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AI, Machine Learning, and Unemployment

AI, Machine Learning, and Unemployment
Reading Time: 2 minutes
Artificial intelligence and machine learning are reshaping industries, sparking concerns among employees about the future of work.

In this blog post, we explore the impact of AI and ML on employment, emerging roles, and what the future holds.

Download our AI Economy & Job Outlook Report to understand the impact of AI on future employment.

The case for more automation

Businesses dealing with vast amounts of unstructured data are turning to AI and ML for automation. Traditional roles like social media management are being augmented by technology.

  • Planning and goal setting
  • Brand awareness and reputation management
  • Content management
  • SEO and inbound traffic generation
  • Lead cultivation and sales
Automation technology

Tasks like brand awareness development and content curation can be time-consuming. Automation tools help manage data efficiently.

Professions at risk

Life Insurance

Startups like Lapetus are using AI for risk assessment, reducing the need for human underwriters.

AI algorithms predict customer life expectancy within minutes.

Freight

Companies like Otto are integrating AI into long-haul trucking, improving efficiency and safety.

Gartner predicts 250 million connected cars by 2020, enabling communication and coordination on the roads.

Lawyers and Paralegals

AI and machine learning streamline legal document processing, saving time and effort.

NLP helps identify key topics and keywords in legal documents, aiding in case analysis.

Download our AI Economy & Job Outlook Report to understand the impact of AI on future employment.

Jobs that will be created

New technology creates new job opportunities. AI Consultants, empathetic chatbot trainers, and data consultants are in demand.

Training data for chatbots requires human input to understand emotions and responses.

AI and Data Consultants

Consultants bridge the gap between technology and business, ensuring compliance with regulations like GDPR.

They clarify algorithmic workings to business leaders and address ethical concerns.

Amazon Mechanical Turk

Services like Mechanical Turk divide labor-intensive tasks into smaller units for online workers.

Tasks like sentiment analysis help train AI algorithms, creating new opportunities.

The Future

The rise of AI prompts discussions on the future of work. Innovators explore solutions like Universal Basic Income and job creation in automated systems maintenance.

Autodesk chief Andrew Anagnost predicts future jobs in building, programming, and maintaining automated systems.

Download our AI Economy & Job Outlook Report to understand the impact of AI on future employment.

Summary

AI and ML are reshaping industries and employment landscapes. Growth Acceleration Partners offers expertise in data analytics, machine learning, and software development to help businesses adapt.

  • Data analytics
  • Data science
  • Information systems
  • Machine learning
  • Predictive modeling
  • Software development

Contact us to learn more about how we can help your business thrive in the AI era.

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