IMPACT OF TECHNOLOGY ON JOBS , WILL AUTOMATION & ARTIFICIAL INTELLIGENCE REDUCE OR INCREASE JOBS?

Nowadays, Artificial Intelligence (AI) and Automation is a buzz topic. More specifically, the conversation revolves around the threat of Artificial Intelligence taking over human jobs. It seems like every single day there is a frightening, fresh media report about how machines and automation will cause mass unemployment. At the same time as when thinking about the repeatedly-news and doomsday comments that automaton will replace human, the recent reports predict that artificial intelligence may actually create new jobs than it’s expected to eliminate. 2020 will be a crucial year in Artificial Intelligence -related employment dynamics, as said by research firm Gartner, as Artificial Intelligence will become a positive job motivator. Starting in 2020, Artificial Intelligence and automation-related job creation will cross into the positive province, reaching approximately 2 million net-new jobs in 2025, according to Gartner in a press release.

Impressive impact of Automation & Artificial Intelligence

There is, however, no doubt that Artificial Intelligence is going to extremely change the face of industry and employment. As technology becomes more accessible and powerful, few areas are more at threat than others. Jobs in accounting and finance, along with retail and transportation, are considered to be at higher risk of mechanization than careers in education and healthcare. And, there are some jobs where machines robots are far away from being able to match humans. Robots might be great at organizing spreadsheets, processing complex problems, and carrying out the series of tasks in the blink of an eye. However, they aren’t so better like old squishy Human is forming human connections, empathy, reacting quickly in unfamiliar situations. So, care workers, nurses, and educators are a few examples of professions that are secured by the machine revolution. In these regions, robots will assist human efforts, instead of replacing them.

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