A.I. and Career Development

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Artificial Intelligence in combination with the progressing development of natural-language processing, machine learning, and deep structured learning and its impact on today’s work marketplace is a highly debated and researched topic.[1] A study [2] by the World Economic Forum and Boston Consulting Group concludes that nearly 1 million Americans will have lost their jobs by 2026. Globally, up to 800 million workers [3] could be displaced by automation. Even though the optimism towards AI is growing, the concerns about consequences about AI introduction to the workplace and the possibility of technological unemployment are still very present and considerable as a global survey [4] by BCG GAMMA and Ipsos shows. Half of the responders surveyed for 2018 Deloitte Human Capital Trends report [5] indicated that their organizations are already involved in automation projects, with 24% using AI and robotics to perform routine tasks, 16% to augment human skills, and 7% to restructure work entirely. According to Accenture [6], the impact of AI technologies on business is projected to increase labor productivity by up to 40% and enable people to make more efficient use of their time.

A.I. and Job Hunting[edit]

AI-powered systems simplify the process [7] of relevant employment opportunities, where intelligent agents operate information on sets of skills, estimate possible salaries and consider an applicant’s preferences, matching people to the right job and company when using such job search platforms as Google for Jobs. [8] AI matches job hunters’ organizational-culture preferences to companies that align with them [9] (a startup, a flat organization, a strong social environment, a team environment, individual work). Artificial Intelligence is used to such an extent that it has been introduced to the interview process [10] to battle prejudice and discrimination in the recruitment process.

A.I. and Application Process[edit]

AI has been also employed in the process of application in the form of AI-powered resume builder software and Applicant tracking system (ATS) to help both recruiters and job seekers. The resume builders, such as one employed by Skillroads [11] and Mosaic [12], swiftly produce application documents like CVs and cover letters via use of intelligent agents that analyze the instructions provided by applicants or their LinkedIn profiles [13], find key pieces of information and insert them into resumes. The Applicant Tracking Systems are widely used by recruiters [14] to source, screen resumes and organize applicants’ information, thus shortening the wait time for candidates. One of the most important benefits of using AI recruiting is that it will mitigate repetitive tasks, such as timesheets, scheduling and paperwork, and will allow recruiters to focus on the human elements of the job search and hire processes.

The Impact of A.I. on Employment[edit]

The relation between AI and jobs breeds a lot of discussion and raises various arguments, especially in the job market 2018. [15] Some experts claim that AI causes loss of jobs, [16] while others defend the productivity effect of automation. A two-year study by McKinsey Global Institute [17] suggests that by 2030, intelligent agents and robots could displace 30% of the world’s human labor. Other research [18] points out that technology can supplant people in routine tasks, but raise a relative demand in the well-paid skilled jobs in the Information technology sector (e.g., in Big data, AI, IoT, sensor technology, and general software engineering) and industrial sectors (e.g., in the automotive and robotics sector, advanced transportation and warehousing, and 3D printing), which typically require non-routine cognitive skills and develop due to technology progress. [19] One certain prospect is that AI will definitely proceed to change employment in the future, [20] but it is beyond the bounds of possibility to predict the extent of artificial intelligence impact on jobs entirely.

See also[edit]

  • Robotic process automation
  • Automation
  • Career development

References[edit]

References
  1. "The impact of artificial intelligence on employment" (PDF). July 2018.
  2. "Reskilling Revolution Needed for the Millions of Jobs at Risk Due to Technological Disruption". 22 January 2018.
  3. "Robot automation will 'take 800 million jobs by 2030'". 29 November 2018.
  4. "Employees Familiar with AI Both Welcome and Fear Its PresenceGlobal Survey". 20 June 2018.
  5. AI, Robotics, and Automation: Put humans in the loop, Deloitte
  6. Artificial Intelligence is the Future of Growth, Accenture
  7. Artificial Intelligence And Recruiting: A Candidate's Perspective, Forbes
  8. "Google for Jobs".
  9. "The Future of Work is Now: AI Helps Job Hunters Find, Land, & Keep Dream Jobs". April 2018.
  10. "Help wanted, apply to the AI: Why your next job interview could be with a machine". 4 September 2018.
  11. AI Resume Career Builder, Skillroads
  12. AI Agent, Mosaic
  13. "The AI Academy: How We're Scaling AI Across LinkedIn". 16 May 2018.
  14. "Recruitment strategies report 2017: invest in employee referrals and promote your brand better". 4 October 2017.
  15. "How artificial intelligence is shaking up the job market". 17 September 2018.
  16. "The Question with AI Isn't Whether We'll Lose Our Jobs — It's How Much We'll Get Paid". 21 January 2018.
  17. "Jobs lost, jobs gained: What the future of work will mean for jobs, skills, and wages". November 2017.
  18. "Technology and people: The great job-creating machine" (PDF). 2015.
  19. Allen, Katie (18 August 2015). "Technology has created more jobs than it has destroyed, says 140 years of data". The Guardian.
  20. White, Sarah K. (29 June 2018). "AI's impact on the future of work". CIO.
Sources


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