Here are some points on how AI is Revolutionizing the Job Market and What You Can Do to Prepare to be employable and adapt to the growing Ai technologies and What effect will it bring to our life.
The Impact of AI on the Job Market: Opportunities and Challenges
AI industry is the one of the fastest growing sectors. It will be in upward trend going on according to the statistics of The World Economic Forum (https://www.weforum.org/) more than 85 million job will be taken over by AI in 2025.Due to Ai many jobs will be lost in the upcoming decades it not only concerns low skilled workers like manual workers, waiters etc. but also high skilled worker like Doctor, Lawyer, Artist etc.
Many Ai-based learning model like chatGpt, dalle-2 create high quality content, images for free use and Robot Lawyer Lisa is also ai bot which works as a legal lawyer having NDA (non-disclosure agreement) which you can use by downloading the app available in both computer and android. Many big tech companies have started to employ AI e.g., Netflix has created animation of a 3-minute short film “The Dog and the Boy” .
Many job opportunities are also created by growing AI sector such as data detectives or scientists, prompt engineers, robotics engineers, machine managers, and programmers.AI revolutionizing has made the life easier of every day people as content writing, presentation, prompt etc can be created easier by AI.
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Pros and Cons of AI in the Workplace
There are many advantages of having AI as they are mostly cost effective and are one time purchase. AI does the fastest and efficiently and is less prone to mistake then there Human counterpart.
Many places have already started to use Ai and Robots in there company as waiter or manual worker.They can provide 24/7 hour services e.g many ai chatbots are used as customer service. They are more cost effective.
As there are two side to every coin the disadvantages are also severe e.g many jobs are in verge of displacing according to the WORLD ECONOMIC FORUM IN 2025 at least 85 million. Lack of accountability is also one of the main concern of growing AI as it is able to self make decisions it is hard to point responsibilities to any organisation or individual due to AI decision or misgivings.
As AI develop we may become more depended on it.As we can we can see many advantages and disadvantages exist of AI and as it is inevitable for AI to become vital part of life we must learn to adapt to it.
Education and Upskilling for Adapting to AI and Automation
As AI is continously developing people have to develop along side it to to be employable as many jobs will be displaced by Ai in coming future.Education plays an important role of teaching new skill or improving new skill such as coding, programming, collaborative skills etc.
It will also help in having future proof career which are in demand and will be in demand in future and teach us necessary skill to enhance creativity and excel at those skills. Some jobs that are in high demand Are data detectives or scientists, prompt engineers, robotics engineers, machine managers, and programmers, etc.
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The Potential of AI to Increase Productivity and Economic Growth
AI has a huge potential as it is at its growing stage. There are many ways Ai can help in economic growth e.g. many ai based crypto bots help us to know when will crypto will increase or not which helps in economic development. It will also help in increasing productivity as it can work 24 hours a day without rest and is less prone to mistake. Many new technologies like Ai personal assistant like Alexa, Siri help in making our life easier and more productive.
In addition to this in health care we can use to analyse data and create medical treatment.In nation we can use it to efficiently collect data and analyse them for any misgivings or tax fraud.
The Paradox of AI: Increased Efficiency vs. Decreased Job Security
As Ai is growing it has become easier and more efficient to use Ai as they can work 24/7 without rest and efficiently complete work faster than there Human counterpart. Many job are in the process of being loss as we speak as Ai continously develop many jobs like customer service can de done by ai chariots by also giving personalised data .Jobs like driver will be replaced by automatic ai based car as they are safer to travel in then driven by a Human.
It increase safety and efficiency of individual as they can do dangerous work like chimney cleaning,exploration using ai. This is the Paradox of ai in one hand increase our comfort and efficiency while on the other hand it is serious threat to many jobs and at last we can say that we must increase our skill and learn new skill to keep adapting to AI and the future it will bring.
AI Bias and Discrimination: The Ethical Implications in the Job Market
AI learns and operate by learning past data and analysing them if that data contains discrimination or bias against people of certain group it will make decisions that will further the bias to this group of people.e.g If AI is used in hiring process and it is bias toward a group of people it will have bad effect as they will not be able to employed. As AI I growing we use it in almost every field but we need to use it together with human supervision to ensure that there is no bias or discrimination in job hiring or other sectors
In conclusion as Ai grows so will the demand of Ai related field as well as problems related to it. So we can only try to adapt to growing Ai and learn high level skills, enhance creativity , collaborative skills and try to use Ai to our benefit. Governments should implement Ai courses from secondary level to educate our children’s.
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