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By- Syed Fahad

CSD-C
160922750153

WILL TECHNOLOGY REDUCE OR INCREASE HUMAN


EMPLOYMENT OPPORTUNITIES?!
•INTRODUCTION
Artificial intelligence is typically defined as the capability
of a machine to imitate intelligent human behaviour.
John McCarthy invented the term artificial intelligence
in the year 1950.
Artificial intelligence is gaining a lot of traction lately.
This is mainly because it has broken the bottle neck of
human efficiency, reduced repitative and enhanced work
efficiency. As a result, almost every industry in the
world is planning to leverage artificial intelligence or
has already implemented it in their business.
UNEMPLOYMENT?
■ Some researchers believe that the onset ■ A few believe AI will impact jobs in
of the AI era can create an increase in the future, but it is likely that it will
the jobs for human civilization “not automate many tasks that are
always, but most of it creates new job currently performed by humans.
opportunities in long term. This could potentially lead to some
job loss in the short term.
■ The demand for Human
machine hybrid teams
Why AI will ■ Worldwide Employment
Create more ■ AI in Robotics
jobs than it ■ AI in Healthcare
takes ! ■ AI in Education
■ AI in the Gaming Industry
Conclusion
Although artificial intelligence dramatically
improves our world in many ways, there are
notable concerns regarding the forthcoming
impact of AI on employment and workforce.

Predictions about millions of unemployed


people in the next decade primarily due to the
impact of intelligent automation.

The number of jobs created by AI and


automation in general will likely out number
the jobs displaced. Employment models will be
severely impacted.

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