Many are asking, what are the impact of automation and AI on the workforce? Let’s talk about AI first. AI stands for Artificial Intelligence is a machine-based system that is capable of producing or formulating outcomes. an output (recommendations, decisions etc). It uses technology and or human based data and inputs to the real or virtual world.
Artificial intelligence is a popular technology that promises to revolutionize the way we work, play and live. It is the ability of a computer or computer-controlled robot to perform tasks normally performed by humans because they require human intelligence and judgment.
And how does the world adopt AI in people’s daily lives?
AI makes our lives easier by helping us completing different tasks in a timely manner, and changing the way our work routine tasks. Although AI has a big impact on our daily lives, like we use it in our health, like the smart wearable is an AI-powered tool that monitors your health and assists you in maintaining your health.
It can also be used in crime and fraud, how? AI is being utilized by monetary websites to locate anomalies in transactions and those potential fraud. And of course you can also use it on your travels where you can book a ride to enjoy AI’s tool to conveniently travel from one place to another.
And since we are talking about AI here, smart homes are now a new way to live in your house on a new different level. Have you heard of Alexa and Bixby? Yes, they are the ones I’m talking about.
How does AI affect the workforce?
Artificial intelligence (AI) is transforming business and will contribute to economic growth through productivity. They will also help address societal challenges in areas ranging from health to climate change.
Also, these technologies will change the nature of work and the workplace itself. Machines will be able to do more tasks than humans do, complement the tasks humans do, and even perform some tasks that are beyond human capability. As a result, some businesses will decline, others will rise, and many more will change.
Workers will need to learn new skills and adopt increasingly capable machines alongside them in the workplace. They may have to move from declining businesses to growing and in some cases to new businesses.
Let’s be honest here, Artificial intelligence can cause a big impact here, it will affect some jobs, however, more jobs will be replaced by them. But what kinds of jobs are being created and what kinds of jobs are being removed?
The future jobs is uncertain.