Artificial intelligence has become an integral part of everyday life. Whether we are trying to generate creative content or replying to followers, AI is everywhere. This increasing use of AI in our everyday life has become a topic of debate and is gaining momentum these days: Is AI replacing jobs or it is creating new ones? It is a question which is deeply Involved in economy, society as well as politics of a nation as artificial intelligence is influencing the life of millions of people across the globe.
With the advent of machinery in 1990s, roles of thousands of small artists and factory workers were replaced by the automation of factory. In the early 2000s, retail workers were highly impacted then the wave of ecommerce and Internet impacted a large range of audience.
Few months back, Meta announced removing 5% of its global workforce as AI was able to take their job. Mark Zuckerberg has openly stated that Meta wants to raise the bar on talent and accelerate hiring in artificial intelligence and machine learning roles immediately after the cuts. This shows that the company is prioritizing AI driven efficiency over human labour. Meta is not alone. There are several other major companies who have done the same by removing thousands of workers by prioritizing artificial intelligence over human labour.
Duolingo has reduced the number of contract translators in favour of AI driven language models in 2023. IBM Stop hiring roles which could be automated by artificial intelligence.
Hollywood writers and actors even went on strike in 2023 due to rising concerns about AI generated scripts and deep fake technology replacing the creativity of humans.
This “industrial AI revolution” is restructuring workforce. It has become quite complex and evolving issue which is displacing job as well as creating new opportunities.
The World Economic Forums future of jobs report 2023 pointed out roles which require routine and repetitive task are at a higher risk and artificial intelligence is capable of performing all these tasks more efficiently and at a lower cost.
Jobs displaced by AI
Artificial intelligence has replaced the job of customer service, data entry, administrative support, manufacturing and some portion of writing, photography and software development.
AI driven tools such as chatbots are used to provide customer service. For creative content writing, Gemini and ChatGPT are frequently being used. AI has occupied the job of machine operation, product handling, testing, packaging.
For providing customer service to inventory management artificial intelligence is everywhere. It is performing retail and commerce roles.
Human drivers are replaced through autonomous vehicles thus it is replacing transport and logistics share.
AI is highly used for basic data entry, analysis and visualization of jobs. It is being used for financial analysis and projection rules.
It is used as translators for translating different languages. It is used for tax preparation and entry level bookkeeping and accounting roles.
Recent reports indicate a high number of jobs are at risk. There are significant concepts for job displacement. Goldman Sachs estimates that AI can displace approximately 300 million full time jobs worldwide. The World Economic forums 2025 Future of job report says that 92,000,000 roles can be displaced by 2030, with 41% of employers worldwide intending to reduce their workforce due to artificial intelligence in the next 5 years.
Artificial intelligence is highly impacting white-collar jobs particularly those who are involved in data analysis, administrative task and managerial functions. Market research analyst and sales representatives are facing higher rate of task automation.
In the current period, thousands of technology jobs have been directly linked to artificial intelligence. Big companies such as Microsoft and IBM are making their employee cuts. Some surveys even suggest that around 30% of United States companies have already replaced human workers with artificial intelligence tool.
Jobs created by artificial intelligence
AI is not just taking jobs but it is also creating newer opportunities for individuals. Artificial intelligence currently lacks creativity, critical thinking, emotional intelligence and problem-solving skill. In all these fields, new opportunities are created.
Artificial intelligence skills are highly in demand for professionals in data science, machine learning, AI development, robotics and AI ethicist. The job of nurses, choreographers, paramedics, mental health specialist, teachers, civil engineers, surgeons, project managers, operations directors, musicians and journalist cannot be replaced by artificial intelligence. These jobs collaborate with artificial intelligence. They are neither independent nor against artificial intelligence. Such jobs demand our specialist expertise and a personal touch which certainly a machine cannot provide.
Around 83,000,000 jobs are estimated to be lost due to rise of artificial intelligence by 2030. The World Economic Forum expect the creation of 69,000,000 new jobs. The McKinsey global institute offers an estimate of 20 to 50 million new jobs created by the end of 2030.
AI is not completely replacing human beings rather it is documenting human capabilities by allowing them to focus more on complex, strategic and creative task. AI has the potential to handle routine activities which is fostering productivity and efficiency.
Integration of artificial intelligence into any work field demands continuous learning and an adaptable environment. Jobs requiring technological skills must emphasize on continuous learning to see accelerated growth.
Conclusion
Experts are saying that impact of artificial intelligence on employment is a double-edged sword. The rising use of AI will undoubtedly lead to displacements of certain jobs and task; it will also create newer opportunities. You just have to be and continuous learning and adaptative environment. You have to prepare yourself for this ever-evolving landscape by focusing on your skill which complement AI like creativity, critical thinking, problem solving skill and another human centric role.
Source – https://businessconnectindia.in/is-ai-replacing-jobs-or-creating-new-ones/