It was 1998, I participated in the Interschool debate. The topic of the debate was “ Will computes cause unemployment “. I was supposed to speak on the topic in favor of the topic, but at the last moment, I spoke against it. Not because I suddenly started believing that computers would not cause job loss, but the reason was somewhat different. A very beautiful girl from a different school spoke in favor of computers and I found the girl cute, so was just trying to impress her.
**2023 — it's like Deja Vu ( without that girl though ..). **Let's talk about a topic that has been on everyone’s mind lately: chat GTP and the impact of artificial intelligence (AI) on jobs or simply the future of work with AI. A lot of us are getting worried that AI will replace humans and take their jobs, .. or could it be that AI will can more jobs and not just replace humans? Let's explore
Before we dive into the details, let’s talk about what AI and ML (most abused terms :)) is and how they are related like cousins but different. AI refers to the development of computer systems that can perform tasks that typically require a certain set of human intelligence, such as visual perception, speech recognition, decision-making, and language translation. These systems are powered by machine learning algorithms that enable them to learn and improve over time.
Now, back to the topic at hand — the future of work with AI. The fear of AI taking over human jobs is not new. We’ve heard this before with the advent of automation and robots in the industrial revolution or with the rise of computers. But what we saw then, and what we’ll see with AI, is that while some jobs may be replaced and will be replaced, new jobs will be created.
The future of work with AI is a positive one. AI will create jobs by increasing efficiency and productivity. By automating repetitive tasks, companies and individuals will be able to focus on more strategic and creative initiatives, leading to the creation of new roles and responsibilities. For example, as AI takes over routine data analysis, human employees will have more time to focus on higher-level decision-making and problem-solving.
AI’s role in job creation — Another way AI will create jobs is by enabling new industries and markets. As AI continues to evolve, it will open up new opportunities in areas such as healthcare, finance, and retail. These industries will require new skills and expertise, leading to the creation of new jobs.
But what about the job loss that comes with AI implementation? While it’s true that some jobs will be lost, the benefits of AI far outweigh the costs. AI will help companies become more competitive, resulting in more investment, growth, and job creation. In addition, the increased efficiency and productivity brought about by AI will lead to lower prices, making it easier for people to start their own businesses and create new jobs.
On the tech side, AI’s role in job creation would be in the fields such as data science, machine learning, and software development. As companies and organizations adopt AI, they’ll need professionals who understand how to build and maintain these systems. This will create a huge demand for human brains in these fields and this is how AI will be transforming the job market
It’s important to remember that AI is a tool, not a replacement for human workers. AI can assist and augment human workers, making their jobs easier and more efficient. But AI will never be able to fully replace human intelligence and creativity. Jobs that require human empathy, emotional intelligence, and critical thinking will always be safe from automation.
In fact, if you have seen the controversial documentary “ZEITGEIST: THE MOVIE“, its third part explains human minds are not meant to do monotonous tasks but to explore creativity, and that's what AI will help us humans do.
In the next blog, I will explore in more detail which areas AI should replace humans and which areas AI can never replace humanity.
Feel free to share your thoughts.