NERDBOT
    Facebook Twitter Instagram YouTube
    Subscribe
    NERDBOT
    • News
      • Reviews
    • Movies & TV
    • Comics
    • Gaming
    • Collectibles
    • Science & Tech
    • Nerd Culture
    • About Us
      • Want to Write for Nerdbot?
    NERDBOT
    Home»Nerd Voices»NV Business»Should We Expect A Mass Unemployment Due to AI?
    Unsplash
    NV Business

    Should We Expect A Mass Unemployment Due to AI?

    Nerd VoicesBy Nerd VoicesApril 26, 2022Updated:April 26, 20226 Mins Read
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email

    Computers are quickly intruding on sectors that were previously deemed unique to humans, thanks to recent technological advancements. Artificial intelligence (AI), machine learning, 3D printing, and genetics have made it possible for computers to accomplish jobs that were previously thought to be solely performed by people.  

    It’s tough to forecast how the labor market will look in 2050 based on how it looks today and a few decades ago. However, one thing is for sure technology is deemed to bring some massive change 

    Nonetheless, there are still divergent perspectives on the nature of change and its coming advent. As a result, a background investigation is required to address the question of whether or not technology can cause unemployment.

    But one deniable fact is that the ability to utilize the internet is the only skill you’ll need to survive in the future digital era, no matter what vocation you choose. Whatever type of business you start, you’ll need to go online in some way to grow and survive. Many internet service providers, such as Spectrum Internet, provide high-speed internet that may help you learn new skills and keep up with what’s going on in your field. With incredible plans offered by Spectrum, you can stay connected and acquire new skills and stay on top of the technological change in your profession.

    It’s critical to stay current because AI is increasingly exceeding humans in cognitive activities and is beginning to develop emotional capabilities. This might replace your current skills and you’ll eventually have to upgrade your capabilities. Not just in terms of making computers quicker and smarter, but also in the medical and social sciences, AI is fueled by advances. 

    In the sections below, we’ll look at some details that will help us determine if AI is expected to result in mass unemployment. So keep reading!.

    Job Market and Technology

    Early technology tended to enhance the output of manual workers by providing better tools, equipment, and cheaper raw materials. Industries then switched to electric power, which enabled batch and continuous manufacturing processes, as well as production lines. Factory workers grew more productive as they were in command of more resources and production. In the meanwhile, many manual jobs were mechanized.

    Employees are sometimes complemented by technology, which boosts their capacity to do certain tasks, but at the same time, they are also replaced by technology, which automates some or all of their job. 

    As a result, we can argue that technology does generate a specific type of unemployment for those whose skills become less in demand due to AI replacement. This type of unemployment is referred to as structural unemployment, and it arises when available labor market skills become less in demand.

    What Industries Can Expect a Massive AI Disruption in the Not-So-Distant Future?

    Technology’s capacity to intelligently automate repetitive activities makes it an extremely disruptive force in a variety of industries. In light of this, we looked at some of the sectors that are most prone to be affected by AI’s broad adoption. Let’s have a look at them:

    Healthcare

    The adoption of AI in the healthcare sector is expected to deliver a slew of benefits to users. The healthcare industry as a whole has been focused on gathering accurate and useful data about patients or those who seek treatment. As a result, AI is well suited to the data-rich realm of healthcare.

    The development of artificial intelligence (AI) might pave the way for the mainstream use of predictive healthcare. AI can assist doctors in taking proactive steps to ensure their patients’ health by utilizing predictive analytics.

    Aside from that, AI may make visual analysis easier, making it easier to analyze scan data. Because AI can search through many scans far quicker than humans, this has already been applied to support clinicians in diagnosing symptoms at a much faster rate. 

    Logistics and Transportation

    New technologies appear to be influencing existing modes of transportation. The whole transportation system is evolving.

    In the transportation business, adopting and constructing the outcomes of scientific and technological research on top of present technologies will become a mature process. 

    Artificial intelligence would enable more efficient use of air and road space, as well as time savings and the avoidance of traffic jams. Drivers, engineers, traffic control authorities, and other professionals would lose their jobs as AI would take over their responsibilities.

    Military

    When battlefields become digital, the necessity for strong muscular troops will be replaced by the need for knowledgeable computer professionals. According to the UK military’s chief, automated systems and robots may soon make up a quarter of the British army by 2030. 

     Furthermore, AI would facilitate the integration and automation of military systems such as armament, sensors, biometrics, and information systems. Armed forces may be able to increase their multi-layer skills in coping with a range of unforeseen conflict scenarios using artificial intelligence. Artificial intelligence enables fast decision-making in both shifting and information-scarce situations.

    Retail Services 

    As a result of the necessity to innovate, service companies are gradually integrating robots into frontline service encounters. A well-known example that we may see now is Amazon’s cashier-free shops. The ultimate goal of these companies is to save labor costs and remove unnecessary human involvement from the purchasing process. The first Go convenience store did away with the checkout process in favor of using sensors to recognize what items are being removed from shelves.

    To summarize, 

    We may assert that technology is causing structural unemployment. The possibility of losing control over our lives, on the other hand, is far more terrible. We should be more concerned about the shift of power from humans to algorithms, which threatens to destroy any remaining faith in the liberal narrative and pave the way for the emergence of digital totalitarianism. However, losing our jobs to AI might be a gift in disguise if we can combine a universal economic safety net with supportive relationships and meaningful ventures. It will take time to see how people react to their robotic counterparts.

    Author

    • Nerd Voices
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleHow to Invest Properly with a Small Budget in 2022
    Next Article Five Movies To Watch About Sports
    Nerd Voices

    Here at Nerdbot we are always looking for fresh takes on anything people love with a focus on television, comics, movies, animation, video games and more. If you feel passionate about something or love to be the person to get the word of nerd out to the public, we want to hear from you! Visit the "Write For Nerdbot" Tab Above to learn more!

    Related Posts

    UX Design Services Guide

    June 22, 2022

    Want To Read The DC Comics? Where To Start

    June 22, 2022

    The Most Historically Important Watches

    June 22, 2022

    How Ripple/XRP Made The International Transactions So Fast?

    June 21, 2022

    3 Interesting Ways To Convert Bitcoin Into Cash

    June 21, 2022

    It Is Still Better To Invest In Bitcoin Than Never

    June 21, 2022
    Subscribe for the Latest News
    • Trending
    • Latest
    • Movies
    • TV

    Christian Activist Suing The NFL For $867 Trillion Over Half-Time Show

    February 5, 2020

    Marvel Eyeing GOT Star Nathalie Emmanuel To Play The MCU’s Storm

    June 27, 2019

    Rumor: Charlie Hunnam In Talks For New Wolverine Movie

    May 20, 2019

    Scientists Are Actually Trying to Open a Portal to a Mirror Universe(Yes Really)

    December 28, 2019

    Spirit Halloween’s Exclusive “Hocus Pocus” Funkos Drop Tomorrow!

    June 22, 2022

    “What We Do in the Shadows” Gets Parental in New Trailer

    June 22, 2022

    Broadway Bound: “Back to the Future” Musical Sets 2023 Premiere

    June 22, 2022

    Explore Archetypes, Symbolism, and Magic with Anime Tarot

    June 22, 2022

    Cult Filmmaker John Waters Getting Star on Hollywood Walk of Fame

    June 21, 2022

    Fathom Events Releases Statement on “The Thing” Issue

    June 21, 2022

    Daily Dune: Léa Seydoux Joins “Part 2” as Margot Lady Fenring

    June 21, 2022

    Jason Blum Thinks he Can Bring Robert Englund Back as Freddy Krueger

    June 20, 2022

    “What We Do in the Shadows” Gets Parental in New Trailer

    June 22, 2022

    Ewan McGregor, Hayden Christensen Want More “Obi Wan Kenobi” Too

    June 22, 2022

    Kazan’s Granddaughter to Write, Florence Pugh to Star in “East of Eden”

    June 21, 2022

    “Spider-Verse” Director Peter Ramsey to Helm “Ahsoka” Episode

    April 10, 2022
    Related Posts

    None found

    San Diego Comic-Con
      • San Diego Comic-Con
    NERDBOT
    Facebook Twitter Instagram YouTube
    © 2022 NERDBOT Media

    Type above and press Enter to search. Press Esc to cancel.

    Posting....