Creating more Space for Human Workforce with AI

Creating more Space for Human Workforce with AI

By CFO Tech Outlook | Thursday, February 07, 2019

Artificial-intelligence (AI) has introduced a drastic change in everyone’s life. It has ensured its smooth running. But, a question always peeps in. A large number of people believe that AI is going to be harmful to human labours. They are wary of AI. According to research by PEW, almost 70 per cent of the Americans is sceptic about AI. They are afraid that machines will make them jobless. But, what is the real scenario?

At the very beginning, it has to be remembered that AI is a tool, and every tool is designed to make the user more capable and efficient. AI plays a vital role in security and healthcare services. In IT sectors, AI easily detects anomalies working in a security system. By detecting the anomalies, it enables the human team to fix it without sparing a long time. The research by PwC states that AI will offer a leap in global GDP with a predicted rate of 26 per cent, by 2030. AI enables security personnel to render their job in a proper and meditated way without snatching it away from them.

The healthcare sector rapidly uses AI. According to a report by Tractica, the market for healthcare AI will enjoy a leap of $34 billion by 2020. In the healthcare sector, AI offers the doctors or the clinical staffs an opportunity to do their work more easily. As per the Pew Research Center, AI will bring a change in the labour ecosystem. By bringing a change to the nature of the job, it will create some new fields of jobs. Enterprises will need efficient people to handle machines. As an example, it can be said that the ATM did not resist the banks to recruit people. It is used to help the customer.

A report of the World Economic Forum (WEF) is presenting exciting statistics. It is saying that the enormous growth of AI will create a 58 million job space by 2022, and by 2025, industries’ reliance upon AI will grow by leaps and bounds. This growth will enable workers to work in comfortable and efficient ways.  

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