Artificial intelligence will be the greatest jobs engine the world has ever seen, which transform our world sooner. As A.I. has grown smarter, more and more people are wondering, “Is my job safe?” Are you one among them who is looking for an answer to this question? Then you are on the right path! Technology has progressed nonstop for 250 years. And in the U.S. unemployment had stayed within a narrow band of 5 to 10% for almost all that time, even when radical new technologies such as steam power and electricity came on the scene. According to studies at Oxford University and the Oxford Martin School, 47% of jobs in the United States can be fully automated in the next 20 years.
Expected fall down on the Job
Retail Salespeople: 92% likelihood
Advertising Salespeople: 54% likelihood
Market Research Analysts: 61% likelihood
Computer Support Specialists: 65% likelihood
Proofreaders: 84% likelihood
Couriers: 94% likelihood
Receptionists: 96% likelihood
Compensation and Benefits Managers: 96% likelihood
Bookkeeping Clerks: 98% likelihood
Telemarketers: 99% likelihood
How to Future-Proof Your Career
While A.I. will take over smaller, more time-consuming tasks, it can’t easily replace human emotions and behaviors that customers and audiences identify with. At the same time, technology is creating opportunities, paving the way for new and altered jobs, increasing productivity, and improving the delivery of public services. Yes, even today, some customers prefer to talk to human customer service reps over bots when they have a problem. For that, the company should need strong emotional intelligence or other teamwork-oriented skills. If companies can effectively manage to upgrade the skills of existing workers and splitting tasks between employees and machines, they would create the opportunity for higher productivity growth.
When we consider the scope of the challenge to prepare for the future of work, it is important to understand that many children currently in primary school will work in jobs as adults that do not even exist today.
Did you know machines will overtake humans in terms of performing more tasks at the workplace by 2025? Access to education and training may prove to be even more valuable than financial support. If A.I. is to be a boon, not a global burden, its benefits will need to be shared.
Preparing for and adapting to the changing nature of work requires a strong social contract. While the precise components of such contracts may vary, they must ensure the appropriate investments in education and social protection. Yet sustaining renewed action in these sectors calls for substantial fiscal resources. A range of financing options is available to policymakers, the exploitation of which would require careful technical assessments, combined with political leadership at both the national and global levels.