Like all other technology, AI is also expected to have a greater impact on the workforce and the job scenario in the future. It is apprehended that most of the jobs are going to be replaced with machines. However, this apprehension needs to be justified with the fact that the jobs which are routine in nature are likely to be replaced with AI-first.
The bottom 50% of the world in terms of income or education is going to be badly hurt with job displacement. More repetitive the task and more quantitative the nature of this repetition, AI is expected to replace this kind of scripted task very quickly in the coming 5 to 10 years.
The task requiring creative skills and out of the box thinking requiring innovative interventions is likely to remain and it is expected to fetch a higher dividend in the future. Mechanization in terms of artificial intelligence has already begun and it cannot be stopped as of now, just like the wave of the Internet and other technological advancements which have become a part of modern life.
But what is the way out of this displacement in the workforce? The machines will lack in creativity and have no compassion for love. So it is important that human qualities can be harnessed and made available in the coming future rather than specializing in a repetitive task for routine works.
It is pertinent that new skills like the language of coding are incorporated in all spheres of life and people are made literate in the language of coding. Huge investment in the areas of education to teach the prerequisites of AI to people and retrain them for the new jobs will be beneficial.
People need to have a basic understanding of programming and they should be capable enough to learn the new language and it is important to learn the new language as quickly as possible because in future if somebody is coding illiterate and does not know to the program they are going to face great difficulty in finding any petty jobs.
The fast people are able to understand what the technology is capable of doing and they understand their domain very well they can start to make connections and identify what is the problem paradigm and find suitable solutions to it with the help of AI Technology.
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