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AI and Employment

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AI and Employment

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annaajacck
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© © All Rights Reserved
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AI and Employment

Will AI cause unemployment in the future or increase the possibility of jobs?

The impact of AI on employment is a topic of ongoing debate among experts. While AI


has the potential to automate certain tasks and lead to job displacement in some industries, it
can also create new job opportunities and increase productivity in others. The overall effect
on employment will depend on various factors, including the rate of AI adoption, the nature
of tasks being automated, and the ability of individuals and societies to adapt to these
changes.
On one hand, AI and automation can streamline repetitive and mundane tasks, freeing up
human workers to focus on more complex and creative endeavors. This can lead to increased
productivity and the creation of new jobs that leverage human skills such as problem-solving,
critical thinking, and innovation.
On the other hand, certain jobs that involve routine and predictable tasks may be more
susceptible to automation. For example, tasks in manufacturing, transportation, or customer
service that can be easily codified and automated may see a decline in demand for human
workers.
It's important to note that historically, technological advancements have led to job
displacement in some sectors, but they have also created new industries and job
opportunities. While some jobs may be eliminated or transformed by AI, new jobs that we
can't even envision today might emerge as well.
To mitigate potential negative effects and ensure a smooth transition, it is crucial to
invest in education and skill development to equip the workforce with the necessary abilities
to work alongside AI technologies. Additionally, policies and societal measures can be put in
place to support workers affected by automation and to encourage the growth of new job
sectors.
In summary, the impact of AI on employment is complex and multifaceted. While there
may be some job displacement in certain sectors, AI also has the potential to create new jobs
and increase overall productivity. The key lies in how we adapt to these changes and ensure
that the benefits of AI are widely distributed.

As AI technology rapidly develops, many people might face the problem of


unemployment. In this situation, what can we do to make technology benefit more
people?

Education and Skill Development: Investing in education and skill development is


crucial to prepare individuals for the changing job market. This includes promoting STEM
(science, technology, engineering, and mathematics) education, as well as fostering the
development of critical thinking, problem-solving, creativity, and other skills that are less
easily automated. Continuous learning and upskilling programs can help individuals adapt to
evolving job requirements.
Reskilling and Job Transition Support: As technology reshapes the job landscape,
providing support for workers to reskill and transition into new roles is essential.
Governments, educational institutions, and businesses can offer training programs,
apprenticeships, and career counseling to help individuals acquire the skills needed for
emerging job opportunities. This can include retraining workers from declining industries to
meet the demands of growing sectors.
Entrepreneurship and Innovation: Encouraging entrepreneurship and supporting the
creation of new businesses can generate job opportunities. Policies that facilitate access to
capital, mentorship programs, and business incubators can empower individuals to start their
own ventures, leveraging technology to create value and jobs.
Social Safety Nets: Implementing social safety nets can help alleviate the negative
impacts of technological disruptions. Measures such as unemployment benefits, income
support, and healthcare coverage can provide a cushion for individuals facing job
displacement, enabling them to transition to new employment or pursue further education
without undue hardship.
Ethical and Inclusive AI Development: Ensuring that AI technologies are developed in an
ethical and inclusive manner is crucial. This involves addressing biases in algorithms,
promoting transparency, and considering the social and economic implications of AI
deployment. Encouraging diverse teams and involving stakeholders from different
backgrounds can help mitigate the risk of technology exacerbating existing inequalities.
Collaboration and Policy Development: Collaboration among governments, businesses,
academia, and civil society is essential to address the challenges and opportunities presented
by AI and automation. Developing forward-thinking policies, regulatory frameworks, and
industry standards can guide the responsible adoption and use of AI, while also fostering
innovation and protecting the interests of workers.
By adopting a holistic approach that combines education, reskilling, supportive policies,
and responsible AI development, we can strive to ensure that technology benefits more
people and promotes inclusive economic growth.

how to solve the problem of ai causing unemployment

Public-Private Partnerships: Foster collaboration between governments, businesses, and


educational institutions to anticipate and address the impact of AI on employment. By
working together, these stakeholders can develop strategies and initiatives that promote job
creation, reskilling, and economic growth.
Universal Basic Income: Explore the feasibility and impact of implementing a universal
basic income (UBI) or similar concepts. UBI involves providing a guaranteed income to all
citizens, which can help mitigate the negative effects of job displacement and provide
individuals with a basic level of financial security.

WEBSITES:
“AI AND UNEMPLOYMENT”

Artificial Intelligence: How Do We Deal With Unemployment?


https://medium.com/@a.sale/artificial-intelligence-how-do-we-deal-with-unemployment-
12e054d0b766
According to a study by McKinsey & Company, up to 800 million jobs could be lost to
automation by 2030.
While AI has the potential to create new jobs, such as AI programmers and data analysts,
the skills required for these jobs are often very different from those required for the jobs that
are being automated. This means that there will be a significant skills gap, and many workers
may not have the necessary skills to transition to these new roles.

Possible solutions:
Upskilling and Reskilling Programs: One solution is to provide training and education
programs to help workers acquire the skills needed for the jobs of the future.
-Online courses: They are a convenient and flexible way to upskill or reskill, as they can
be taken from anywhere and at any time.
-Apprenticeships: Apprenticeships provide hands-on training and education for workers
to learn new skills on the job.
-Vocational education and training (VET): It provides training in a specific trade or
profession, such as plumbing or carpentry.
-Industry-based training: this program provides workers with training specific to a
particular industry or sector.
-On-the-job training: It provides workers with practical training and education while they
work.

Universal Basic Income: Another solution is to implement a universal basic income


(UBI) program. UBI is a system in which all citizens are given a regular income, regardless
of whether they are employed or not. This would provide a safety net for workers who have
lost their jobs due to automation.

Possible difficulties on upskilling and reskilling programs:


-Funding: Upskilling and reskilling programs require funding, which can be a challenge
for both workers and employers.
-Accessibility: these programs need to be accessible to workers, regardless of their
location or socioeconomic status.
-Quality: they need to provide high-quality education and training to ensure that workers
acquire the necessary skills.
-Motivation: Workers need to be motivated to participate in upskilling and reskilling
programs to ensure their success.
-Changing job market: The job market is constantly changing, which means that
upskilling and reskilling programs need to be updated regularly to remain relevant.

Harnessing AI to Tackle Unemployment


https://www.linkedin.com/pulse/harnessing-ai-tackle-unemployment-anudeep-kumar
AI can help solve unemployment in the software industry through various avenues.
1. AI-Enabled Job Matching Platforms
2. Personalized Learning and Skill Development
3. Predicting Industry Trends and Skill Requirements
4. Automating Routine Tasks to Create Higher-Value Jobs
5. Encouraging Entrepreneurship and Startups

Unemployment in the Age of AI: Exploring the Global Implications


https://www.linkedin.com/pulse/unemployment-age-ai-exploring-global-implications-sri-
santeep-kumar

This article aims to provide an in-depth analysis of the worldwide impact of AI


technology on unemployment, examining the challenges, causes, and potential solutions to
address this pressing issue.

Universal Basic Income: A Solution to AI and Unemployment


https://soapboxie.com/economy/Universal-Basic-Income-A-Solution-to-AI-and-
Unemployment

article with the support of data and evidence

“HOW CAN AI HELP THE WORLD”

The Future of Artificial Intelligence: How AI Will Change the World


https://www.linkedin.com/pulse/future-artificial-intelligence-how-ai-change-world-
inferenz#:~:text=Manufacturing%3A%20AI%2Dpowered%20robots%20work,quickly
%20and%20accurately%20diagnose%20them.

1. Effective marketing
2. High-tech robotics
3. Improved medical care
4. Transportation
5. Education
6. Manufacturing
7. Healthcare
8. Media
9. Customer service

Oxford University's Future of Humanity Institute published AI survey results. The survey
"When Will AI Exceed Human Performance? Evidence from AI Experts" indicates that it
contains estimates from 352 machine learning researchers about artificial intelligence
evolution.
Here is what the survey concludes:
By 2026, machines will be capable of writing school essays, said the median number of
respondents.
By 2027, self-driving trucks will render drivers unnecessary.
By 2031, artificial intelligence will outperform humans in the retail industry.
By 2049, AI will be the next Stephen King. In addition, it will be the next Charlie Teo by
2053.

How artificial intelligence is transforming the world


https://www.brookings.edu/articles/how-artificial-intelligence-is-transforming-the-world/
Includes solid evidence and footnote citations.

Chapter 2: includes inspiring new points such as AI’s application on finance, national
security, criminal justice, etc.

Chapter 4: recommendations for moving forward with AI


- Increase government investment in AI
-Promote digital education and workforce development
- Maintaining mechanisms for human oversight and control

Possible conclusion reference:


The world is on the cusp of revolutionizing many sectors through artificial intelligence,
but the way AI systems are developed need to be better understood due to the major
implications these technologies will have for society as a whole.
Yet the manner in which AI systems unfold has major implications for society as a
whole. It matters how policy issues are addressed, ethical conflicts are reconciled, legal
realities are resolved, and how much transparency is required in AI and data analytic
solutions.74 Human choices about software development affect the way in which decisions
are made and the manner in which they are integrated into organizational routines. Exactly
how these processes are executed need to be better understood because they will have
substantial impact on the general public soon, and for the foreseeable future. AI may well be
a revolution in human affairs, and become the single most influential human innovation in
history.

Ai 如何造福人类 evidence:
A project undertaken by PriceWaterhouseCoopers estimated that “artificial intelligence
technologies could increase global GDP by $15.7 trillion, a full 14%, by 2030.
(PriceWaterhouseCoopers, “Sizing the Prize: What’s the Real Value of AI for Your Business
and How Can You Capitalise?” 2017.) ”7 That includes advances of $7 trillion in China, $3.7
trillion in North America, $1.8 trillion in Northern Europe, $1.2 trillion for Africa and
Oceania, $0.9 trillion in the rest of Asia outside of China, $0.7 trillion in Southern Europe,
and $0.5 trillion in Latin America. China is making rapid strides because it has set a national
goal of investing $150 billion in AI and becoming the global leader in this area by 2030.
a McKinsey Global Institute study of China found that “AI-led automation can give the
Chinese economy a productivity injection that would add 0.8 to 1.4 percentage points to GDP
growth annually, depending on the speed of adoption.” (Dominic Barton, Jonathan Woetzel,
Jeongmin Seong, and Qinzheng Tian, “Artificial Intelligence: Implications for China” (New
York: McKinsey Global Institute, April 2017), p. 1.)

Artificial Intelligence Is Changing The World And Your Business


https://www.forbes.com/sites/forbesbusinesscouncil/2023/07/24/artificial-intelligence-is-
changing-the-world-and-your-business/?sh=7608dfcd2900

How AI has entered the business world, its influence, and what could go wrong

According to a study published in the journal Nature Medicine, researchers from


Google's DeepMind and Moorfields Eye Hospital developed an AI system that can accurately
detect eye diseases such as diabetic retinopathy and age-related macular degeneration. The
deep learning algorithm analyzed retinal images and demonstrated the ability to detect these
diseases with an accuracy comparable to that of expert human ophthalmologists.
De Fauw, J., Ledsam, J. R., Romera-Paredes, B., et al. (2018). Clinically applicable deep
learning for diagnosis and referral in retinal disease. Nature Medicine, 24(9), 1342–1350.

A study conducted by Stanford University researchers and published in the journal


Nature Communications highlighted the potential of AI in predicting patient outcomes. By
analyzing electronic health records, the AI system could predict the likelihood of patient
deterioration, such as sepsis or cardiac arrest, within 12 hours of onset with an accuracy of up
to 90%
Rajkomar, A., Oren, E., Chen, K., et al. (2018). Scalable and accurate deep learning with
electronic health records. Nature Communications, 9(1), 1–10.

A team of researchers at the Massachusetts Institute of Technology (MIT) developed an


AI model capable of predicting breast cancer up to five years in advance. By analyzing
mammogram images and patient data, the AI system outperformed human radiologists in
identifying high-risk individuals, potentially enabling early intervention and improved
outcomes.
McKinney, S. M., Sieniek, M., Godbole, V., et al. (2020). International evaluation of an
AI system for breast cancer screening. Nature, 577(7788), 89–94.
Ai 的到来是肯定的,人本不应该惧怕它,应
In conclusion,
AI undeniably possesses unparalleled capabilities in terms of efficiency in repetitive,
procedural, standardized, and knowledge-based tasks. However, to function properly,
everything in the world competes with efficiency and energy conservation. The lower the
energy required for the operation of an entity, the stronger its competitiveness and survival
capabilities become. The development and deployment of AI consume enormous amounts of
energy, electricity, and computational power to support its “intelligence”, while humans only
need a load of bread. Therefore, the road to AI replacing humans is still long. AI will continue
to be a tool for enhancing human efficiency for a long time. What people need to do
nowadays is to quickly master and familiarize themselves with the operation and application
of this tool.

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