With the rise of AI, more and more jobs
are set to be
automated. Today we're gonna cover five
jobs
that are at risk of being taken over by
AI.
Let's find out whether your job is at
risk and whether
you need to upskill. Welcome to 5
mins 5 Ideas, I'm your host
Samanvay. The first job at
risk of being automated by ai is of no
surprise to us
is truck drivers and taxi drivers.
Companies like tesla are already
on their way of building fully
functional fleets of autonomous cars
not to mention they've recently released
their own autonomous
truck. Morgan Stanley predicts that up to
336 billion dollars could be
saved if an automated fight system
existed, if truck drivers were replaced
by autonomous trucks. Now the only
benefit
is not economical. The other benefit is
safety. Up to 90
of all accidents on the road are caused
in part
due to human error and in 2004
trucks killed up to 3 900 people
on the road. So autonomous vehicles does
not only lead to
more money saved, better efficiency also
results in
countless lives being saved. As
driverless cars become more common
we can expect companies like uber and
lyft to operate
a fleet of autonomous cars. The second
profession at risk of being automated by
AI
are doctors. This is slightly unexpected
but large parts of medicine
is already being improved on by an AI.
AI algorithms are helping with better
surgical outcomes with
early diagnosis of patients with the
early detection of diseases such as
cancer
and helping with more effective drug
discovery. I think it's very
important to highlight that AI
algorithms are much more accurate at
detecting cancer than human doctors.
In one research it was shown that a
neural network
was 99% accurate at diagnosing a cancer
as opposed to
38% accuracy achieved by doctors. It can
help us
in saving more lives if we were to have
AI
do the tasks they're better at than
humans. Additionally robots in the
operation theatre
are helping by reducing the risk during
the surgery
and also reducing the risk of any issues
happening
after the procedure. If you want to find
out more about how
AI is changing healthcare check out this
video.
The third job at risk of being automated
by AI
are factory workers. This is pretty
obvious as the nature of the work that
factory workers engage in
is quite mechanical. We already are
seeing many factories
laying off workers in favor of robots
that can do the same job
faster with lower error rates. An example
of this is in china
after a company started using AI they
fired 590 workers
as a result the error rates went down by
20%.
Now this is not all gloom and doom for
the human workers
as a lot of factories are paying to
upskill the workers
so that they can engage in work in other
fields or
with other parts of the business. As I
mentioned earlier, robots are already
being used in
many factories. One popular example would
be Amazon.
A lot of Amazon warehouses are equipped
with shelving robots that are
responsible for
autonomously moving supplies as needed.
The fourth job at risk of being taken
over by AI
are cashiers. With a projected growth
rate of 2
annually, 97% of cashiers
can be expected to be automated in the
near future. Now this is not
just cashiers as more stores are going
online it's going to be the same case
for retail workers who are going to be
made redundant
or replaced by virtual assistants. The
fifth job at risk of being taken over
by ai are telemarketers. Whenever a
telemarketer calls you it's very
unlikely that you're gonna respond. On
average
less than 10% of a company's sale come
from telemarketing. So
it makes it the obvious choice to
automate this job
altogether as it's gonna save the
companies a lot of money
and they can also use AI bots to do the
job instead. Recently OpenAI, a company
founded by
Elon Musk released GPT-3 its most
powerful algorithm ever released.
This algorithm can answer pretty much
any questions that you might have. It can
even write
creative fiction and also help you talk
to historical figures.
So advances in algorithm like this and
also advances in natural language
processing can enable
you to have an almost natural
conversation
with a robot just as you would with a
human being. Now these
are 5 jobs at risk of being taken
over by AI.
As we get displaced from one particular
profession there's gonna be many
more that are gonna exist in the future
which will allow us to explore
newer opportunities and create more room
for innovations. If you enjoyed the video
don't forget to like and subscribe and
I'll see you next time
