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Artificial Intelligence will create more jobs than it eliminates: Gartner

Sunday December 17, 2017 7:53 PM, ummid.com News Network

AI Impact on Economy

Mumbai:
The number of jobs affected by Artificial Intelligence (AI) will vary by industry, but the merging technology will create more jobs that it will eliminates, Gartner Inc said in a recent report.

"The year 2020 will be a pivotal year in AI-related employment dynamics as Artificial Intelligence (AI) will become a positive job motivator", it said.

"Through 2019, healthcare, public sector and education will see continuously growing job demand while manufacturing will be hit the hardest. Starting in 2020, AI-related job creation will cross into positive territory, reaching two million net-new jobs in 2025", Gartner, the world's leading research and advisory company, said.

"Many significant innovations in the past have been associated with a transition period of temporary job loss, followed by recovery, the business transformation, and AI will likely follow this route," Svetlana Sicular, Research Vice President at Gartner said.

"AI will improve the productivity of many jobs, eliminate millions of middle- and low-level positions, but also create millions of more new positions of highly skilled, management and even the entry-level and low-skilled variety.

"Unfortunately, most calamitous warnings of job losses confuse AI with automation - that overshadows the greatest AI benefit - AI augmentation- a combination of human and artificial intelligence, where both complement each other", she added.

"IT leaders should not only focus on the projected net increase of jobs. With each investment in AI enabled technologies, they must take into consideration what jobs will be lost, what jobs will be created, and how it will transform how workers collaborate with others, make decisions and get work done". she said.

Asserting that now is the time to really impact long-term AI direction, Sicular said, "For the greatest value, focus on augmenting people with Artificial Intelligence (AI). Enrich people's jobs, reimagine old tasks and create new industries. Transform your culture to make it rapidly adaptable to AI-related opportunities or threats."

 


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