Will Artificial Intelligence Leave You Jobless?

Will Artificial Intelligence Leave You Jobless?
SHARE
THIS



Will I be replaced by a robot/computer/machine? It’s actually a question mankind has been asking for decades, writes Clayton Howes (pictured below), CEO of digital consumer finance firm MoneyMe.

Clayton Howes

In 1967, political scientist Sebastain de Graza predicted that advanced 21st century technology would reduce the average (human) working week to just 16 hours by 2020 – just three years from now!

In the early 1980s, ‘computerphobia’ was a term used to describe the anxiety, hostility, and resistance that arose with the emergence of the personal computer. Included in this was the widespread fear that people would eventually be replaced by machines and left redundant.

But while it’s true that technology, computers, and automation have resulted in some jobs being replaced or changed, these changes have been largely positive.

In 2017, the possibility that artificial intelligence might render humans jobless is the latest iteration of this very long-held fear.

But just like in years past, we believe this is also a largely unfounded fear, and here is why.

Defining artificial intelligence

Artificial intelligence (or AI) refers to any technology that can complete tasks which traditionally required human intelligence. This can include tasks that require visual perception, speech recognition, language translation, or decision-making. Its computer software is designed to aggregate data, conduct analysis, and provide recommendations based on this information.

From an employer’s perspective, replacing humans with AI platforms may seem to be a very cost-effective solution. AI platforms won’t ask for a raise, they don’t get sick, and they won’t chuck a sickie when they are actually hungover (for now).

So, can all jobs be replaced by AI?

Jobs AI will (hopefully) replace

When you think about it, not all jobs may actually be worth preserving.

A recent study by McKinsey & Co analysed 800 occupations to see which jobs or tasks were most at risk of being replaced by AI.

It found that those most at risk were also considered the least mentally stimulating or emotionally rewarding, such as jobs involving data collection, data processing, and predictable physical work.

These jobs typically involve routine, standardised, and unambiguous tasks that don’t necessarily lead to a great deal of job satisfaction or a high quality of life for the worker.

If they can be performed more quickly, efficiently, and cheaply by a machine, there doesn’t appear to be much downside.

Jobs AI cannot replace

The same McKinsey report found that positions which required creativity, people management, or complex decision-making were far less likely to be threatened by AI.

Artists, motivational speakers, teachers, psychologists, trainers, and managers at a range of levels all required a certain ‘human touch’ that could not easily be emulated using AI.

Because humans are feeling creatures who often need to employ emotional intelligence and intuition to be successful in certain areas, it was considered very unlikely that these jobs would be replaced by AI in the distant future.

Jobs AI could create or help to enhance

As has been the case with new technologies countless times in the past, the emergence of AI will inevitably create an exciting series of new jobs.

This could result in bringing certain jobs back on-shore. Tasks that have in the past been moved offshore may now be able to be performed by Australians, but in a different manner using technology, coding and AI processes. This will ensure the work is still performed at a cost-effective rate, but is back in the hands of young Australians needing the work.

And in the meantime, organisations are likely to first test the AI waters by using it to augment pre-existing jobs and human skills.

So, your job is more likely to be augmented by AI than completely replaced by it.

But if it is replaced, maybe that’s not actually the worst thing to happen in the world.

Please login with linkedin to comment

cigarettes Clayton Howes Designworks einsights MoneyMe theloop.com.au

Latest News

‘PAC-MAN COMMUNITY’ Brings The Iconic Franchise To Facebook Gaming
  • Campaigns
  • Technology

‘PAC-MAN COMMUNITY’ Brings The Iconic Franchise To Facebook Gaming

For more than 40 years, PAC-MAN has been a cultural icon in the world of games and beyond, including television, music and film. Today, the franchise has taken the next step in its evolution with the launch of PAC-MAN COMMUNITY, exclusively on Facebook Gaming. This isn’t your parents’ PAC-MAN (though the entire classic PAC-MAN is playable as […]

Building New Social Experiences On Facebook Gaming: Play Watch Connect
  • Campaigns
  • Media
  • Technology

Building New Social Experiences On Facebook Gaming: Play Watch Connect

For years, people have been able to play games, watch gaming videos and connect with fellow gamers on Facebook. But what if we could do more? Imagine a world where you didn’t just watch a gaming creator stream their play session, but instead, you could jump in and play with them live without needing to […]

CommBank Report: Aussies Keen To Spend On Travel
  • Media

CommBank Report: Aussies Keen To Spend On Travel

CommBank has today released its Household Spending Intentions (HSI) Index for November 2021, signifying its highest spending level since December 2019 and significant post-pandemic recovery, particularly in travel. The index – which provides an in-depth gauge of Australian consumer spending – rose 2.1 per cent during November to 110.3, driven by solid gains in spending […]

Disability Groups Call For A National Digital Accessibility Roadmap
  • Campaigns
  • Technology

Disability Groups Call For A National Digital Accessibility Roadmap

On International Day of People with a Disability, Infosys (NYSE: INFY) a global leader in next-generation digital services and consulting has released a first of its kind report: Exploring digital accessibility priorities and investments in Australia and New Zealand organisations. The study assessed for the first time, how far 670 organisations across Australia (570) and […]

Affinity Ranks Second At WARC Effective 100
  • Media

Affinity Ranks Second At WARC Effective 100

Independent Australian agency, Affinity has held its own against the world’s best in the prestigious WARC Effective 100, being named the second most effective Digital/Specialist agency in the world, and first across APAC. The recognition follows several wins in 2020 at global and local effectiveness awards across a range of clients, including Effies, New York […]

Tinder: Year In Swipe 2021
  • Campaigns

Tinder: Year In Swipe 2021

2019 had everyone facepalming at the state of the world, 2020 had us shrugging with uncertainty about the future and 2021 is the year we all exchanged and watched the drama unfold. From sharing the collective thought of oh my God when will this end to a common appreciation for simple meet-cutes, Tinder Gen Z […]

GoDaddy Wins Big At Olympic Marketing Awards
  • Media

GoDaddy Wins Big At Olympic Marketing Awards

The Australian Olympic Committee (AOC) announced internet domain registrar, GoDaddy as the winner of the 2021 Inspiration awards for excellence in Olympic marketing in Sydney last Thursday night. GoDaddy’s ‘Dream It. Build It’ campaign earned the top of the podium in a highly competitive field, ahead of Speedo’s ‘Made for Aussies, worn by Olympians’ and […]

Re:act Encourages Young Drivers To Practise Road Safety In New Campaign
  • Campaigns

Re:act Encourages Young Drivers To Practise Road Safety In New Campaign

Road safety behaviour change campaigns, created by local university students to educate young drivers about the risks of driving fatigued, launched nationally across Australia this morning. The campaigns are now featuring across digital assets in metropolitan and regional Victoria, New South Wales, Queensland and Western Australia, and will run for the next two weeks on […]

LEGO® Australia Rebuilds The World One Brick At A Time
  • Campaigns

LEGO® Australia Rebuilds The World One Brick At A Time

This holiday season Lego Australia will be conducting a giant rebuild of the world at the Sydney Opera House. LEGO® Australia will be inspiring children and families once again through their remarkable Christmas Giant builds. Thanks to an exciting partnership with the Sydney Opera House, the activation will take centre stage on the iconic Forecourt. […]