What jobs will AI replace

What jobs will AI replace in 2024?

We are in the midst of an AI revolution. Artificial intelligence and automation are transforming how we work and live. As AI capabilities rapidly advance, many jobs that humans currently perform may be replaced by intelligent machines over the next few years. Understanding which jobs are most susceptible to AI disruption will be crucial for workers and organizations looking to adapt and succeed in the future.

AI and automation driving workplace changes

The expansion of AI is being driven by major improvements in machine learning algorithms and growth in computing power and big data. As machines become smarter and more capable, they can replicate a wider range of human skills and tasks. According to a recent McKinsey report, at least 30% of activities across 60% of occupations could be automated using current AI technologies. This proportion is expected to grow as the technology evolves.

Most susceptible occupations and industries

Although AI will largely supplement human capabilities rather than wholly replace jobs initially, certain occupations are more vulnerable in the short term. These tend to involve highly repetitive and predictable physical activities, data collection and processing. Jobs most likely to be threatened by automation over the next 5-10 years include:

Manual and clerical roles

  • Data entry clerks – AI can automate data entry with much higher accuracy and efficiency
  • Administrative assistants – Scheduling, calendar management and travel booking can all be handled by AI assistants
  • Bookkeepers and accountants – Automated systems now handle routine financial transactions and reporting
  • Legal secretaries – Contract review, document analysis and billing procedures are being digitized

Manufacturing and warehousing positions

  • Assembly line workers – Robots can perform repetitive manual tasks faster and more precisely
  • Warehouse operatives – AI oversees inventory, packing and planning in smart warehouses and distribution hubs
  • Forklift and delivery drivers – driverless vehicles and drones are taking over short-haul logistics roles
  • Quality control inspectors – computer vision AI detects defects and irregularities automatically
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Customer service, sales and content moderation jobs

  • Telemarketers – conversational AI handles routine sales queries and feedback
  • Cashiers – automated checkouts and payment systems remove need for human cashiers
  • Technical support – chatbots provide 24/7 support for common IT and customer service issues
  • Content moderators – AI filters out prohibited/dangerous content on social media

Sectors investing heavily in AI

Organizations across all industries are adopting AI to improve efficiency and tap growth opportunities. However, the following sectors are making the largest investments and seeing the biggest AI impact initially:

Banking and finance

Banks are using AI for automated fraud detection, client risk assessment, portfolio optimization and personalization of financial products. It is enabling fintech disruptors to offer cheaper, faster and more tailored services. By 2030, AI could potentially deliver over $1 trillion of additional value for the banking sector.

Supply chain and manufacturing

Smart factories and supply chains are using AI to coordinate production flows, predict equipment failures, optimize inventory and logistics, and customize manufacturing. According to Capgemini research, 79% of automotive and manufacturing companies are testing AI proof of concepts.

Healthcare

AI is revolutionizing areas like medical diagnosis, treatment planning, drug discovery and precision medicine. It also automates administrative tasks. The healthcare AI market is forecast to grow over 36% annually faster than any other industry.

Information technology

As developers of AI solutions, IT companies are also major adopters. AI optimizes data center operations, automates network security, testing and IT support. Gartner predicts AI augmentation will create $2.9 trillion of business value by 2021.

New human roles emerging

Although AI threatens many existing jobs, new roles are being created to support AI adoption. The following emerging positions play to uniquely human strengths while exploiting the power of intelligent machines:

AI trainers

Humans are needed to train, maintain and optimize AI systems by labeling data, monitoring for bias and setting objectives. Demand for qualified AI trainers is soaring LinkedIn lists it as an emerging job growing over 74% annually.

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AI explainers

As AI informs more decisions in areas like healthcare, finance and transportation safety, there will be a growing need for experts who interpret, communicate and build trust in AI predictions. Dedicated AI explainability roles are starting to appear.

AI augmentation specialists

This involves partnering workers with AI tools to enhance performance. Augmentation experts figure out how to best combine and apply human skills with machine capabilities in different contexts. More organizations are hiring for these roles as AI permeates workplaces.

Data analysts and scientists

The exponential growth in data and new analytics capabilities powered by AI lead to greater demand for data and analytics skills across every industry. Data scientists and analysts will continue finding new opportunities to apply AI for business gains.

Machine learning engineers

All companies adopting AI need talent that can build, optimize, integrate and manage complex machine learning models and systems, especially as AI functionality grows more advanced. Salaries for top machine learning engineers can exceed $500K.

User experience designers

Even the smartest AI applications need great design to deliver value. As consumers and employees interact with more AI touchpoints, designers focusing on intuitive, transparent and trustworthy experiences will be critical. Expect huge growth in AI-focused UX roles.

Preparing for the AI future

Workers in occupations most susceptible to AI should brush up on transferable skillsets and consider reskilling opportunities in growing areas like data analytics or UX design. Organizations should support reskilling programs and change management to smooth workforce transitions.

Though AI will displace many jobs, humans still have unique attributes like creativity, empathy, leadership and innovation. The workers able to harness machines as partners while applying diverse human strengths are best positioned for success as AI progresses. Responsible adoption where technology enhances rather than replaces humanity is the ideal path forward.

Conclusion

Advancements in artificial intelligence will transform the workplace over the next decade as more tasks and jobs are automated by smart systems. Manual, repetitive roles and data-heavy positions like administrative assistants, factory workers and accountants are most vulnerable initially. However, AI will also create new high-value opportunities for professionals who can work closely with intelligent machines, such as AI trainers, data analysts and UX designers. With proactive adaptation, workers can thrive alongside AI and enjoy more creative, meaningful work. Organizations must support their workforces through reskilling and change management initiatives to ease the transition.

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FAQs

What percentage of current jobs will AI replace by 2030?

According to multiple estimates, AI could automate between 20-50% of jobs by 2030 as the technology matures and becomes more widely adopted across industries. However, new human roles supporting AI will also emerge, offsetting some losses.

What jobs are safe from AI automation?

Jobs relying heavily on social skills, creativity, leadership, human judgement and complex problem solving will be toughest for AI to replicate. Examples include nurses, teachers, engineers, managers and writers. AI will act more as an assistant for these roles in the near future.

How fast will AI automation happen?

Transformation will be gradual, allowing time for adaptation. Though AI capabilities are accelerating rapidly, factors like regulatory changes, organizational dynamics and skills retraining slow down practical implementation. Most experts believe AI will mostly complement rather than fully replace jobs through at least 2030.

Will AI create or destroy more jobs?

Studies show AI destroys more jobs than it creates presently. But the new roles emerging tend to be more sophisticated and well-paying. With adequate policy and education support for workforce transitions, AI could unlock new beneficial opportunities that outweigh the losses.

What skills should I develop for an AI future?

In-demand human skills needed alongside AI include communication, creativity, critical thinking, collaboration, data analysis and interpretation, design, and technical abilities like software development and machine learning engineering. Lifelong learning will also grow increasingly vital.

MK Usmaan