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The Impact of AI on Jobs: A Cautionary Tale

In the ever-evolving world of Artificial Intelligence (AI), concerns about job security are prevalent, sparking debates on whether AI will replace human workers. While predicting the future remains uncertain, history shows that disruptive technologies like the mechanical loom, tractors, and computers led to unexpected blessings in the form of increased productivity and new job opportunities. The current buzzword, AI, is no exception to this pattern.

Rather than being a total replacement, AI can be seen as augmented intelligence, empowering humans in various ways. It enhances decision-making, boosts productivity, offers personalised experiences, and fosters collaboration. Instead of fearing job loss, we should embrace AI as a strategic partner in our organisations.

“Having the knowledge of how to use AI tools to increase your productivity is going to be like knowing Excel to benefit your job. If two equally experienced candidates applied for the same job, the individual with knowledge and experience in using AI tools will be favoured by most employers.” – Barry Neethling, co-founder, First Technology Group.

The Impact of AI on Jobs

AI has become an integral part of our daily lives in various ways, such as in maps and navigation, facial recognition, and fraud detection. However, AI should be seen as a colleague rather than competitor for our jobs. It collaborates symbiotically with humans, empowering them in decision-making, improving productivity, and providing personalised experiences. AI also has a role in continuous learning, risk mitigation, and job creation.

History Repeats Itself

Disruptive technologies throughout history, like the mechanical loom and tractors, initially threatened certain jobs but led to increased productivity and new job opportunities. Similarly, AI is expected to create new roles, such as AI trainers and data analysts, and transform existing jobs as humans collaborate with AI colleagues. Job roles that require empathy, creativity, intuition, and social intelligence will likely remain unaffected.

AI as a Strategic Partner

AI-powered tools can streamline workflows and assist in various tasks, such as contract indexing, process discovery, and intelligent chat bots. Tools such as Microsoft Copilot, Microsoft Syntex and Nintex Process Discovery already leverages these technologies to offer employers productivity gains. Rather than replacing human workers, these solutions exist to support and enhance their capabilities. The human touch will continue to be indispensable in industries that require empathy and creativity.

Preparing for the Future

While some jobs may be impacted by AI, there will also be an influx of new roles that we haven't yet imagined. Teachers, writers, medical professionals, and management professionals are among those less threatened by AI. Further to this, tools such as Microsoft Viva and Colossyan focus specifically in improving employee engagement or customer satisfaction be speeding up the time to build and executing employee and customer initiatives. Human workers will play a crucial role in adapting to a future with greater AI presence, facilitating technology adoption, and ensuring its effectiveness.

Embracing the Future

The fear of AI stealing jobs can be likened to the Luddites' fear of technology during the Industrial Revolution. Instead of resisting, we should embrace AI as a powerful tool to enhance our lives and work. AI will only replace jobs when we allow it to, but by partnering with this technology, we can shape a future of opportunity and prosperity.

In conclusion, the impact of AI on jobs is a topic surrounded by uncertainty and speculation. While AI will undoubtedly bring changes, history has shown that disruptions can lead to positive outcomes, creating new job opportunities and improving living standards. Rather than fearing the rise of AI, we should view it as a strategic partner that enhances human capabilities, empowers decision-making, and revolutionizes the way we work. By embracing AI's potential and adaptability, we can pave the way for a promising future of collaboration and growth.

Business Development at First Digital

I am Chris Ainslie & I head up sales & business development at First Digital. I began my career as a developer and have since found myself in many roles, from architect to project manager and scrum master to analyst, all centred around delivering software projects. I've had the privilege of leading various development teams working with the latest exciting technologies to solve challenging business problems.

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