We’re entering the 4th industrial revolution. One of the key technologies that will shape the state of this revolution is AI, but many people view AI with a huge amount of trepidation. It’s the technology that potentially could make ourselves, our children, and our grandchildren redundant – but will this be the reality?
“No,” says Michael Cook from Cognizant’s Center for the Future of Work, who recently hosted a seminar based on the report 21 Jobs of the Future at ONS in Stavanger. “We do see some job disruption, but we also see massive job creation on the back of this technology.”
The report, which has gained a lot of interest from e.g. The Times and Business Insider, outlines a list of 21 new jobs that will emerge as a result of artificial intelligence and automation. Truth is, in the near future, it will be difficult to find a job that isn’t changed in some way by AI and automation. While some jobs and many job tasks will simply be automated away, many completely new job titles will be created and numerous others will be enhanced by intelligent bots augmenting human skills and sensibilities.
21 million new jobs
In fact, the report suggests that machine intelligence and other emerging forms of AI will ultimately make work better, particularly as businesses harness AI to make work less dull, dirty and dangerous. Of the current U.S. labor force, it is estimated that about 12% of the existing jobs will be replaced, 75% of jobs will be enhanced, and new job creation will be 13%. The latter equals roughly 21 million new jobs that will be created in the next decade through intelligent automation, with many focused on the very human capabilities required to provide services revolving around three main themes: coaching, caring and connecting.
Trim your skills now
How should the current workforce adapt then? The future of learning equation is about skills, content and training. Fast. We’re on the cusp of a great digital build-up, where retraining, adapting and keeping up at speed is particularly important for those who wants to remain competitive.