A.I. has had a connotation of risk for humanity, propelled by blockbuster Sci-fi movies and the natural fear of the unknown. The infamous rise of the machines is approaching rapidly and in some cases, it is coexisting already in some techy work environments without being noticed.
At the end of the day, is that fear reasonable? Opinions and statements are mixed, the common idea is that A.I., with no doubt, will replace many human positions across multiple disciplines and industries. Not just in repetitive automatic functions, but also through machine learning. They can improve accuracy, customized behaviors and response.
Others experts on the matter state that, at least for now, there is no need to be alarmed. They say it will help the workforce to gain a new set of skills and enhance their work by delegating some tasks and co-work in a more effective practice. According to Gartner, A.I. will help create 2.3 million jobs by 2020, while eliminating 1.8 million jobs, still, a good balance, since it´ll drive a net gain of 500,000 new jobs.
Major transformations always imply in the end, the reinvention and reskill of the workforce. Organizations that understand the need for adaptable strategies to harness the digital economy challenges, will most likely survive. Not only will revenues be impacted, but their organizational environment as and their external stakeholders will have the same perception.
According to Deloitte´s 2017 report, 69% of executives leading cognitive adoption endeavors, said they expect there will be minimal to no job loss, caused by AI-related projects in the next three years. Moreover, 29% said they expect that new jobs will be created in the meantime.
It is crucial that a company’s leadership escort and prepare their personnel, putting special attention to strategies that help them. Knowing how to lead in the new generation and not get striked out by the overwhelming pace of digital disruption is crucial. Putting special attention on the role that leadership embraces and understands the importance and impact gained from A.I. will help the inevitable restructuring of HR – managing humans and supervising A.I. technologies.
Wrapping up
The concept of Artificial Intelligence seems ethereal and complex at the same time, it’s like the concept of electricity where everyone sees it but very few understand the principles.
Artificial Intelligence is one of the most transformative waves of our time. The Raw Material that pushes it is data and its exponential growth, that has been doubled each year consistently in the last 50 years. Without this and machine learning, A.I. wouldn’t have the ability for machines to see, understand and interact with the world.
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Related Sources:
2017 cognitive technologies survey
By 2022, 1 in 5 workers will rely on AI to do their job
Hello AI
5 Artificial Intelligence Predictions For 2018
Why AI Would Be Nothing Without Big Data
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