- According to a report from Accenture, approximately 40% of all work hours can be influenced by AI large-scale language models (LLMs) such as ChatGPT-4.
- According to the World Economic Forum, many clerical and secretarial roles are likely to rapidly decline due to AI. the future of job report 2023.
- However, the role of AI and machine learning specialists, data analysts and scientists, and digital transformation specialists is expected to grow rapidly, the report adds..
- Retraining employees to use AI effectively is key to enabling companies to successfully leverage the technology, Accenture says.
The invention of the mechanical alarm clock changed everything, and many are now wondering which jobs of the 21st century could be made history by artificial intelligence (AI) and the Fourth Industrial Revolution.
Professional services firm Accenture describes the advent of large-scale language models (LLMs) such as ChatGPT-4 as “an important turning point and milestone in artificial intelligence.” [because] They have cracked the code on the complexity of language. ”
However, the good news is that this doesn’t just mean machines will replace humans. According to Accenture, 65% of the time spent on these “language tasks” “can be turned into more productive activities through augmentation and automation.”
People are at the heart of AI success
Accenture says AI has the potential to reshape the world of work, and companies need to start learning now to avoid being left behind. A big part of that involves ensuring employees develop new skills needed in the AI era.
“Success with generative AI requires the same attention to people and training as it does to technology,” Accenture said. “This means both developing talent in technical capabilities such as AI engineering and enterprise architecture, and training talent across the organization to work effectively with AI-enabled processes.”
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How does the World Economic Forum ensure responsible use of technology?
To understand where AI can save time and improve the way people work, companies need to break down existing roles into “bundles of underlying tasks,” the report says.
Once this is established, organizations are ready to upskill their employees and fill new roles that involve the use of AI. “Entirely new roles will also be hired, including linguistics experts, AI quality managers, AI editors, and prompting engineers,” Accenture said.
Jobs that AI can create
world economic forum Future of Work Report 2023 They say AI and machine learning specialists, data analysts and scientists, and digital transformation specialists are the most prominent new roles.
The report predicts that by 2027, the number of AI and machine learning specialists will increase by 40%, the demand for roles such as data analysts, scientists and big data specialists will increase by 30-35%, and the demand for information security analysts will increase by 31%. This will result in a total increase of 2.6 million jobs.
On the other hand, some jobs are likely to decline rapidly due to AI. These are primarily clerical or secretarial roles and also include bank tellers and data entry clerks.
Below are the top 10 occupations that the forum sees as fastest growing and fastest decreasing over the next five years.
All of this has caused companies to reconsider their priorities in training staff to work with AI and big data. This is the third priority in corporate training strategies through 2027 and the first priority for companies with 50,000 or more employees. Future of Work Report 2023 Say.
How AI will impact the future of work
The Forum’s report also found that workplace tasks are now considered less automated than they were three years ago. To some extent, that’s because automation was already in place, Forum managing director Saadia Zahidi said on the Radio Davos podcast.
“But when it comes to very human characteristics like coordination between people, such as decision-making and reasoning support and communication, we are actually seeing an increase. This is where predictions about automation are bigger than before.
“This is not surprising as we have all seen what is happening with generative AI and how rapidly it is being adopted across various industries.”
Artificial intelligence has been implemented in nearly 75% of surveyed companies and is expected to result in high employee turnover. 50% of organizations believe it will lead to job growth and 25% believe it will cause job losses. Future of work report Say.
The Growth Summit 2023, held recently at the Forum’s headquarters in Geneva, Switzerland, examined AI and other areas impacting the world of work. This year’s Summit focused on ‘Jobs and Opportunity for All’, examining areas such as supporting job creation, enabling career change and how best to invest in education and skills.
