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Impact of AI on employment


2018-09-20 19:11:08

The subject chosen is been the main cause for protests and movements since the beginning of Industrial Revolution in World history. It is because of a constant threat to the working class.

What is AI?

Artificial Intelligence is the showcase and demonstration of intelligence by machines. It is also known as Machine Intelligence. The intelligence demonstrated by machines is in contrast to natural intelligence by humans and animals. Being quoted as Intelligence by machines, you've guessed it right. This is going to be the replacement to humans display of intelligence. AI is a study field in Computer Science.

Researches in this field of study define AI as, ”Any component or device which understands and analyse its environment and functions accordingly in order to maximize the possibility of successful accomplishment of its goal.” AI is when a machine impersonates or mimics the associative intellectuality of human minds like understanding, analysing, learning, suggestiveness to possible solutions to a problem.

How AI works

AI operates by combining huge data with swift, iterative processing and intelligent algorithms, allowing the software to learn automatically from the pattern and features of data. AI is a broad and most engaging field of study which includes many theories, methods and technologies.

AI’s impact on Human employment

With all the knowledge about Artificial Intelligence, we all know that AI is the proven, evident solution for the world’s advancement. But this evokes a notable concern regarding the impact of AI on workforce and human employment. Artificial Intelligence is the soothsayer of large-scale unemployment. The cause is due to Automation and AI Systems. In any given industry, the arrival of Artificial Intelligence accelerates the socioeconomic system in a wide range. This impacts markets, education, healthcare, businesses, social welfare and employment models. Monotonous jobs and such roles at are at risk of being obsolete with automation technology. For example, call centre and customer care related tasks and document verification, classification, content moderation, many more roles which are primarily based on software are easily automated. This reduces the requirement of human work. This obviously increases the efficiency and effectiveness of work. The scenario is no different for roles related to operational support in the production of a manufacturing sector. Humans are already being replaced with bots which are 100% more productive with less risk at stake for the factory owner. Smart robots navigate safely with 100% accuracy. Bots also are designed with capabilities to perform complex machinery assembling operations. Artificial Intelligence is a proven and effective advancement in technology to handle more complex activities more effectively, with precision. Many real-time activities demanding the processing of signals, data streams and knowledge are performed by AI designed systems which indeed eradicated the requirement of humans employed for the same.  Considering automotive vehicular advancement, driver-less cars clearly pictures the AI’s impact on human employment for driving car. AI-assisted car captures the real-time traffic on the road, understands the environment and its dynamics. It calculates the average vehicular movement and average speed of surrounding vehicles in real-time and decides its action so as to avoid any kind of disruption to the movement of the vehicle. It acts accordingly in real-time. This is visibly proven fact that AI designed the Self-driven car is safer, secure and efficient Summatively, AI’s goal is to provide software with that reason on the input and explain on output. It provides human-like interactions with software and offers decision support for specific tasks. But AI is not surely a replacement for humans anytime, any further.

Artificial Intelligence can create new jobs

We can debate on threats posed by AI for ages, but robots in their workstations also create new opportunities for human workers. The combined workforce of the AI system and specialist staff results in increased productivity. The customers get their services and orders sooner with increased efficiency, thereby customers remain loyal to the company for their responsible and efficient service. Revolutionary AI technology most certainly leads to new job creation in the field of science, technology, engineering, robotics, mathematics, nanotechnology, etc. As the world tends to rely on automation and robots for work, the companies will require more and more people with technical skills for updates and up-gradation. An international study by Federation of Robotics reported that one million robots directly created nearly three million jobs. The research also published that less than 10% of jobs are completely automatable. This obviously shall be a damage to human employment as the AI technology gathers the momentum of the world. But this also creates a plenty of opportunities for humans who are prepared to embrace a changing workplace. This also inspires and educates people, the necessity of technical education to remain relevant in today's changing world.