Organizations, on the other hand, move considerably more slowly than technology. Many people use smart devices in their daily work, but just a handful have lost their employment due to technological advancement.
A job change, on the other hand, is more likely. According to a McKinsey report from 2021, 6% of workers, particularly those in low-wage jobs, may need to find new employment due to automation and the pandemic. According to a 2018 Deloitte survey, 82 percent of AI adopters predict moderate to significant work changes for their staff in the next three years.
AI will be able to suggest (and maybe automatically conduct) actions that end users say "yes" to, learn how users behave, automate tasks, and spot trends to aid future planning as AI improves.
But what will be the outcome?
Well, the ability to save a large amount of administrative time and the appropriate individuals were always in the right place at the right time. Something that will be even more important when external forces drive us to think in new ways.
Predicting where the industry will be in the future is never easy; however, here are five tips that you could do to be AI-proof soon.
1. Stop neglecting math & science
The rise of AI will open up new opportunities in science, technology, engineering, and mathematics (STEM). Yet, data reveals that only a tiny percentage of people are good at arithmetic and are interested in a STEM profession. This data finding is hardly surprising, given that most students consider contemporary math and science classes to be dull and irrelevant to their daily lives. To buck this tendency, educational institutions must invest in hands-on, creative teaching activities that will develop a lifetime interest in STEM areas in kids, such as creating a robot or designing an outfit out of lights and sensors.
2. Make learning the only constant
Every day, new ideas disrupt markets, resulting in an ever-changing environment. If new workers are avoiding the old-fashion way, they must abandon the widely held belief that education ends at 22. Similarly, if the C-suite wants to keep the company in the future, it will have to invest extensively in continual education programs for personnel. CEOs should view reskilling as a business-critical mission rather than a nice-to-have and spend considerably on educational initiatives for current and future employees.
3. Build your digital skills
Some businesses looking to retrain or upskill employees are unsure what skills will be necessary for future positions, but they are confident that those talents will be digitally oriented. For example, Amazon already made an investment of $700 million in retraining to ensure that its employees have the skills they will need to achieve even more in the digital labor market.
The company's primary focus is on the third of its employees, who work in distribution centers, transportation, and non-technical tasks at headquarters. Two examples are retraining workers in fulfillment centers (which are more vulnerable to automation) for careers as IT support technicians and assisting non-technical corporate employees in learning software engineering skills.
Employees at DBS Bank in Singapore were also given seven digital skills, including digital communications, digital business models, digital technologies, and data-driven thinking, by their bosses. Deloitte recently has been focusing more on making its employees "tech savvy," anticipating that nearly every employee will need to grasp how technology works and its relation to their tasks in an AI-driven business environment. All three companies believe that whatever changes happen to future jobs, employees — and their employers — will be better off if they have more capability with the digital world.
4. Predicting Job Trends
Predicting the nature of future jobs is difficult, if not impossible, to achieve accurately. Even if projections are attainable, they will almost certainly vary significantly from job to job. Nonetheless, some businesses are experimenting with methods for predicting the future of all occupations in the organization, positions that are particularly vulnerable to AI, or jobs that have a strong connection to future initiatives.
JPMorgan Chase already announces a $350 million investment in reskilling for AI-related job shifts, and the business is being both proactive and specific in its approach. It's collaborating with MIT and other researchers to determine which talents and vocations are most likely that the AI will replace, using a "suitability for machine learning" (SML) evaluation. This investment will assist the bank in planning for job changes, and workers gain the skills they need to achieve more in their new jobs.
5. Stay passionately curious
All employees, from CEOs to interns, have a responsibility to prepare themselves for the future. Technology changes so quickly that talents that are useful now may be obsolete tomorrow, but for a curious person, keeping up with the market isn't a problem.
You may have the data analytics abilities that are important for the job you're interviewing for today, but if you're not ready to put in the time, sweat, and tears to keep learning, you'll lag. Curiosity Quotient is the most crucial trait we all need to cultivate in this atmosphere (CQ).
To stay relevant, we must continually ask questions, seek out new ideas, surround ourselves with a wide range of abilities, and use them to stimulate our thinking.
Now prepare yourself for the future by practicing these tips. Learn more advice for any self-development topics and consult with us! Also, follow us at Instagram @baikgp and @ayureadypodcast for more information and extra insights!