Debunking The Myth: No, AI Will Not Take Your Jobs

Your future AI expertise depends only on whether you will take a plunge and invest your time in learning more about it.

By Dr. Sana Farid | Oct 02, 2018
Shutterstock

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

“By 2022, half of the human workforce will be wiped out.”
“Robotics and machinery will take over.”
“Automation will take up your jobs.”

These are some of the common phrases which people often repeat and which usually circulate on LinkedIn walls and in Op-Ed articles. What is the credibility of these statements, and to what extent will automation REALLY impact human labour? As per the World Economic Forum’s report “The Future of Jobs 2018”,which was published last month, by 2022 humans will perform 58% of the task hours while machines will perform 42%. So, is it a scary warning of the upcoming doomsday for job-seekers?

Yes, AI Will Destroy Jobs
It will. But the good news is, it will create more jobs than that. As per the Gartner’s insightful predictions for the future, AI will be the driving force behind the creation of a whopping 2.3M jobs while only eliminating 1.8M jobs. That makes it a positive net job motivator. Even the latest report on the future of jobs by WEF discloses the revelation by 59% of employers who believe that, by 2022, they will heavily change the way they produce and distribute their products and services by changing the composition of their value chain. Another insight from the same report reveals that businesses will grow by leaps and bounds within the four-year period of 2018 to 2022. The report accredits this development to the following five components:

  • High-speed mobile internet
  • Artificial Intelligence
  • Widespread adoption of big data
  • Analytics
  • Cloud technology

Hence, it becomes evident that AI will transform the business and consumer realms. This will replace some jobs but will also lead to a demand for new skills and individuals flaunting these skills. This is because Artificial Intelligence though being a smart technology still requires inputs and efforts of a human to make it a widespread reality. The abundant need of developers, product designers, AI-strategists will only create a positive tremor in the job market. The inexpensive technology will be incorporated in products (courtesy Internet of Things) before they are created. One could either work on themselves to uphold the title of a ‘versatilist’. Or, they could specialize and upgrade their skills. The sooner an individual realizes the scope and purview of AI-compatible skills, the better it is.

AI-Compatible Smart Skills
It makes complete sense for an individual to chalk their future by leaning towards a career influenced by emerging technologies.

  • AI and data science courses are preliminary before taking a deep dive into the field. They are a great method to be aware of the magnificent scope of the industry.
  • With concerted efforts from multi-national companies, such as Google, Apple, and Microsoft, and organizations, such as NIPS, Re-Work, O’Reilly, or Gartner, one can keep in touch with the latest developments through seminars and conferences which are mostly live-streamed.
  • Keeping up with the trends is otherwise also feasible through very accessible means of Internet. But beware, do not get carried away by diluted statements like the ones you read at the start of this article.

The first movers to an AI-based industry will provide the first AI-oriented jobs in the market and make it helpful for an aspirant to make a career choice. If you truly see yourself rooting for a career with passion and everyday developments, it is not difficult to find companies around who are also looking for avid learners like you. Unleash the positive change through AI. Discerning true AI companies and going on-board with them is all it takes to create a fulfilling career marked by new learning every day.

AI can be intimidating, but your future AI expertise depends only on whether you will take a plunge and invest your time in it. Learning AI requires serious effort but then, which profession doesn’t?

Related: The Future Is Now: The UAE Is All Set To Be A Leading Destination For AI Investment

“By 2022, half of the human workforce will be wiped out.”
“Robotics and machinery will take over.”
“Automation will take up your jobs.”

These are some of the common phrases which people often repeat and which usually circulate on LinkedIn walls and in Op-Ed articles. What is the credibility of these statements, and to what extent will automation REALLY impact human labour? As per the World Economic Forum’s report “The Future of Jobs 2018”,which was published last month, by 2022 humans will perform 58% of the task hours while machines will perform 42%. So, is it a scary warning of the upcoming doomsday for job-seekers?

Yes, AI Will Destroy Jobs
It will. But the good news is, it will create more jobs than that. As per the Gartner’s insightful predictions for the future, AI will be the driving force behind the creation of a whopping 2.3M jobs while only eliminating 1.8M jobs. That makes it a positive net job motivator. Even the latest report on the future of jobs by WEF discloses the revelation by 59% of employers who believe that, by 2022, they will heavily change the way they produce and distribute their products and services by changing the composition of their value chain. Another insight from the same report reveals that businesses will grow by leaps and bounds within the four-year period of 2018 to 2022. The report accredits this development to the following five components:

  • High-speed mobile internet
  • Artificial Intelligence
  • Widespread adoption of big data
  • Analytics
  • Cloud technology

Hence, it becomes evident that AI will transform the business and consumer realms. This will replace some jobs but will also lead to a demand for new skills and individuals flaunting these skills. This is because Artificial Intelligence though being a smart technology still requires inputs and efforts of a human to make it a widespread reality. The abundant need of developers, product designers, AI-strategists will only create a positive tremor in the job market. The inexpensive technology will be incorporated in products (courtesy Internet of Things) before they are created. One could either work on themselves to uphold the title of a ‘versatilist’. Or, they could specialize and upgrade their skills. The sooner an individual realizes the scope and purview of AI-compatible skills, the better it is.

Dr. Sana Farid

Co-Founder and CEO of Munfarid Consulting
Dr. Sana Farid is a pioneer ARVR Strategist in the MENA region, and the co-founder and CEO of Munfarid Consulting, a MENA-based AR/VR Education Consultancy consortium. She is an avid researcher determined to use future tech solutions for societal well-being. A qualified surgeon and a distinguished ambassador of women empowerment programs in the region, she...

Related Content

Technology

From Builders to Creators: How Cozi.Club is Creating Dubai’s TrustCommunity of Exceptional Global AI Creative Talents

Dubai has no shortage of ambition, capital, or innovation hubs. What it has lacked until recently is a functional trust community that helps global creative talent and AI founders transition from arrival to real traction. That gap is what Cozi.Club was built to solve, a trust community for creative AI builders’ success. Positioned at the […]
Technology

Arabic.AI Collaborates with Stanford University’s Center for Research on Foundation Models to Advance Arabic AI Benchmarking

Arabic.AI, the regional leader in Arabic artificial intelligence and enterprise technology solutions, today announced a collaboration with Stanford University’s Center for Research on Foundation Models (CRFM) to establish the first holistic benchmark for evaluating Arabic large language models (LLMs). The project represents a significant milestone in global AI research and ensures that Arabic receives the […]
Technology

NLPearl’s Vision for Scalable, Human-Centered AI Voice Infrastructure

A growing share of organizations adopting artificial intelligence in their customer service have reported an increase in customer satisfaction percentage, yet tech entrepreneur David Sztern, CEO of NLPearl, believes that few technologies have succeeded in making those interactions feel natural. NLPearl was built to bridge that gap by blending technical innovation with a clear operational […]
Technology

From Master Planning to Autonomous Security Operations: How Mustafa Masri Is Expanding the Boundaries of Security Consultancy in the Gulf

The security industry in the Gulf is taking to the skies. No longer confined to walls and cameras, it now reaches into drones and autonomous systems. Mustafa Masri, founder of DSP Consultants, is shaping how UAVs are applied for medical delivery, agriculture, and security, transforming how developments monitor and manage their environments. Masri brings nearly […]