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Impact of AI on Employment
AI (Artificial Intelligence) is one of the great invention in the field of science and technology. AI offers great promise to derive businesses forward, automate manufacturing processes and deliver valuable insights. AI is increasingly being used across various industries, including logistics, manufRead more
AI (Artificial Intelligence) is one of the great invention in the field of science and technology. AI offers great promise to derive businesses forward, automate manufacturing processes and deliver valuable insights. AI is increasingly being used across various industries, including logistics, manufacturing, cyber security etc.
AI is set to affect jobs in 2024-2030 in various sectors like Google, Amazon, other online, manufacturing and software companies, etc. because of theirs software to creating presentation, content writing, analyze and enter data etc. In next 6 years, AI will be taking some jobs, but it will be creating new ones!
A study by the McKinsey Global Institute reports that by 2030, at least 14% of employees globally could need to change their carriers due to digitisation, robotics and AI advancements.
Forbes also says that, according to MIT and Boston University report. AI will replace as many as two million manufacturing workers by 2025. The report of Investment Bank Goldman Sachs says that, AI could replace the equivalent of 300 million full-time as well as part-times jobs.
Jobs are most likely to be automated in the following sectors given below :-
1) Customer Service Representative.
2) Receptionists.
3) Accountants/Bookkeepers.
4) Salespeople.
5) Research and analysis.
6) Warehouse Works.
7) Insurance Underwriting.
8) Retail.
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