In recent years, artificial intelligence has gained much traction. This was largely due to breaking the human productivity bottleneck, lowering repetitive tasks, and improving working efficiency. As a result, virtually every industry throughout the world plans or has introduced AI in its business.
Implementing AI could also, however, lead to several human jobs being eliminated. In reality, AI has outperformed people in all imaginable ways in fields like medical diagnostic, speech translation, as well as accounting. There is also this overarching concern that AI will take over most of the jobs worldwide one day.
The accounting firm PwC estimates that between 2017 and 2037, more than 7 million jobs will be moved by AI. It would, however, also create 7.2 million jobs, a net profit of 200000 Million USD.
15 Ways AI is Creating More Jobs
Rising Demand of Hybrid Man-Machine Teams
The way people and AI blend to build hybrid teams would depend mostly on the future of jobs. An AI has forces like speed, computing, precision, etc. An individual has strengths like empathy, cognition, judgment, and so on. This position will incorporate both AI and people’s strengths to achieve improved business results. The Accenture report last year predicted that new AI-human cooperation applications would increase jobs by 10 percent by 2020.
Companies that implement AI effectively can provide their companies with more capital. In turn, this would lead to higher salaries, improved technologies, and more productivity. Companies can effectively extend their reach worldwide with such results. As a result, they need a global workforce, which again provides massive jobs.
Artificial Intelligence Role in Sales and Marketing
In marketing and sales, AI already has a significant position. AI will help create effective, large-scale sales forces by developing smart databases. Tools like Zendesk as well as Salesforce with AI helps corporations to hire their businesses to appropriate sales teams.
AI Assists Companies to Scale-up
If AI and learning machines could use large volumes of large data wisely, they could help businesses achieve better performance. It also increases the staff retention rate and helps to acquire new customers. This creates new opportunities for employment as businesses start to expand and develop and support the entire industry.
AI will Generate Job Positions:
A recent WEF study predicted that almost 50 percent of corporations’ full-time staff would decline over the next few years. Even if AI eliminates jobs, it creates demand for new jobs. Human beings are required to monitor, strengthen and manage work to operate properly. The WEF suggested that additional skills to manage the interaction between technology and people would be necessary for new roles.
Artificial Intelligence Maintenance Jobs
AI helps companies work in fields like automation, customer service, etc., more effectively. In all their critical processes, several organizations incorporate AI too. The market for an AI maintenance workforce is booming, as AI is introduced in every industry. To manage their systems, firms will need large numbers of AI developers and engineers.
AI and Robotics
Over the next few years, the field of robotics will expand enormously. Company businesses worldwide gain considerable business interest from AI-based robots like stationary robots, non-humanoid robots, as well as fully autonomous aerial drones. This higher demand is bound to provide AI robotics engineers with a lot of employment.
Artificial Intelligence Facilitator Roles
The increased adoption by AI would require AI facilitators to give businesses the flexibility to build their own AI environments. This function involves the development of automated environments and construction systems, for example, virtual aids. The AI-based environment helps staff to work better with safety, data control, management, and enforcement without compromises.
AI and Healthcare
Health is one field in which AI applications have much reach. PwC reports that it will be one of the AI’s largest winners, with employment prospects growing by almost 1 million. AI healthcare will, in the immediate future, be available on request to everyone. Therefore, there will be a growing demand for AI-assisted employment for healthcare technicians.
AI and Gaming Industry
AI apps are enormous in the gaming industry. AI played an essential role, which reaped enormous rewards for gaming companies, from game design and growth to operations and maintenance. Companies are bound to invest much money in AI-based systems because virtual reality games have become very common. Therefore, gaming work by AI developers has been highly sought after.
AI and Automated Transportation
Throughout the automated transport market, AI has already been playing a major role. Companies such as Google and Uber spend millions of dollars on AI-powered automobiles and lorries. As this means of transport begins mostly in the future, numerous vacancies will be created for AI engineers and computer learners.
AI and Financial Services:
Corporations like banks in Financial Services require AI engineers to build systems to detect and prevent fraud. They often use an anomaly detection model based on machine learning to track and recognize suspicious behavior. AI is progressively used during financial marketing, apart from the defense. Financial firms create programs that can organize consumer travel on their favorite networks at the right time. Therefore, the AI employment scenario is extremely optimistic throughout the Financial Services market.
AI and Education
The latest PwC study has shown that almost 200000 additional jobs are expected in the education sector. Gently, the education sector moves to e-learning. AI relies heavily on concepts such as intelligent content, personalized education, and others that are data-driven. An eSchool news report showed that AI would be improved by 47.5 percent in education by 2021. In order to promote this development, many AI and machine learning experts must be recruited from the industry.
AI and Entertainment Industry
Throughout the entertainment world, AI and machine learning have seen enormous promise. Streaming services such as Spotify, Netflix, Amazon Prime, and Hulu also use their business model AI technology. AI algorithms can be used to suggest the media that meet the needs of the user by recognizing the online actions of consumers. This is only one of the many uses offered by AI in this field. Thus the industry would certainly employ a massive AI staff to meet all its requirements.
Digital Assistants and AI
The better the year becomes digital helpers like Siri, Google Assistant, Bixby, and Alexa. Global IT behemoths like Samsung, Google, and Amazon put billions of dollars into making complicated tasks for digital assistants. These tasks require knowledge of our everyday activities, speaking comprehension, etc. The global smart virtual assistant market is going to hit 19.6 billion USD by 2025, as per the Zion market report. This estimate simply shows that a large number of AI jobs in this industry will be created.
This is how AI is creating more jobs in the current world. Therefore it can be concluded that AI will change the future of the industrial and job sector.