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How AI is Transforming the Job Market | by Naren Gangavarapu | Sep, 2022

admin by admin
September 9, 2022
in Machine Learning


EvAI — Everyday AI

With the rapid rise of artificial intelligence (AI), many people are wondering how this new technology will impact the job market. Will AI lead to mass unemployment? Will it create new opportunities for workers? In this blog post, we’ll take a look at how AI is already transforming the job market and what the future may hold.

One of the most significant ways that AI is transforming the job market is by automating tasks that have traditionally been done by human workers. For example, many retail establishments are now using self-checkout kiosks, which eliminates the need for cashiers. Similarly, grocery stores are increasingly using robots to stock shelves and clean up spills. While some jobs are being eliminated by AI, others are being created. For instance, companies are now hiring “chatbots” to handle customer service inquiries. These positions may not require as much experience or education as traditional customer service jobs, but they still provide an opportunity for employment.

As AI continues to evolve, it’s likely that even more jobs will be automated. However, this doesn’t mean that there will be mass unemployment. In fact, history tells us that automation has often led to increased opportunities for workers. For example, when ATMs were first introduced, there was concern that bank tellers would lose their jobs. However, ATMs actually allowed banks to offer more services and hire more employees. It’s likely that AI will have a similar effect on the job market; while some jobs may be lost to automation, others will be created in their place.

AI is already having a profound impact on the job market. Tasks that have traditionally been done by human workers are increasingly being automated by machines. While this automation may lead to the elimination of some jobs, it’s also likely to create new opportunities for workers in other sectors. As AI continues to evolve, we can expect even more changes in the job market in the years to come.



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