AI might eliminate 85 million jobs in just a year but create 97 million new ones. By 2030, 375 million people will be forced to change careers due to the implementation of AI in business processes across all industries.
If you’re unsure how to feel about these facts — panic or rejoice because of the new opportunities — let’s examine today the transformation of the jobs market due to AI development. We’ll review the current state of AI & business synergy and get to the point where we decide on the most and the least promising careers.
The summary:
Aside from tech enthusiasts who’d taken an interest in AI a long time ago, most people barely paid attention to this field until the introduction of ChatGPT and the increasing information bubble about the threats of AI taking our jobs.
However, AI has been around for quite some time and has been widely used in research, education, and business processes for many years already:
So, what has changed recently? Let’s pinpoint two significant milestones:
2020, COVID-19, the University of Oxford develops Curial — a rapid AI test for emergency rooms. The AI proves its efficiency in handling extreme situations. Meanwhile, OpenAI releases GPT-3 with 175 billion parameters for humanlike text generation, making a breakthrough in NLP.
2022 — OpenAI launches ChatGPT, and five days after the launch, the app acquired over 1 million users. Thus, the greatest exposure to using AI on a daily basis begins.
Companies that develop AI products attract massive investments, while tech giants reallocate their budgets to in-house AI development, starting the “arms race” in the age of AI.
The Numbers Behind the Top AI Tools
Here are just a few numbers for you to understand how huge the AI trend is today:
24 Billion: the number of online visits generated by the top 50 AI tools in 1 year
14 Billion: the number of visits generated by ChatGPT alone during that period
5.5 Billion: the number of visits generated by the US, followed by India (2.1 billion) and Indonesia (1.4 billion)
From multitool like ChatGPT to highly specialized products like Grammarly for improving your writing and Respeecher for speech processing, AI companies are emerging all over the globe:
What’s more important is that since 2020, there’s been a spike in AI development that is beneficial for business processes and encourages the easy integration of AI into any kind of enterprise.
The Increasing Number of Open Source AI
According to GitHub, the number of AI-related GitHub projects has significantly increased, growing from 1,536 in 2011 to 347,934 in 2022. See that spike between 2019 and 2020? Yeah, that’s when the accelerated changes in the perception of AI's influence on the business and the jobs market have begun:
AI Adoption Across Industries: Which Ones Are Ahead
Making The Headlines
Based on the recent news, it may seem that AI is indeed everywhere and inevitably merging into business and governmental action plans:
Airbnb acquires an AI startup for close to $200 million to build the ‘ultimate travel agent”,
Google’s AI weather forecaster beats a global standard and gives more accurate forecasts than Europe’s leading weather center,
The UK’s Department for Transport wants flying taxis to take off inside the country as soon as 2026, with driverless versions coming several years later.
So, are the forecasters, travel agents, and taxi drivers the only ones “threatened” by AI in the near future? Do they need to feel pressured at all?
To predict these kinds of changes, it’s wise to consider industry trends and the level of economic development in various countries.
Industries That Prioritize The Implementation of AI in Their Operations
As for now, the leading industries in AI adoption are retail, IT&Telecom, healthcare, automotive industry, and travel & hospitality:
68% of healthcare organizations use AI technologies,
63% of IT and telecom companies utilize AI,
44% of automotive organizations implement AI. By 2035, 75% of vehicles will be equipped with AI technology,
25% of travel and hospitality companies already use chatbots and other AI technologies.
However, cross-industry data proves that the increasing adoption of AI is just a matter of time for almost any field. Executives see the potential of utilizing these technologies to transform their business processes. A third of businesses already use AI, and 9 of 10 companies believe that AI can gain them an edge over competitors. Nearly 4 out of 5 companies prioritized AI in business strategy.
All in all, AI influence is inevitable in any business field. Which brings us to the main question: How will it affect human professionals? Will AI replace jobs?
Impact Of AI On Jobs And Employment: Who’s at Risk
First and most importantly, advanced economies are prone to transform businesses with the help of AI faster than emerging and low-income countries:
This means the automation trend may affect 38% of US jobs, 35% in Germany, 30% in the UK, and 21% in Japan.
Predictions about the impact of AI on the global job market in 2024-2025
By 2025, AI will eliminate 85 million jobs. Instead, it’ll create 97 million new ones,
AI and ML might replace 16% of US jobs by 2025,
Content creators and entry-level professionals across different industries believe their jobs are at risk because of AI.
What's next? Key AI Predictions Up to 2030
Intelligent robots might take the place of 30% of the global workforce.
375 million professionals may change careers by 2030.
Nearly a third of UK jobs could be replaced by AI in the 2030s.
Professions That Are Already at Risk.
AI has a reputation as a productivity booster. However, some roles may be at risk of total automation.
Entry-level data analysts and researchers. AI can overtake manual and repetitive data entry tasks, minimizing human errors and allowing specialists to focus on strategic tasks.
Customer service specialists. AI-driven tools, such as chatbots, automated phone systems, and knowledge-based systems (F.A.Qs, interactive troubleshooting guides), have successfully replaced the L1 support in service companies.
Entry-level finance and accounting specialists. Potentially automated tasks include data collection, data entry, categorization, reconciliation, and invoicing.
Entry-level legal workers. This scope of tasks includes document automation and contract review.
Travel agents. As automation tools become more advanced, many booking services are removed from the agents’ hands.
As you can see, AI may be a threat only for mundane and manual tasks. And, of course, its development is far from the human level of critical thinking and empathy. If you’re feeling anxious, don’t. Here’s a bonus: the list of 119 Jobs That AI Won't Replace.
The Future of AI-Influenced Job Market: Which Professions Will Be Beneficial
Let’s reiterate the critical thought: AI is not a threat. It’s a resource that gives us access to unlimited opportunities, such as:
Enhanced productivity in daily tasks: forget about manual tasks and focus on strategic and complex tasks.
More means of expression for creation: use AI for drafting and brainstorming.
New job sectors and career perspectives: AI-based digital assistants, smart devices, and robotic systems require specialists in development and support.
Easier upskilling: Implementing AI in businesses requires lifelong learning. At the same time, utilizing AI to gain new skills makes the education process far more efficient.
Elevation of human expertise: there are plenty of professions that require creativity, empathy, strategic thinking, and human judgment that are less susceptible to being replaced by AI.
New professions that will emerge thanks to AI
According to global research from the World Economic Forum, half of organizations believe that AI will create job growth in the next five years. While many jobs are tech-related, non-techies can benefit from AI implementation. A few examples of non-tech emerging roles include:
Prompt engineers, who are skilled at the development and refinement of prompts for apps like ChatGPT to achieve the desired output,
AI sales and marketing specialists who know the AI capabilities, can explain the benefits and “market” the AI solutions to businesses and consumers,
AI content editors and fact-checkers will be responsible for reviewing AI-generated content to ensure it is accurate, aligns with the company’s tone of voice, and free from biases.
Etc.
According to data from the World Economic Forum report, by 2030, 6-9% of people will be employed in jobs that do not exist today because of the impact of AI and automation.
Now is the best time to embrace those changes and make the decision for your future career.
Industries in which automation will create the most job openings
What is the safest option in a rapidly changing, tech-oriented world heavily relying on AI technologies? You know the answer. Become one of those who create new solutions, automate processes, and implement and support new technologies.
The number of jobs in Artificial Intelligence and Information Technology (IT) will definitely increase. Data engineers, data scientists, computer vision engineers, and IT professionals specializing in technology development and automation will stay in hot demand by 2030.
Wrap-up
While AI creates new jobs for non-techies, the greatest share of irreplaceable future careers lies in the tech industry.
Shortly, developers will be in the highest demand.
With AI tools, a developer can create a product that automates the work of dozens, even hundreds, of people. Of course, those who create AI solutions will be the most desired specialists among the top companies.
How long does it take to become proficient in software development? You can make it by 2025.What are the best programming languages for software and AI development? Java, Python, and C++. Since you’re conveniently reading this on a Java learning platform, let’s give Java a shot!
The summary:
So, are the forecasters, travel agents, and taxi drivers the only ones “threatened” by AI in the near future? Do they need to feel pressured at all?
To predict these kinds of changes, it’s wise to consider industry trends and the level of economic development in various countries.
This means the automation trend may affect 38% of US jobs, 35% in Germany, 30% in the UK, and 21% in Japan.
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