The new world of work: You plus AI

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  • “The question of whether AI will replace human workers assumes that AI and humans have the same qualities and abilities — but, in reality, they don’t. AI-based machines are fast, more accurate, and consistently rational, but they aren’t intuitive, emotional, or culturally sensitive.” It is in combining the strengths of AI and humans that we can be even more effective.”

New schools seek to bring AI, programming literacy to fill the talent gap

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  • “The AI talent shortage isn’t merely a matter of AI engineers, either. Software developers were the workers in highest demand in 2020, according to LinkedIn data, and Microsoft estimates that the next five years will see the creation of around 149 million new technology-oriented jobs with most roles in software development.
  • In fact, as far back as 2017, Gartner predicted app development demand would outstrip IT’s capacity to deliver it through 2021, as highlighted by Daniel Kroening in The Wall Street Journal.
  • More than 40 computer science academics left for high-paying private-sector jobs in 2018 compared to 15 in 2012 and none in 2004
  • CS does not even count toward high school graduation in 35 out of 50 U.S. states, though 58% of all new STEM jobs are in computing.”

Don’t fear AI. It will lead to long-term job growth.

  • “By 2030, AI will lead to an estimated $15.7 trillion, or 26% increase, in global GDP, based on PwC’s Global Artificial Intelligence Study.
  • In its “Future of Jobs Report 2020,” the World Economic Forum estimates that 85 million jobs will be displaced while 97 million new jobs will be created across 26 countries by 2025.
  • In the next few years, 3% of jobs will be potentially automated by AI, according to PwC’s report ‘Will robots really steal our jobs?’”

The Link Between Artificial Intelligence Jobs and Well-Being

  • “CNBC/SurveyMonkey Workplace Happiness survey from October last year, 37% of workers between the ages of 18 and 24 are worried about AI eliminating their jobs.
  • But a recent study from two researchers affiliated with the Stanford Institute for Human-Centered Artificial Intelligence (HAI) challenged this public perception about AI’s impact on social welfare.
  • They found that, between 2014 and 2018, cities with greater increases in AI-related job postings exhibited greater economic growth.
  • They found that AI-related job growth – mediated by economic growth – was positively associated with improved state of being, especially for physical, social, and financial components.”