Will AI Take Away Jobs in Future? 85 million jobs would be lost to AI worldwide by 2025

The rapid advancement of artificial intelligence (AI) has sparked concerns and debates about its potential impact on the job market. Will AI take away jobs in the future, or will it create new opportunities for employment? This question has been the subject of much speculation and analysis. In this blog, we will explore the various facets of this complex issue and provide insights into the future of work in an AI-driven world.

Will AI Take Away Jobs in Future?
Will AI Take Away Jobs in Future?

According to the World Economic Forum, 85 million jobs worldwide will be lost due Artificial Intelligence (AI) by 2025. Additionally, according to the organization's "The Future of Jobs Report 2020,"  AI will create 97 million new jobs over the next few years. Artificial intelligence (AI) makes people more creative and intelligent.

Will AI Take Away Jobs in Future?

To understand the potential impact of AI on jobs, it's essential to grasp the current landscape. AI technologies, such as machine learning, natural language processing, and robotics, have already begun to automate routine and repetitive tasks in various industries. For example, in manufacturing, robots are increasingly replacing human workers in assembly lines. In customer service, chatbots and virtual assistants are handling routine inquiries, reducing the need for human agents.

While these developments raise concerns about job displacement, it's crucial to recognize that AI is not a monolithic force poised to eliminate all jobs. Instead, its impact varies across industries and job roles.

Some of Job types will be Impacted AI are - 

  1. Customer Service Executives
  2. Bookkeeping and Data Entry
  3. Proofreading
  4. Taxi and Bus Drivers
  5. IT Supports or online support
  6. Automobile factory workers etc.

Job Displacement vs. Job Transformation due to AI

Job Displacement vs. Job Transformation due to AI

AI's impact on employment can be categorized into two main trends: job displacement and job transformation.

Job Displacement: Some jobs will be automated, leading to the displacement of human workers. For instance, data entry, repetitive manufacturing tasks, and some customer service roles may become obsolete as AI systems take over these functions. This can lead to short-term job losses and workforce disruption.

Job Transformation: AI can also lead to the transformation of existing jobs. Instead of eliminating positions, AI technologies can enhance productivity and efficiency, allowing workers to focus on higher-value tasks. For example, doctors can use AI-powered diagnostic tools to aid in patient care, and data analysts can leverage AI for faster data processing. In these cases, jobs may change, requiring new skills and adaptability.

Rise of New Job Opportunities By AI

While AI may eliminate or transform certain roles, it also creates new job opportunities. The maintenance  and development of AI(artificial intelligence) systems require a skilled workforce. Jobs related to AI, such as machine learning engineers, data scientists, and AI ethicists, have seen significant growth. Additionally, the AI industry has spurred innovation across various sectors, leading to the creation of new businesses and job roles.

Conclusion

Will AI take away jobs in the future? The answer is not a simple "yes" or "no." AI will certainly disrupt some job roles, but it will also create new opportunities and transform others. The key lies in how society adapts to these changes. By fostering a culture of continuous learning and investing in reskilling, we can mitigate the negative impact of job displacement and ensure that AI contributes to a more productive and innovative workforce. Ultimately, the future of work in an AI-powered world will depend on our ability to embrace and harness the potential of these transformative technologies.



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