AI and Jobs: A New Era of Opportunity

Artificial intelligence is transforming the job market, creating new opportunities and challenges. Here’s what’s current:

Job Creation and Transformation

• AI is expected to create 69 million new jobs worldwide by 2028, while potentially displacing others, according to the World Economic Forum.
• New roles emerging due to AI include AI “trainers,” “explainers,” and “sustainers,” such as AI safety officers, ethicists, and user experience designers.
• Industries like healthcare and education are likely to see growth, with a projected 10% increase in university and higher education teachers.

Impact on Industries and Workers

• 92% of tech jobs are expected to undergo significant transformation due to AI, with entry-level and mid-level professionals at the forefront of this change.
• AI may automate tasks equivalent to 300 million full-time jobs globally, but could also increase productivity and economic growth by 7%, according to Goldman Sachs.
• Certain skills will become more valuable, such as AI literacy, data analytics, and prompt engineering, while others may become less relevant.

Preparing for the Future

• Companies like Cisco, Google, IBM, and Intel are investing in training programs to upskill workers in AI and related technologies.
• Developing soft skills like critical thinking, creativity, and interpersonal communication will be essential for workers to complement AI.
• Embracing lifelong learning and adapting to new technologies will be crucial for professionals to stay ahead in the job market.