AI in the Job Market: Threat or Opportunity?
Artificial intelligence (AI) refers to artificial simulation of human intelligence and thinking power through machines or software. The two main functions of Artificial Intelligence (AI) are: 1) learning, and 2) problem-solving, which is largely similar to human nature. Accordingly, AI is constantly learning new things and solving problems, including taking on opportunities to work in new sectors. As a result, many jobs are being replaced by AI and new jobs are being created, but there are some job sectors that AI can never replace. So, this article is written to briefly discuss the impact of AI on jobs.
How Will AI Replace Jobs
A report by investment bank Goldman Sachs states that artificial intelligence (AI) could replace the equivalent of 300 million jobs. Moreover, Forbes published a report from MIT and Boston University, stating that AI will replace nearly two million manufacturing workers in 2025.
Now, a question may be running through your mind: how will AI replace jobs? For example, if AI makes a worker’s job 10 times easier, the positions created to support that job could become unnecessary.
Therefore, below, I am listing some jobs that will be replaced by AI in the next 5–10 years.
Data Entry Clerks: There is a high risk of AI replacement in data entry jobs. The reason behind that is AI completes data entry tasks with accurate information in less time. For example, AI makes entry level data entry in excel very easy and takes less time, besides applying different formulas of excel with one command to organize or analyze entry level data. According to a McKinsey study, up to 38% of data entry jobs could be controlled by AI by 2030.
Bank Tellers: Throughout the history of the world, many jobs have been lost due to new inventions and technologies. Bank tellers are now losing their jobs due to AI. To illustrate, Smart ATMs powered by AI simplify daily transactions and act as virtual assistants, like helping customers complete complex banking processes including cash transactions, wire transfers. On the other hand, an artificial intelligence (AI) algorithm identifies profitable investment opportunities by analyzing bank customer information and transaction data. As a result, European banks are cutting 60K jobs, global banks are cutting 80K jobs, and US banks will lay off countless workers due to its use of AI.
Customer service representatives: You’d be surprised to hear that 50% of the CEOs of established companies in the world are trying to implement virtual customer service. They especially want to use generative AI to provide customer service, because it is an easy process to influence customers through customer support. Currently, advanced AI is adept at finding complex patterns from customer data, which is time-consuming for humans. Besides, Generative AI receives and analyzes data from customer service call transcripts, emails, social media and forum posts, and customer relationship management (CRM) platforms to continuously update the company’s FAQs with answers to frequently asked customer questions, as well as AI bots respond to customer calls, emails and social media posts at any time.
In simple terms, I want to say that AI can provide customer support in a 24/7 formula at low cost, meanwhile, it is difficult for humans to provide customer support in a 24/7 formula at low cost. Hence, companies are expressing interest in completing customer representations with generative AI.
Executive Assistants: Artificial intelligence (AI) will significantly impact the role of executive assistants in the future.
Today, common AI tools like Google Bird and Chat GPT are already being used in the administrative field. This frees up executive assistants to focus on higher-level tasks.
In explanation, AI-powered tools can do many of the tasks of Executive Assistants, like summarize documents, identify key trends, travel arrangements, data management, translate languages, transcribe meetings, provide personalized learning opportunities, and advanced data analytics capabilities. These tasks can be done by AI, which is dangerous for Executive Assistants.
Manufacturing Workers: AI-powered robots work better than humans. For example, AI-powered robots are being used to manufacture cars, mobile phones, microchips, computer chips, and small components. This is because AI-powered robots can work faster and more accurately than humans. Currently, various manufacturing companies, including Microsoft, IBM, Raymond Limited, AWS, Nvidia, Amazon, Ford, Samsung, and BMW, are directly and indirectly using AI or AI-powered robots.
Retail Cashiers: AI is also currently making its way into retail checkout and cashier positions, reducing the need for workers in this sector. Because of these AI systems can independently manage inventory, transactions, as well as provide personalized shopping experiences.
Amazon recently created a cashier less store using GenAI. This AI algorithm is performing the work of a retail cashier and is also designing the homepage of the Amazon website based on customer needs and product preferences. Moreover, Zalando, E-bay, Warby Parker, Asos, Walmart, H&M, and Starbucks want to use AI retail cashiers.
Basic Research Analysts: Artificial intelligence has revolutionized fundamental market research, as AI tools can analyze vast amounts of data and market history to uncover insights much faster and more accurately than humans.
In examples, ChatGPT, and Microsoft Bing determine future prices by analyzing forex, crypto, and stock markets. AI can also analyze web traffic, customer surveys, and sales data to identify categories, predict trends, and set prices.
However, companies are using AI instead of humans for basic research. As a result, the demand for basic research analysts is decreasing day by day.
Entry-Level Graphic Design: AI is slowly taking over graphic design, which is not good news for entry-level designers. You can see how AI websites like DALL-E 2 and Midjourney are creating complex designs in a short amount of time by writing prompts. For this reason many people are creating designs by writing prompts with AI, but they have no prior design experience.
On the other hand, websites like Canva and Adobe Express offer free and low-cost design templates for logos, posters, flyers, banners, and social media posts. Small businesses are using Canva and Adobe Express to meet their everyday design needs. As a result, entry-level graphic designers are not getting the same opportunities to work as they used to.
Proofreaders: Believe it or not, AI will be able to perform 90% of proofreading tasks by 2030. Believe it or not, AI will be able to perform 90% of proofreading tasks by 2030. Take a look at Grammarly and other language processing websites like it, which play a leading role in correcting grammar, maintaining the tone of writing, and more. Moreover, these AI websites have improved over time, allowing any writer to complete the proofreading task themselves in a short time.
Driver: In today’s world, a question has arisen in the professional arena: what would happen if AI took car keys and cars from drivers? Because AI-powered cars have started hitting the roads and being sold primarily in the U.S.A., U.K., and China. According to a McKinsey report, self-driving cars will account for 15% of the global car market by 2030.
This will have an impact on all sectors related to transportation. Elon Musk, Tesla CEO, envisions a future where AI-powered transportation will be the safest choice. In view of this, AI-powered cars have started selling in the current car market. So the driver profession is very likely to be replaced by AI in the future.
How Will AI Create Jobs
The revolution in artificial intelligence (AI) has led some to fear that AI could replace human workers, but it turns out that AI could actually create new jobs. Recently, new research has shown that AI could actually create around 97 million new jobs by 2025 — Here’s how AI can contribute to job creation.
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AI Engineers: As AI is progressing, the demand for AI engineers is increasing day by day. This is because AI systems are implemented, maintained, and developed by skilled developers.
In addition, AI engineers can use AI systems to create websites and software in a short time, identify error code, and improve the debugging process.
As a result, companies have started hiring AI engineers, but are not getting the developers they hoped for. The World Economic Forum estimates that there will be a shortage of 1 million AI professionals by 2030.
Robotics Engineer: Robotics engineering is an amazing career in the age of AI, because developed nations are working to use AI-powered robots in fields as diverse as mining, ocean exploration, nano-technology, surgery, modern warfare and space-exploration.
However, Robotics engineers design robots with new applications using knowledge from computer engineering, mechanical engineering, electrical engineering, AI or software engineering.
Consequently, skilled robotics engineers are needed to build robots, which is far less than the demand.
AI Content Creator: Nowadays, business success is impossible without digital marketing. To do this digital marketing, you have to create content, and creating this content becomes easier with AI. Currently, there are various websites for creating different types of content, like, CopyAI (content writing), InVideo, Loom (video creating), Animaker (animation creating), Audacity (audio content), etc. Those who use such AI tools together are called AI content creators.
Genarelly, AI content creators are earning passive income from various websites including YouTube, Facebook, Instagram, Medium, etc. In addition, various companies are hiring AI content creators as the demand for AI content is increasing day by day.
AI Ethicist Specialist: The use of AI in everyday life is increasing. Along with this, anxiety is increasing. The reason is that as the use of AI increases, so does the need for ethical oversight to prevent these technologies from being used irresponsibly or causing harm.
However, AI Ethics has not expanded in the same way that the use of AI has expanded. Consequently, which creates a risk of data misuse or breach for the user.
Data Scientist: Data science is a competitive field with huge job opportunities for growth. By 2033, data science will create 11 million jobs. Meanwhile, 57% of companies worldwide have started using data science for better decision-making and strategy.
AI Developers: In today’s world, giant companies and various websites are using AI applications to make people’s lives easier, and help companies stay ahead in the fast-moving market.
Emphatically, AI developers are needed to create AI applications. But the number of AI developers is very low. On account of, the demand for AI developers is very high.
There are more than 21 thousand AI developer job openings in the current market, and it will increase by at least 82% in the next 10 years.
AI Researcher: AI researchers usually work in universities, research centers, and technology companies. Their main job is to create AI technology or AI systems that can make people’s lives easier and more efficient.
The demand for AI researchers is very high in the job market, as AI is driving robotics, autonomous vehicles, economics, and marketing. As a result, Google, Microsoft, Amazon, Facebook, Apple, and OpenAI often offer jobs for AI researchers.
Cybersecurity analyst with AI: On February 21, 2025, North Korea hacked $1.5 billion worth of Ethereum (ETH) from Dubai-based crypto exchange Bybit, citing weak cybersecurity. Therefore, you understand the importance of a Cybersecurity Analyst.
A Cybersecurity Analyst with AI is a professional who uses AI to strengthen cybersecurity, detect cyber attacks in a short time, predict cyber attacks, and ensure security.
Cybersecurity has become one of the most popular careers worldwide. It is estimated that employment in the field of Cybersecurity Analyst with AI is expected to grow by 300% in the next 5 years.
AI manager: AI manager who leads all artificial intelligence activities, strategies, and projects in an organization or company, where researchers, developers, data scientists, and machine learning engineers work.
To elaborate, big companies have started hiring AI managers to research and create products with AI, like Google, Microsoft, Amazon, Apple, Meta, Stripe, Square, Robinhood, Tempus, PathAI, IBM Watson Health, Walmart, Target, and eBay are hiring AI managers in companies.
For the reason that companies can increase the momentum in their AI products and AI research
AI Instructors: Nowadays many people want to learn the use of AI as well as build a career with AI technology. And to learn this knowledge about AI and the use of AI technology, an AI instructor is needed.
In simpler terms, various universities and training centers are hiring AI instructors to provide training on AI. Besides, AI instructors are selling courses on online learning platforms like Coursera, Udemy, edX, LinkedIn Learning, etc.
On the other hand, various tech companies are hiring AI instructors to provide AI training to new employees.
Conclusion
In simple terms, I would like to say that “AI will replace those people who do not use AI.” Start learning Artificial Intelligence (AI) now, because no matter how AI impacts the job sector, don’t let AI impact you. AI is taught through Google, YouTube, and tutorial websites. Besides, many universities in the USA and UK have started diploma courses in AI. So start your AI learning journey now.
