Rise of generative AI: The job creator or taker?

Technology is rapidly evolving, and one of its most transformative aspects is the rise of artificial intelligence (AI). As AI becomes more prevalent across industries and domains, it is imperative for individuals to adapt and acquire new skills to keep pace with advancements. With time, AI started learning from data, slowly gathering knowledge and adjusting its behavior based on feedback. Today, it recognises faces, understands speech, and even translates languages.

AI is smarter and more capable than ever before. With each passing chapter, AI continued to evolve and went from being a mere calculator to a creative companion. It is an expert in fields like medicine and finance, helping humans make better decisions.

Upskilling: The key to working effectively with AI, not against AI

Generative AI has gained prominence with its ability to generate realistic and high-quality content across various domains. This technology has opened up new possibilities in creative fields, entertainment, marketing, product development, and design.

With all the uproar received by generative AI, employees are becoming apprehensive about the possibility of these tools taking up their jobs. However, the future of generative AI holds immense potential to revolutionize industries and create new jobs instead, for instance:

AI-Augmented Professionals: Rather than replacing professionals, AI is likely to augment their abilities. Professionals in fields like medicine, law, finance, and research may rely on AI systems to analyze vast amounts of data, offer insights, and support decision-making processes.

AI Ethics and Governance: With the rise of AI, there will be an increased need for experts in AI ethics and governance to ensure responsible and ethical use of AI technologies, address potential biases, and privacy concerns, and establish guidelines for their development and deployment.

AI Trainers and Explainers: As AI systems become more sophisticated, there will be a demand for individuals who can train models for specific domains or tasks. AI trainers will curate high-quality datasets, supervise the training process, and ensure AI systems align with desired outcomes. AI explainers will help interpret AI decisions, contextualize, and increase transparency.

AI Security Specialists: With the increasing integration of AI in various systems, the demand for professionals specialising in AI security will grow. They will focus on identifying and mitigating vulnerabilities, protecting against adversarial attacks, and ensuring the integrity and confidentiality of AI models and data.

Continuous learning and upskilling: The need of the hour

As the field continues to advance, we can expect further improvements in the quality and versatility of generative AI models, opening up new possibilities for human-machine collaboration and creative expression. A few use cases of generative AI across multiple business functions and industries include customer support, content generation, education, and training, healthcare, gaming, and entertainment. Overall, AI will help free up human agents’ time to focus on more complex issues.

Businesses need to focus on harnessing the power of AI by nurturing the skills of their employees in parallel with the disruptive advancements in technology, ensuring they are well-positioned to leverage the opportunities AI presents. This allows both employees and business leaders to delegate repetitive and tedious tasks to technology, freeing up more time for engaging in exciting, creative, and strategic endeavors. Other merits of using generative AI include:

● Enhanced productivity
● Automation of repetitive and time-consuming tasks, enabling employees to focus on higher-value work.
● Informed decision-making support
● Improved customer experience and customer satisfaction
● Reduced workload on human support agents
● Streamlined operations
● Improvement in quality control and achieve cost savings

By staying proactive and learning continuously, employees can position themselves to work alongside generative AI, leveraging the aforementioned capabilities while bringing unique human insights and skills to the table.

Future job landscape: An effective human and AI relationship

The future job landscape will require a combination of technical expertise, domain knowledge, and human-centric skills such as creativity, critical thinking, and emotional intelligence. Continuous learning, adaptability, and a willingness to collaborate with AI will be crucial for professionals to thrive in this evolving landscape and the jobs of tomorrow.

While the rise of generative AI and AI in general will impact job roles, it will also create new jobs and opportunities across industries. By fostering a learning mindset, and continuously upskilling, businesses and professionals can adapt quickly, identify and tap into new opportunities, and stay ahead of the competition.

(This article is authored by Kashyap Dalal, Co-Founder & COO, Simplilearn)

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of ET Edge Insights, its management, or its members

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