Instead, new types of roles will emerge, as they have with every major technological revolution in history.NEW DELHI: Amazon CEO Andy Jassy says fears that artificial intelligence could lead to mass job losses may be overblown.
Jassy said in a media interview that AI is more likely to change the nature of work rather than completely eliminate employment opportunities.
Jassy acknowledged that many roles that have relied heavily on human labor over the past 20 to 30 years may require fewer people in the future. However, he emphasized that jobs will not disappear completely.
Instead, new types of roles will emerge, as they have with every major technological revolution in history.
“I believe that many of the jobs that we’ve given humans over the last 20 or 30 years don’t require as many people to do the same job. But I also believe that other jobs will be created, and that’s always happened with every technological change,” he said.
Meanwhile, reports also suggest that AI will reshape jobs rather than destroy them.
Morgan Stanley suggested in a recent report that the long-term impact may be less severe than most expected.
“While some roles will be automated, it is unlikely that most workers will be left behind permanently. Instead, many workers are expected to shift to new types of jobs, including roles that do not yet exist,” the report says.
Morgan Stanley pointed to major technological changes over the past 150 years, including electricity, mechanized agriculture, computers, and the Internet, to support its argument.
Although these innovations have transformed industries and changed job requirements, they have not completely replaced the human workforce.
The Morgan Stanley report cites the rise of spreadsheets in the 1980s as a useful example.
Spreadsheets have reduced the need for certain administrative tasks, while freeing financial professionals to focus on more complex, high-value tasks. Over time, this change, rather than destroying the financial sector, helped create new careers in the financial industry.
–IANS
P.K.
