The impact of the artificial intelligence on the future
Current expectations indicate that artificial intelligence will have a significant impact on the labor market in the future, as it will lead to fundamental changes in the nature of employment and industry. This will entail a series of challenges that institutions and individuals must face to benefit from this modern technology and adapt to changes. In this article, we discuss the most prominent effects of artificial intelligence on the future of employment.
The World Economic Forum recently released its Future of Employment 2023 report; Employers expect a quarter of current jobs, or about 23%, to undergo fundamental changes in the next five years. The report also expects the creation of about 69 million new jobs. Regarding jobs, about 83 million jobs have been eliminated out of 673 million jobs registered in the database, which means a direct loss of about 14 million jobs.
What did the reports specify?
The report identifies the most important drivers that will reshape the future of global employment by 2027, most notably technological transformation and artificial intelligence, which will lead to the creation of new job opportunities, especially in electrical engineering, programming, design, and digital marketing. All of these matters require special skills in dealing with technology. Modern skills, programming, and data analysis are among the skills that will be in high demand in the future, as the Future of Jobs 2023 report identified a group of jobs in which skills will flourish, most notably: artificial intelligence and machine learning experts, sustainability experts, business developers, robotics engineers, application developers, and Internet of Things experts.
The impact of artificial intelligence logistics and business functions
AI will also impact logistics and business functions, as technology will be used to improve shipping and delivery processes and improve the online shopping experience. Artificial intelligence will also improve health care and reduce medical errors, as the technology can analyze medical images and diagnose diseases with high accuracy. The industry requires special skills to handle modern technology and data analysis.
Expectations also indicate that educational institutions will need to refocus on learning these skills, and update their curricula to suit the changing needs of the labor market. Therefore, working in an artificial intelligence environment will require continuous qualification and training to update skills and knowledge, and follow rapid technical developments. The report expects that about 44% of individuals’ skills will increase by 2027 to keep pace with rapid transformations in technology.
The report also indicates that about six out of 10 workers will need training before 2027; But only about half of the workers will have access to appropriate training opportunities. The highest priority for skills training during 2023-2027 should be given to the analytical thinking skill, and the skill of enhancing creative thinking comes in second place in terms of importance in improving skills. Addition this, the training of workers to use artificial intelligence and big data isranked5thamongskills training priorities over the next 5 years. Employers also plan to focus on developing employees' skills in leadership and social influence, flexibility and adaptability, along with curiosity and lifelong learning.
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