Don't Panic Yet: 3 Things to Remember About Job-Killing AI

Teknologi.id . October 04, 2018
There's no doubt that artificial intelligence (AI) and robotics will have a significant impact on the job market. Right now, AI is already being used to teach cars how to drive themselves, which will eventually take away trucking jobs. “I'm afraid that about 50% of jobs in the world are in danger. Whether these jobs will disappear in 15 years or 20 or 30, that's debatable. But it's inevitable. Not only can AI do a better job, it can do the job for almost marginal cost.” said Kai-Fu Lee, former President of Google China. These predictions are dire indeed, but there are other voices in this discussion that say AI will bring a lot of benefits for future workers as well. Here are just a few:

AI might create higher-paying jobs

For example, warehouses filled with robots that stock shelves and pack items will need to be managed by people with the skills to oversee those bots while they work. Similarly, other workers will need training to learn how to fix the bots when they break, write AI software to control them, and analyze the data they collect. All these jobs would likely pay more than the warehouse jobs robots are replacing.

AI can help people do their jobs better

AI could also help scientists discover new drugs much faster than they currently do. GlaxoSmithKline says that AI might help reduce the time it takes to target important molecules to fight diseases from over five years down to just one year.

More jobs could result

There's a lot of debate on this topic, but evidence indicates that AI could create more jobs than it takes away. Gartner research vice president Svetlana Sicular said last year, "Many significant innovations in the past have been associated with a transition period of temporary job loss, followed by recovery, then business transformation, and AI will likely follow this route." There are still a lot of unknowns when it comes to how AI will disrupt certain jobs. But investors should know that there's virtually no stopping this technology from expanding into nearly every industry. Consider that one in five workers who perform non-routine tasks will use some form of artificial intelligence in their jobs by 2022. You Might Also Like: This New Font Could Be A Game Changer For Students Everywhere.
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