How to Assuage an Industrial Case of AI’s Disruption

Floyd A. Brown, December 9, 2024

It seems counter-intuitive that in the throes of the disruption of Artificial Intelligence on industry and sectors of the economy, we require astute studies of its impact, as if the remarkable changes it currently wrought on society by this latest of Industrial Revolution, is not apparent. What is the difference between the Artificial Intelligence age and the First Industrial Revolution?

The US Department of Labor Statistics states “…many jobs in office and administrative support, transportation, and services are at risk, despite the latter not typically being considered routine. Additionally… AI, in contrast with previous new technologies like software and robots, is directed at high-skill tasks…. This research suggests that highly skilled workers may be displaced at a higher rate given the current rate of adoption of AI.” (US Department of Labor Statistics, 2024).  The fact is that approximately “… 14% of jobs are at risk of automation across 32 countries…” (US Department of Labor Statistics, 2024) In addition, the attributable displacements may appear less tangible, as this technology revolution is expected to complement humanity, where we have Artificial Intelligence systems working together with people on cognitive tasks.

The result of AI disruption on “…many jobs in office and administrative support, transportation, and services…” (Department of Labor Statistics, 2024) is expected as Artificial Intelligent systems automate the tasks of administrative support with Natural Language Processing algorithms, decision making, computer vision for self-driving vehicles, and complex calculations used in logistics planning. The disruption of AI is driving a need for specialists that can build and manage complex AI systems. For example, someone that works in an office, doing research, may be impacted as the workplace integrates AI into operations by legitimizing the use of ChatGPT in our workflow. If you anticipate an increase for AI skillset then consider enrolling in a training or certificate course to meet the demands for AI’s expansion. 

References

U.S. Bureau Of Labor Statistics. Dell, Kristin & Nicole Nestoriak. (2024, September 7). Assessing the Impact of New Technologies on the Labor Market: Key Constructs, Gaps, and Data Collection Strategies for the Bureau of Labor Statistics. https://www.bls.gov/bls/congressional-reports/assessing-the-impact-of-new-technologies-on-the-labor-market.htm

Burke, Nate. (2013, August 14). The Iron Horse Comes to Town. Seaside Story.