Will I Lose My Job Because of AI?
Well, the quick answer is “depends’ and probably “not in the short run”.
AI will inevitably revolutionize the labor market, causing major changes across almost every industry. From taking care of mundane tasks to providing sophisticated analytics, AI tools will reshape the way we work. Below we will have a look at the impact of AI on the labor market, back it by some statistics, and discuss the importance of taking Action.
Produce More or For Less?
One of the main questions at the beginning of every wave of transformation or industrial revolution was if this new technology will result in more production with the same number of workers or the same output volume but significantly cheaper, as the workers could be laid off. And most of the times it was about the growth in output. Even in cases where there seemed to be absolutely no demand for more products in the market. Ultimately the price per product was decreasing and more consumers were willing to purchase it.
New Post-AI Jobs
The second thing is that there will be new jobs, but different. Invention and mass adoption of personal computers and the internet are both quite recent examples. Whole new industries were created. With millions of new jobs. But the types of them nobody could envision before. And that required demands a shift in skills, the same as now, when people will need to focus more on technological proficiency and less on routine tasks.
Some stats:
- PwC estimates that AI can contribute up to $15.7 trillion to the global economy by 2030.
- According to the World Economic Forum, 85 million jobs may be displaced by 2025, while 97 million new roles may emerge.
Learn to Use AI Tools
What’s the best strategy to adopt? Don’t try to withstand this wave, just learn how to ride it. Knowing how to use AI tools is extremely important for staying competitive in the market. Practical AI applications range from universal tools like ChatGPT for generating text content to advanced systems for data analysis and decision-making specific to your industry. Being the first to understand how to implement AI in your workflow can lead you to significant productivity gains and career growth.
Conclusion
The transformation of the labor market through AI is inevitable and is already happening. Embracing AI and learning how to use it effectively will not only boost your productivity but also future-proof your career. You need to start exploring the world of practical AI tools now and implement AI solutions in your daily tasks to stay ahead in this rapidly changing environment.
And of course we at InAction AI are here to help you with that!
