The Future of Automation: How AI Is Shaping Employment Trends and Skills?

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Artificial intelligence (AI) and automation impact more professions than it might seem. Naturally, you need to engage specialists with AI-related skills when starting an AI business. But what is an AI business?

Amazon, Hubspot, Uber, Zendesk, and even most of the hiring agencies that use AI to craft job descriptions are bit-AI businesses. Whether it’s producing AI-powered software or utilizing AI in their inner workings — almost ALL businesses are bit-AI businesses nowadays.

The total use of AI fuels the new era in the future of automation. To stay ahead of the competition, business owners have to navigate the evolution of AI-related jobs. Don’t you mind us reviewing the main tech talent trends for you?

Even More Automation in the Future

Automation is the future and the well-known past at the same time. Automation has been optimizing business flows for decades, with machines taking over repetitive tasks across various industries. AI, with its ability to learn and adapt, is now accelerating this trend.

AI-powered automation is the future of client-oriented services and innovative products. AI-powered systems can address clients’ requests, handle complex data analysis for better decision-making, assist with engineering design and simulations, and even creative tasks, previously considered the exclusive domain of human intelligence.

78% of executives (including Amazon’s CEO) say integrating AI into more business ops, services, and products should be a top priority. And 51% of companies believe that AI can help with cost savings (cost optimization is always trendy, agree?). It is so promising. Are there any concerns you might have? The main concern is the potential negative impact on employment.

The Impact on Employment

The rise of automation and AI naturally raises concerns about job displacement. 15.7% of 20-24 year olds are in jobs with high automation risk. It is especially relevant to occupations involving routine and manual labor. Jobs in manufacturing, transportation, and data processing are prime examples.

However, a complete takeover by robots is hard to imagine. A more likely outcome is a human-AI collaboration. AI will handle repetitive and predictable tasks, freeing humans to focus on programming and applying AI tools, as well as higher-order skills like creativity, problem-solving, and critical thinking.

Moreover, the popularity of AI creates more jobs than “cancels” if to believe the report by World Economic Forum.

It’s time to rethink job requirements! Worldwide, businesses are going to upskill more than 120 million specialists to cover the skill gaps associated with AI use.

The Evolving Skill Set

More automation in the future will demand new skill sets. But why in the future? For now, one of the most in-demand positions in the IT industry is AI/ML developer. And you know what? In 2023, 60% of IT companies said they lacked AI developers to bring AI initiatives to life as quickly as needed.

While technical skills directly related to AI and automation will undoubtedly be valuable, the focus will shift towards human-centric capabilities.

  • Critical Thinking and Problem-Solving. AI excels at automating tasks based on established rules. However, the ability to analyze complex situations, identify novel solutions, and think critically will remain crucial for human specialists.
  • Creativity and Innovation. Machines may excel at replicating existing knowledge, but humans are uniquely positioned to generate original ideas and drive innovation.
  • Communication and Collaboration. Human teams will need to clearly articulate tasks to AI systems and collaborate effectively with colleagues from diverse backgrounds.
  • Adaptability and Lifelong Learning. The pace of technological change will only accelerate. People must be to keep pace with evolving skills requirements.

Education and Training

To prepare for the future of automation, education systems need to adapt and equip students with the necessary skills.

  • Incorporating AI into the Curriculum. Students should gain a basic understanding of AI concepts and how to interact with AI systems effectively.
  • Focus on Critical Thinking and Problem-Solving. Educational curriculum should move beyond rote learning and emphasize critical thinking, problem-solving, and creative thinking skills.
  • Enhancing Soft Skills Development. Communication, collaboration, and adaptability are crucial for success in the human-AI workplace. Education systems should prioritize fostering these soft skills.

The Policy Landscape

While growing automation is the future, its consequences must be studied and regulated. It’s a big task for governments and policymakers to shape the data privacy standards and hiring laws for safe AI use.

  • Investing in Re-skilling and Upskilling Programs. Governments can create programs to help displaced workers acquire new skills relevant to the changing job market.
  • Social Safety Nets. As automation continues, policymakers need to consider social safety nets to support workers who lose their jobs due to technological advancements.
  • Ethical Considerations. The development and deployment of AI should be accompanied by ethical considerations regarding bias, transparency, and accountability.

Be Afraid of AI as Much as You Are Afraid of the Internet

Just as the internet has become ubiquitous, AI is becoming pervasive, integrated into everyday devices and applications, often in ways that users may not even be fully aware of.

The internet quickly became integral to business, communication, and entertainment, much like AI is now becoming essential in various industries such as healthcare, finance, and transportation.

The Internet led to the creation of new business models and companies, such as e-commerce, social media, and cloud computing. AI is also driving innovation, leading to new business models in areas like personalized recommendations, predictive maintenance, and autonomous systems.

Both the Internet and AI have significant economic impacts, driving growth in new sectors and creating job opportunities while also disrupting traditional industries and job roles.

Policymakers are working to address the ethical, legal, and societal implications of AI, similar to how they had to create regulations for the Internet.

As for businesses, companies playing by the new rules and hiring AI-savvy talent will grow faster, just like those who were first to embrace the power of the Internet.

Claire S. Allen
Claire S. Allen
Hi there! I'm Claire S. Allen, a vibrant Gemini who's as bold as my favorite color, red. I'm a fan of two cool things: strolling the streets in a red jacket and crafting articles that connect with readers. With my warm and friendly personality, Claire is sure to brighten up your day!
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