today these professions are outdated. Nowadays, people are increasingly inclined to book travel online. Specific applications built by artificial intelligence based on data analysis are recommended to potential travelers. Thus, customers can receive information and notifications on some special travel offers, sales, best prices, upcoming trips, flight details and many others. In addition, for hotels and other businesses in the tourism industry people still want to use any travel agency for trip planning, one of the most exciting benefits of artificial intelligence is the opportunity to provide online assistance to customers. In particular, many powering chatbots on social media and some instant message apps were widely distributed and applied for such purposes. Accordingly, AI is able to respond to any questions or requests and provide valuable data to customers, especially it is convenient when the customer service representative is not accessible at this very moment. As customers are waiting for rabid answers on online platforms, only Artificial Intelligence allows businesses to achieve prompt delivery and satisfy all customer needs. Meanwhile, it is impossible for humans to achieve such efficiency.
Additionally, thanks to Google Maps and ride-hailing applications, it is possible to reach any chosen destination by an effectively selected route. The major advantage of AI in this certain field is its ability to explore huge amounts of data in a fast and accurate manner, while human work would take significantly more effort and may have shortcomings or mistakes. Moreover, there are many digital travel guides that help foreigners get acquainted with the city instead of tour conductors. https://www.autviz.com/ai-in-travel-and-tourism-benefits-and-real-world-examples/
AI in Manufacturing
Nowadays, AI robots are able to deal with problems and execute various tasks like humans even though they do not have natural intelligence. There are many examples of industries, where artificial intelligence is used in the field of robotics. Artificial intelligence is actively applied in the manufacturing sector. From one point of view, companies have the opportunity to reach a higher level of effective work. Undoubtedly, robotics is an auspicious factor for productivity, production line and production cost reduction. There is a possibility of achieving the expected results very quickly with the application of AI technologies. However, for a long time many humans used to work hard in communities to produce goods. A lot of these workers are going to be replaced by robots and machinery in a few years. Nowadays, most AI in manufacturing deals with equipment used for measurements, nondestructive testing (NDT), and other processes. Despite the fact that AI is facilitating the design of products, production is still in the early stages of AI adoption. A large amount of the world’s factories and plants continue to use outdated equipment, often with only a mechanical or limited digital interface. https://www.udemy.com/course/artificial-intelligence-in-manufacturing-process
AI in the manufacturing industry
Also, artificial intelligence takes hold of the manufacturing industry. Additionally, jobs in this sector are quite dangerous and risky, for the reason that people can easily get injured. However, technology is becoming more affordable and efficient. If developing countries want to expand their wealth by building new structures and factories, hiring more workers is unnecessary. Today developers require more machines instead of a specialized workforce. While the world is progressing, a greater amount of technologies are emerging. The process of building buildings begins to take less time to complete the project. Unfortunately, construction workers will follow the same path as those who work in the manufacturing industry, for example crane operators or bulldozer drivers.
AI in Farming
Furthermore, farmers are likely to lose their businesses in the nearest future. The agriculture sector used to be a popular sector of the workforce, but it has changed drastically during recent years. Cropping systems around the world have thrived and become automated. Technology Companies like as Blue River Technology are helping farmers plan their planting and herbicide use thanks to computer vision. The farming community, Trace Genomics, enables all farmers to identify early signs of disease in all types of crops. The farming process will involve only a few qualified individuals. Such people are monitoring and operating heavy equipment from their offices due to specific wireless connections. This machinery harvests the product and feeds the animals. For example, automated milking systems have been generated to feed cows. Overall, planting can be done at a faster pace due to specialized hardware and self-driving trucks. https://www.udemy.com/course/artificial-intelligence-in-agriculture/?
AI in the Tertiary Sector
Waiters and waitresses are also starting to disappear. This situation also pertains to cashiers and store sales workers. Self-checkouts have appeared and proliferated globally. The work of such devices depends on algorithms and repetition. Today conveyor belts begin to be actively used in some places. People serve themselves by ordering food on their own, especially with regard to fast food restaurants. Another sample of artificial intelligence is a chatbot that can affect the tertiary sector. It is a computer program, whose task is to conduct a conversation using a natural language or text interface and to give the impression of being intelligent. The purpose of this process is to make the interlocutor believe that he is talking to a real person. Chatbots are often used as interactive, virtual characters on websites, replacing live assistants, to answer questions about the service and activities of a given company.
AI in other professions
Last but not least, other professions will be affected by artificial intelligence such as couriers, dispatchers, publishers, telemarketers, security guards, receptionists and other types of customer consultations. This is inevitable, because the world is evolving every day. Regarding the delivery industries, Amazon has invested a huge amount of money in expanding drones for the purpose of delivering packages. Regarding the different types of assistance, the recruitment process is a tedious activity for any big company. Searching for the right candidate for some workplace is a complex task. Currently, some innovative AI companies are trying to apply artificial intelligence to make the recruitment process autonomous.
Unaffected Jobs
Still, there are a lot of jobs that will also flourish or will hardly be affected thanks to artificial intelligence in the future. Occupations, which are not vulnerable, involve unpredictable tasks. Everything that is unpredictable requires certain skills such as creative thinking, imagination, negotiation and interpersonal skills. There are jobs that have such requirements, for example writers, lawyers, product marketing managers and many others. Among the professions, which will flourish, it is possible to mention psychologists, virtual world designers, entertainment labor, real-estate developers, etc.
Conclusion
Finally, I would like to say that Artificial Intelligence has both positive and negative effects on employment and workforce. Some jobs are appearing, while others are disappearing. However, to make the right decision on your career choice, it is important to determine if most of the tasks your future job involves are likely to be vulnerable to new technologies.
Read Also:
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- Artificial Intelligence In Agriculture – Paving Way Towards Future Farming
- Application Of Artificial Intelligence (AI) In Agriculture: An Indian Perspective
- Importance Of Artificial Intelligence (AI) Health Privacy
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- Artificial Intelligence (AI) And Technology In Health Care: Overview And Possible Legal Implications
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