Will AI take my Job ?

Let's start with three historical examples to illustrate how technological advancements have changed job structures.

Example 1: Industrial Revolution (Late 18th to Early 19th Century)

• The introduction of machinery in industries like textiles and manufacturing transformed production processes. Initially, there was concern that machines would replace human labor.
• While some jobs were lost (e.g., hand-weaving), many new jobs were created (e.g., machine operators, maintenance workers).
• The overall productivity of industries increased, leading to economic growth and the creation of new industries and job categories.

Example 2: The Advent of Computers (Mid 20th Century)

• Computers automated many tasks previously done manually, such as calculations, data entry, and complex computations.
• Jobs like typists and certain types of clerical work decreased.
• New roles emerged in software development, IT support, system analysis, and cybersecurity.
• Entirely new industries, such as the software and IT services industries, were born.

Example 3: The Internet Boom (1990s)

• The proliferation of the internet revolutionized communication, commerce, and information sharing.
• Traditional retail jobs faced challenges due to e-commerce.
• New job categories emerged, including web development, digital marketing, e-commerce management, and IT infrastructure roles.
• The internet also enabled the gig economy, creating opportunities for freelance and remote work.

The Impact of AI on Jobs

AI is an advanced technology that will increase the world's #productivity, meaning we will collectively achieve things faster with respect to time. This also means we will free up time to do other things, and a new work structure will be created.

This new work will be distributed to the world's workforce, which is divided into a high-value (high-cost) and low-value (low-cost) structure, depending on the value of the output an individual contributes.

Therefore, AI or any advanced technology that the world discovers will never cut jobs; it will change jobs.Those who #adapt will always have jobs. Those who are slow to adapt may be out of a job for some time until the new job structure reaches equilibrium (which always has jobs for every willing individual) until a new advanced technology disrupts it again.

The cycle will go on.

Final Thoughts

• History of Technology: From the Industrial Revolution to the Internet Boom, technology has transformed jobs but also created new ones.
• AI's Impact: AI will increase productivity and change how we work, not eliminate jobs.
• Adaptation is Key: Those who adapt and learn new skills will thrive; those slow to adapt may face temporary displacement.
• New Opportunities: Each technological advancement has led to new industries and job roles.
• Embrace Change: The cycle of job transformation will continue with AI, offering new opportunities for those ready to embrace change.

I hope this article gives confidence to those who feel AI may take their Job and encourages everyone to #adapt to stay relevant in the #changing job market.

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