People have been afraid that AI will make humans obsolete since its introduction to the workforce. We began to see AI take over jobs and cause layoffs in certain industries like the automotive industry. Although this only fuelled the anti-AI firestorm, it may have been a mistake. According to current trends, AI seems more likely to create jobs than take over.
We keep you informed about current trends in the job marketplace. Continue reading to learn why AI will soon create more jobs. Contact us to learn how we can help you get your career on track.
How Artificial Intelligence will Create More Jobs in the Future
New Job Opportunities
Technology will make some jobs obsolete. A World Economic Forum report estimates that around half of all full-time employees of companies will disappear over the next few decades. There are bright spots in the workplace. To ensure that work continues as planned, people will be required. Because AI will allow people to manage it, the tech industry will continue to boom.
Better Sales/Marketing Strategies
Sales and marketing are two areas that have seen significant AI impact. Smart databases allow us to gain greater insight into customer behavior patterns. This allows us to strategize better. Although technology is necessary for tools such as Salesforce and Zendesk, AI will ultimately create jobs for skilled and competent individuals who can transform that information into actionable insight.
The healthcare industry is one area where AI should be welcomed with open arms. According to PricewaterhouseCoopers, this sector could be one of the biggest winners when it comes to integrating technology into the workforce. Nearly 1 million jobs can be created by AI-powered healthcare once it is more easily available. Many people will be able to find employment as AI-assisted healthcare technicians.
Secure Financial Services
AI is being used by the banking and finance industry to detect and prevent fraud. Machine Learning models are already being used to detect suspicious activity and monitor transactions requests. They can use AI to provide customer convenience and make things more secure. This sector will have workers who can design, launch, troubleshoot, and maintain these systems using AI.
This industry has seen a significant increase in demand over the past few years. Robotics can be used in all industries, including industrial robots, FlexPickers robots, and aerial drones. Robotics is becoming increasingly popular in complex and repetitive tasks. This reduces the need to have humans perform dangerous tasks. This also allows AI to create more jobs in robotics engineering.
The entertainment industry is moving away from large theatre gatherings to streaming services at your home. AI helps many companies like Netflix, Hulu, Amazon Prime, etc. Discovering the consumption habits of their customers is a key part of AI. This allows them to recommend media to their customers. They also invest in media that is more popular. They will need AI specialists to guide them as they increasingly rely on AI for information and decision-making.
According to a recent report by PricewaterhouseCoopers, the education sector will get around 200,000 additional jobs as it moves to e-learning. AI will be the future of personalized learning and smart content, as it uses student data. According to some studies, AI applications in education will increase by as much as 50%. This means that AI will create jobs in the education sector, as tech specialists are required to keep up with the changes.
Improved Digital Assistants
There are some very large companies, like Google, Amazon, Apple, and Samsung, that have invested billions of dollars in improving their digital assistants. Bixby, Siri, Alexa, and Siri are being used more frequently to accomplish their daily tasks. These digital assistants will need to be able to recognize speech and provide local services. This will lead to a lot of AI jobs.
With AI becoming more mainstream, companies will need skilled tech workers to help them build their own AI environments as well as their virtual assistants. These systems will allow employees to do better work while ensuring security and data control. These environments can address many WFH concerns. AI will create many jobs to assist with AI.
These are just some of the many ways that AI will create more jobs. Other industries like the automotive and gaming industries are also expected to use AI more frequently and will require more tech workers.