Over the past few years, applications of artificial intelligence have taken the world by storm, and now we live in a world where most technological applications use some sort of artificial intelligence model in their backend. This technology has continued to grow enormously, and now we’re at a point where sounding like Donald Trump or getting premium digital art can be done with a click of a button.

But there’s a lot of worry and anxiety when it comes to AI changing the way we see jobs and automation, and a lot of people are worried that AI might put them out of jobs soon.

For example, a report from the World Economic Forum that was taken back in 2020 stated that artificial intelligence might be replacing more than 85 million jobs by the end of 2025.

While this was something that agitated a lot of people, the report also stated that AI will create more than 97 million job openings, though these artificial intelligence jobs will be different from the jobs today.

Interested already? Make sure to read this guide till the end as we cover the technological advancements of AI, and how it’s shaping the future of work!

A Brief Introduction To Artificial Intelligence

Artificial Intelligence, commonly known as AI, has made significant progress in recent years, and its modern applications are becoming more prevalent and impressive.

From virtual assistants like Siri and Alexa to self-driving cars, computer vision, and voice synthesis that lets you sound like anything you want to, artificial intelligence has evolved beyond its original purpose of simulating human intelligence to performing tasks that seemed impossible a few years ago.

AI has developed into a powerful tool that can recognize images, play complex strategic games, generate music and artwork, and even learn on its own.

One of the most common use cases of artificial intelligence has always been to automate repetitive tasks, and instead of doing manual labor, people can now use AI programs that are capable of sifting through large amounts of data and making decisions according to the information provided to it, which is what data science and machine learning models are all about.

How AI Is Changing The Job Market

Whether it’s Elon Musk using AI to perfect his Tesla business, or UPS largely integrating AI into their logistics business to perfect delivery routes to save millions of dollars in fuel costs, it’s safe to assume that AI is for sure changing the way we see the job market.

Here are a few key ways where artificial intelligence changes the way we view jobs, giving you a better overview of the future to come.

Automation Of Repetitive Tasks

In today’s fast-paced world, businesses are constantly looking for ways to increase efficiency and productivity, and that’s where AI comes in swiftly.

By automating time-consuming and repetitive tasks, businesses can streamline their operations and free up valuable time for employees to focus on more important tasks. And with applications like Natural Language Processing and deep learning, businesses can train AI models to fit in with their workflow.

From automating customer service responses to optimizing supply chain management, the possibilities are endless, and it works great for customer success and retention.

Not only does this save time and money for businesses, but it also helps to reduce errors and improve overall accuracy. It’s no wonder that more and more companies are turning to AI for task automation, and the benefits speak for themselves.

Demand For Creativity and New Jobs

Sure, Artificial Intelligence might be taking over a lot of repetitive jobs, but what this does, in the long run, is increase the demand for creativity in humans. When we use machines and algorithms to automate the menial and manual labor of tasks, the demand for people with creativity, technical, and decision-making skills rises.

In addition, as we mentioned in the survey taken by the World Economic Forum, the implementation of AI in businesses will create more jobs than it takes away, as these businesses will need people with technical skills and proficiency in the world of AI.

Changing The Gig Economy

The gig economy is what we refer to as the world of freelancers and remote workers that work temporary jobs with clients. Since most remote workers perform tasks that can be automated, such as data entry, content writing, and more, the gig economy will ultimately be replaced with AI, putting a lot of workers out of work to find better, permanent jobs in the AI world.

What Does The Future Workforce Look Like?

We’ve explained how AI is being placed in the businesses of today. Now let’s go over our speculation, based on research, on what the future of work looks like.

• Increase Smart Assistant Involvement: Artificial intelligence-based virtual assistants are already revolutionizing the way we work, and in the next decade or so, we’ll be seeing more of them involved in workspaces than today. From scheduling meetings and sorting emails to managing tasks, these AI tools can take on mundane office responsibilities, freeing up time for employees to focus on better tasks at hand.
• Optimized Hiring: AI-powered predictive analysis is all the rage right now, and with more advancements in this space, the time isn’t far ahead when we’ll have AI software filter, analyze and choose the best candidate for job roles, based on their education, experience, and other factors.
• Introduction of Cobots: This is something that companies like Boston Dynamics have been working on for quite some time now, and it includes collaborative robots, or cobots, being introduced in workspaces to do the heavy lifting, whether it’s lifting heavy objects, or deploying robots to work in hazardous environments that can otherwise prove to be dangerous to humans.

Bottom Line

The bottom line is that AI is set to change the way we look at the job market. With applications like automation, increasing customer experience with deep learning, and various other entities, AI will change the job market by leaps and bounds, and the only way to stay ahead of it is to work alongside AI and find key ways that put you ahead of the game.