Articles & Insights on Data Science, Analytics, AI & ML – Edvancer

Career in Artificial Intelligence

Researchers have found that the usage of AI in businesses has increased by 270 percent in the last few years. With the increasing automation rate with AI, human workers are afraid of losing their jobs. Every industry is looking for AI professionals to create AI-based machines and improve the efficiency of their business.

Artificial Intelligence may or may not take away jobs, but it will change the way many jobs function. The question you should ask is how?

With the increasing growth of AI-driven technologies, AI is changing the way humans work. But it doesn’t imply that humans will lose their jobs altogether.

Some jobs might be at risk, but several new job opportunities will also arise due to AI. AI has become a career choice for many today. Short-term Artificial Intelligence courses have been the best way to start your career in this field. Before that, you must understand what AI is and how it is impacting human jobs.

What is Artificial Intelligence?

Artificial Intelligence (AI) is a technology used to create machines that can perform human-like tasks or tasks that require human intelligence. AI is a branch of computer science where programming is combined with large datasets to enable problem-solving skills in machines. It is one of the fastest-growing fields today.

AI-driven processes can automate processes and increase the productivity and efficiency of their businesses. The best examples of AI-based technologies include face recognition, speech recognition, computer vision, etc.

Impact of AI on Work

The automation created by AI has become a threat to many. Many workers fear losing their jobs due to evolving AI and machine learning technologies in every business. It gives rise to an important question.

Is AI impacting the future of work? If yes, how? Let us help you understand what jobs can become obsolete and what new job opportunities AI can create:

What Jobs Are at Risk?

AI can perform tasks that involve making judgments, recognizing patterns, and optimizing processes. Therefore, the most affected occupations by AI include chemical engineers, clinical laboratory technicians, power plant operators, optometrists, etc.

With this, the jobs that require high education and experience are most exposed to AI. Therefore, older workers are more likely to get affected by AI technologies.

The occupations such as machinists, radiologic technologists, etc., are being automated at a higher rate. Therefore, human employment can fall in these fields. Apart from these, AI is affecting a few other jobs that do not require high levels of education. One example is production jobs that involve quality control and inspection.

New Job Opportunities Being Created by AI

AI technology has the potential to automate several human jobs. But AI’s potential to create new job opportunities is even more. Occupations such as analysts and industry engineers have a low rate of automation. Hence, the demand for human workers will remain consistent in these fields.

Organizations will need skilled AI professionals to create and maintain machines that can automate their businesses. The new occupations artificial intelligence can open include warehouse robot engineers, digital assistant engineers, and content taggers on social media.

AI Use Cases in Different Sectors

Globally, almost 90% of businesses have invested in AI technologies to promote automation in their organizations. Artificial Intelligence is gaining popularity in every industry, but it has primary applications in the following sectors:

Human Resources and Hiring

AI is changing the hiring process and the task of HR managers dramatically. Organizations are using AI-based tools to speed up their hiring process. These tools can scan the resumes and shortlist the relevant ones. Around 75% of resumes don’t even reach the HR managers before getting rejected by AI tools.

Human hiring managers come into play only during the interview and orientation process. AI-based tools can complete the rest of the onboarding process automatically. AI is making the tasks of HR managers easier by saving their time. These tools can only shortlist the resumes but cannot make the final decisions.

Warehousing

AI in warehousing can be used for various purposes. AI-based robots can scan the shelves and determine what items are about to go out of stock. Moreover, these robots can recommend better inventory acquisition and speed up the packaging processes.

Healthcare

AI in the healthcare industry can replace several jobs, such as record maintenance, patient engagement, etc. AI-based tools are also used for more accurate diagnoses, medical imaging, drug discovery, medical management, etc. However, it cannot take over medical jobs entirely.

Banking & Financial Services

AI has multiple applications in the banking industry. Intelligent robots are replacing human agents to process loan applications in seconds. Robot financial advisers are also being used the right investment decisions for customers.

Banking and financial services-based companies are using AI-based chatbots to improve their customers’ experiences. Another popular use case of AI in the financial sector is fraud detection.

Augmentation More Than Automation

Advances in AI and machine learning technology are changing the nature of existing job roles, but it does not eliminate them. Contemporary evidence shows that these advanced technologies make human jobs easier and more efficient. AI is also creating new job opportunities.

Also Read: Top 5 Professions Who Must Learn AI for Superior Career Growth

A lot of tasks require a different level of analytical understanding and creativity. Machines cannot make important business decisions but can make the decision-making process easy for managers. In most cases, intelligent machines cannot perform the entire jobs, but can only accelerate the processes.

Many case studies show that AI and machine learning have only made complex tasks easier for human workers. It is not making society jobless but only making human jobs less stressful.

Automation is growing in the areas where continuous vigilance and preparedness are required, for example, data security. However, most organizations believe in working with intelligent machines and humans, making augmentation win over automation.

Building a Career in AI

According to the Bureau of Labor Statistics, AI jobs are expected to increase by 31.4% per annum till 2030. The demand for skilled AI engineers is constantly growing in organizations, making it a lucrative career option for many. To build a career in AI, you must graduate in mathematics, statistics, computer science, physics, economics, or any other quantitative field.

After graduation, you can enroll in an AI course or certification. Understand the basics of AI and check the syllabus before enrolling in an AI course. You can go for a full-time course or a part-time certification as per your comfort and availability. For more flexibility and convenience, you should prefer online AI courses.

Artificial Intelligence Courses by Edvancer

Edvancer is a leading online platform for career-oriented learning. You can find the following artificial intelligence courses at Edvancer:

All three courses are available online but provide students with complete faculty support. The IIT Kanpur certification by Edvancer is among the top-ranked AI courses in India. These artificial intelligence and machine learning courses can cover all the topics comprehensively. You also gain practical knowledge by working on real industry projects.

The learning options offered by Edvancer are among the best features of these courses. You can choose to learn via online live classes or self-paced learning programs at your convenience.

FAQs

1. Will AI replace human workers?

There is no evidence showing that AI will replace human jobs altogether. It is automating a few jobs but cannot replace the entire human workforce. AI machines are only supposed to make human jobs easier and not leave humans jobless.

2. What impact will AI have on the job market in the future?

As per a report by World Economic Forum, AI is going to replace 85 million jobs globally by 2025. But it will also create 97 million new jobs at the same time.

3. What are the potential benefits of using AI in the job market?

Some most significant benefits of including AI in human jobs include automating repetitive tasks, making complex tasks easier for humans, speeding up business processes, etc.

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