Artificial Intelligence (AI) will likely force you to find a creative profession you really love. If your job consists of manual, repetitive tasks, chances are that a robot will take it over in the next decade.
AI is infiltrating our industries. From dish-collecting robots to medical diagnoses that use deep learning algorithms, the current technological revolution is fast and widespread. The impact of AI technologies has grown tremendously in the last decade and, unlike previous revolutions, is affecting every industry.
While AI isn't new, the real-world applications are.
You can see changes to the workforce everywhere. A Goldsmiths research team predicts that 80 percent of repetitive jobs will soon be accomplished by machines. The social implications are vast. By automating dangerous tasks for example, AI innovations will create safer environments for employees. By making processes quicker, safer and more reliable, AI automation will increase the quality and quantity of production.
However, the most impactful change on human lives is the ability to automate repetitive tasks. This will create an environment for jobs that require creativity, human interactions, critical thinking and complex problem-solving. This will encourage innovation and ingenuity all around.
This transition is already significantly underway. In the sales industry, for example, a traditional sales representative may spend 80 percent of their time prospecting, sending emails and following ups, with little time remaining to use their real interpersonal expertise to build rapport and relationships with their prospects and clients.
Advanced lead generation and sales automation technologies powered by AI are now able to handle the low-level manual tasks, freeing up Sales Representatives to build meaningful relationships with qualified prospects.
Banking and Finance is another industry that is being disrupted by AI. Traditionally, portfolio managers use manual analysis and spreadsheet to evaluate assets, companies, and stocks. Nowadays, firms such as Darwinian Capital Management are basing their core investment strategy around AI.
"We use artificial intelligence and advanced statistics to guide unique investment decisions that can outperform both human intuitions, and the market as a whole, with lower risk than the market," says Founding Partner Andrew Boos.
So, what does this mean for your job?
A lot of jobs will be taken over by AI. However, automation will open up new roles. These new roles will be more complex, more creative, and safer. They will result in more job satisfaction and fulfillment because of their creative engagement and skill requirements. This will also lead to less job switching and better mental health. These new jobs will also be well-compensated and require specialized education.
The transition will likely neither be smooth nor rapid. In the future, individuals, organizations, and governments will have to stay on their toes to adapt successfully.
Individuals will need to seek out new opportunities, learn new skills and cope with technology changes. And, it's never too early to get started! Read about your industry, your specific job function and how AI is affecting it. Brainstorm ways for you to get involved in parts of your organization that won't get dissolved or take on more managerial responsibilities. Take some online classes or evening programs to diversify your skill set. Your employer may even be willing to pay for it.
AI is forcing us to explore the relationships between humans and machines. With repercussions in social, economic and political spheres, the removal of humans from menial, dehumanizing tasks will boost human expertise and creativity. A lot of jobs will be taken over by machines and we will need to adapt quickly to thrive. Ultimately, we may use it to society's full advantage, and spur a wave of change that makes us all more human.