Redefining the Future of Work: How AI Tools Will Transform the Nature of Jobs
Will ChatGPT take away our jobs? To put some of your fears to rest, ChatGPT is probably not coming for your jobs, at least not yet. However, futurist Thomas Frey predicts that 2 billion jobs today will be redundant by 2030 – a whopping 50% of today's jobs!
But there is good news, the World Economic Forum predicts that by 2025, automation and technology will create 97 million new roles, even as it displaces 85 million jobs. So, it's all about how you want to look at it - the glass can either be half full or half empty.
Over the last decade, the field of Artificial Intelligence (AI) has seen tremendous growth, and it's showing no signs of slowing down. In fact, the global AI market is estimated to grow from $119.78 billion in 2022 to a staggering $1,591.03 billion by 2030.
With advanced technologies like automation, machine learning, and robotics, we can expect significant changes in the nature of jobs. As a result, workers will require sophisticated technological abilities like programming and social, emotional, and higher cognitive abilities such as imagination, critical thinking, and complicated information processing.
To navigate this rapidly evolving landscape, companies must be future-ready. The question is: how exactly should they prepare for this transformation? Let's explore the exciting possibilities!
Preparing for the Future of Jobs: developing fusion skills
In their book, "Human + Machine," the author's Paul R. Daugherty and H James Wilson focus on "reimagining work in the age of AI". They provide a compelling example from Hitachi, where the company used AI analysis to optimize its work environment and processes while valuing its human workforce.
According to Paul and James, the new-age workforce must be equipped with "fusion skills," which entail striking a balance between human intelligence and AI-based automation.
This illustrates the importance of training workers in new skills in this era of AI and automation. The question then arises - which skills should we focus on? Let us delve deeper into these skills:
Rehumanizing time: Monotonous, repetitive chores may be real-time killers, but they are also ideal prospects for artificial intelligence. Employees can avoid these routine tasks through automation. This will free up time to concentrate on developing human relationships, higher-level skills, and innovation.
Judgment integration: This describes the ability of a human to use their expertise and help machines make better decisions in situations where there is too little information or when machines cannot accurately interpret the provided data. Companies should train their employees to ensure optimum decision-making while using AI tools. The combination of human instincts and the predictive power of AI can yield powerful results.
Intelligent interrogation involves asking questions to an AI system to get the relevant information and insights needed. This can be challenging since the questions need to be asked unambiguously, considering the language and terminology used by the AI system and its context. For instance, if the AI system is being utilized for medical diagnosis, employees should have the medical knowledge to ask relevant questions and get useful answers.
Bot-based empowerment: By leveraging bot-based AI agents, for example, a sales professional can handle mundane customer inquiries, allowing them to focus more on building relationships with clients and closing deals. This gives the sales professional the power to become more productive in their job and increase overall success.
Reciprocal apprenticing: Reciprocal apprenticing presents an opportunity to further the educational and developmental pursuits of humans and AI tools. Through reciprocal apprenticing, AI agents can learn new skills. At the same time, people can use the apprenticeships as an avenue for on-the-job training that will help them better understand how AI systems work and interact with them.
How iView Labs can make the transition easy for companies
Working alongside AI is becoming increasingly common in the workplace. Leaders leverage this technology to free workers from mundane tasks and facilitate more strategic decision-making. To make the transition smooth and responsible, companies need all hands on deck, whether educating staff or equipping them with relevant skills. Here, iView Labs can prove to be an invaluable partner in helping you navigate these changes effectively. Our team of experts is passionate about providing you with the best possible service and results.
iView Labs brings specialized machine learning, robotics, and natural language processing skills. Contact us at https://www.iviewlabs.com/talk-to-us. We can help you navigate the changing landscape of work. Visit our website, www.iviewlabs.com, for more information.