The Impact of Artificial Intelligence on the Job Market

AI (Artificial intelligence) has been a buzzword in the tech industry for several years, last year, especially since it just burst into the stock market; any mention of AI in any company and boom, prices go up.

Current technology has been used to automate repetitive tasks, analyze data, and make predictions. AI has also created new industries, such as self-driving cars and voice assistants. One of the arguments favouring AI is that it will create new jobs; these jobs will be in the healthcare, education, and entertainment industries. Voice assistants such as Alexa and Siri have created a new industry of voice-activated devices.

While AI will create new jobs, it will also replace some human jobs; these jobs will be in industries such as manufacturing, transportation, and construction. AI-powered machines will replace workers in factories, but that could mean dangerous jobs to be taken over by machines from humans; in that respect, it is no different from what happened to agriculture with the invention of the tractor.

I think AI will change the nature of work rather than eliminate it. AI can be used to automate repetitive tasks, allowing workers to focus on more creative, complex and elevated tasks. The impact of AI on the job market is inevitable. Employers and employees must prepare for this impact to ensure a smooth transition. Here are some ways to prepare for the impact of AI on the job market:

1. Upskill and reskill: Workers must learn new skills to keep up with the changing job market. This could mean learning how to work alongside and leverage AI.

2. Creativity and critical thinking: AI will take over repetitive tasks, leaving workers to focus on more creative and complex tasks. Workers must embrace creativity and critical thinking to stay relevant.

3. Lifelong learning: Learning should not stop once a worker has a degree or certification. Workers must focus on lifelong learning to keep up with the changing job market.

4. Create new policies: Employers and governments must create policies to support workers who are displaced by AI and provide training programs for them to learn new skills and stay relevant.

AI presence is imminent and the future of work will be shaped by it, but it is up to us to ensure that this impact is a positive one, for all of us. Embrace the change; what if there were a universal income and you didn´t have to work any more, that wouldn´t be so bad, is it? It could allow us to focus on human development, the future of our society.