The use of Artificial Intelligence in various fields is going to be a cornerstone of our economy in the coming years. Experts estimate that in the near future, it’ll be hard to find a single industry that won’t have some sort of automation software involved. Companies are already turning to AI for help with customer service, recruiting, investment analysis, and more. It looks like this is one trend that isn’t going anywhere anytime soon! In this article, we are going to explore the future of AI in the job market.
Job Market, AI, and The Future
In the past, hiring a new employee meant sifting through resumes and interviewing multiple job applicants. While there were certainly downsides to this process, it was an industry standard for a long time, and companies would only make changes if absolutely necessary. But now, many businesses are finding that they can replace much of their workforce with automation software. This means that they no longer have to spend hours each day looking over resumes or scheduling interviews. Instead, they just have to tell the AI recruiting software what kind of employees they’re looking for, and then let these programs do the rest! Of course, there is still human oversight in place, after all, people are still needed to work with these new programs to make sure they’re effective.
This isn’t to say that companies are looking to get rid of all their employees. Companies want to use automation software in order to make their lives easier and improve productivity. That way, they can focus on the more enjoyable aspects of their job while letting artificial intelligence do what it does best!
Using Artificial Intelligence in the Job Market
Of course, these new programs won’t be able to completely replace workers. After all, AI isn’t quite at the level where it can handle every aspect of a business. Instead, companies are using AI to handle parts of their job that would normally just get in the way. For example, hiring is a large pain point for many companies. They’re required to put in hours on end sifting through resumes and trying to schedule interviews with applicants who aren’t available at convenient times. But now, AI can be used to take care of these responsibilities.
Many companies are taking advantage of automated resume screening software. This is used to sift through applicants’ resumes and narrow down who would be the best fit for the available position. This takes out much of the guesswork, allowing hiring managers to focus on the candidates that matter.
AI And The Customer Service Industry
Customer service is expected to be one of the first industries where AI begins making inroads. Companies are already investing in chatbots that can handle simple questions, freeing up their human workers to focus on more complex issues or client interactions. One company has even gone so far as to create an artificial intelligence robot lawyer for use by law firms. Evie, the virtual assistant, can answer general legal practice questions and help lawyers with basic tasks like document review.
It’s not just entry-level customer service reps who need to worry about automation taking over though. The shift toward automated hiring processes means that there is no job too important for companies to consider handing off software if it means saving money in the long run. Even highly skilled professionals will be replaced if they are unable to justify their salary tag.
What Will AI Be Used For?
Of course, this doesn’t mean that customer service or even recruitment software will be the only applications of artificial intelligence in the workplace. A variety of industries have begun turning to intelligent software for help with everything from data analysis and writing reports to project management and record keeping. It’s not just office jobs that are being affected either. Even highly skilled professionals are being replaced by AI, with companies using it for tasks like medical imaging, document review, transcription, criminal activity prediction, investment advice, legal research, financial forecasting, sports predictions, academic writing, blogging advice, and even scientific discovery.
In time artificial intelligence may become so good at these tasks that humans will be unable to compete with the software, leaving many employees without work. This isn’t just a risk for blue-collar or low-skill workers either, creative types and even managers may struggle to find jobs in an automated economy. Even highly skilled employees like engineers and doctors are going to need to make sure they stay up to date on the latest technology if they want to remain relevant in a world where everyone is working alongside robots.
Artificial Intelligence is here to stay. It will continue to make inroads into the job market, affecting all levels of employment from entry-level customer service representatives up to highly skilled professionals. But don’t worry, if you’re keeping an eye on this field and staying informed about the new developments, there’s no reason that your career should suffer if AI becomes more widespread in the coming years. You may even find yourself working alongside robots or automating some aspects of your own work!