Saturday, March 4, 2023

Will Artificial Intelligence Kill your Jobs ?

We have been observing rapid growth in AI in recent times. A lot of innovations and new technology is entering the market. With the rise of AI and similar technologies, the most discussed question currently among the masses is, ‘Will AI take away your job?’


The short answer is NO!!

Let’s understand what artificial intelligence is. AI can be considered as tools, technology, algorithm, method, etc. you call it whatever you want to call it. The main goal of AI is to mimic and simulate human intelligence. Primarily, it is used to do tasks that require human intelligence. 

In this era of technology, we humans are the medium. What does that mean? It means that we channelise our intelligence & creativity to create and produce things, with the help of tools and technology. These tools and technology can be AI, coding, gardening, carpentering, painting, etc. 

We can’t deny the fact that intelligence and creativity with the help of technology produce very efficient and effective solutions. A lot of innovations are possible when creativity and intelligence meet technology. The output of the solution varies from solving mathematical problems and solving policy issues to creating cutting-edge technology to make our lives easier.

Artificial Intelligence is great at recognizing patterns. It lacks in building something absolutely new. Most jobs and tasks require a subjective angle. Whether the task is done or not is not the question. The relevant questions are, Do I have to go with this approach? Is this solution more effective than the existing one? Do I like the work? So, to answer these questions, there is always a need for a human angle.

So, is it safe to say that AI will never take away jobs? No! AI will eat away repetitive jobs. 

Mechanical jobs can also be replaced by automation. 

AI will take away jobs that have patterns as AI is good at recognizing and learning the patterns. The truth is, most jobs and work require human intervention so AI will help them. AI will go parallel with traditional jobs that require human actions. AI can never replace experience. 

A person with a great understanding of business can use AI to bring better solutions. Understanding the customer, making the best decision for consumers, understanding the strengths of the partnership, etc. can never be done by AI or any similar technology.

AI will also create new jobs that will be technology related. AI and similar technology will boost economic growth as more and more work will be done by minimum hands in less time. Firms adopting the latest technology will gain huge profits. And the buying capacity of the consumer will also increase as the price of the product will go down increasing the demand. So, jobs will be created to cater to the demands. 

Innovations and technology have always replaced human beings in the past, especially after the industrial revolution but these innovations have also created new jobs. Always remember that Artificial Intelligence is a tool, not a threat. Make AI your friend and you will always enjoy the rise of Artificial Intelligence.