Boon Or Bane: Navigating The Impact Of AI On The Job Market

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Punnam Raju Manthena Noticias

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Co-Founder & CEO at Tekskills Inc. Partnering with clients across the globe in their digital transformation journeys. Read Punnam Raju Manthena's full executive profile here.

AI has begun changing the way we live. Your Android phone recognizes your face and lets you in. The chatbot on a website can answer most of your day-to-day queries. Companies have come up with smart cars that drive on their own, stop at traffic signals and take turns.

Aside from changing our lives, AI is changing the nature of our jobs, or at least the way we perform our job duties. For example, today, a chatbot on a website may answer the majority of customer queries. Another example is the HR function of an organization, where AI is being used to automate several admin processes, including attendance monitoring, payroll processing, etc.

In this article, I'll walk through some of the jobs I predict will be created by AI, as well as the jobs that may be automated by AI. Having worked with many clients on their digital transformation journeys, AI implementation—and the changes that come with it—is something I'm very familiar with.Firstly, you need to monitor your AI. This requires engineers who can develop the tools, systems and processes that enable AI to be applied to your business.

You must also have a long-term strategy for AI, as it has the capability to continue to create jobs for humans. In fact, AI job posts on Upwork have. Not only are there more jobs because of the AI boom, but companies are actually hiring more because of it. AccordingAI has the potential to automate processes across various functions, including manufacturing, healthcare, retail, finance, education, automobile, telecom, energy, agriculture, entertainment and supply chain and logistics.

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