What AI Means For Your Job In The Next Recession

According to the World Economic Forum, Artificial Intelligence (AI) is set to create 58 million new roles and career opportunities by 2022.

The report says that “75 million jobs may be displaced by a shift in the division of labor between humans and machines, while 133 million new roles may emerge that are more adapted to the new division of labor between humans, machines and algorithms.”

Jeff Wong, Global Chief Innovation Officer at EY, also further elaborated that “It is true that AI will continue to disrupt the workforce, but like all other defining technologies, AI will also create new types of jobs and new career paths.”

AI always result in job displacement, which is unavoidable, AI also ultimately create new industries and opportunities. Another important thing to note is that automation cannot replace human performance jobs like management or unpredictable environment jobs such as plumbers or healthcare providers.

According to the AI World Society (AIWS), AI is a disruptive technology with strong impact to our society. It enforces governments beginning to address the issues related to AI through national strategies, laws and regulations. Especially, AIWS also highlighted the importance of AI and Ethics from different countries, including The AI JOBS Act, which requires the US Department of Labor to prepare and submit to Congress a report on AI and its impact on the workforce.