Artificial Intelligence will not take away jobs: Expert - ET Telecom

NEW DELHI: The Artificial Intelligence or AI will not take away employment but the nature of opportunities would change in tandem with the industry 4.0 revolution and that would require potentially-skilled human resources, according to an AI expert. "AI is not going to take away jobs but the nature of the jobs will change as a part of industrial and technology revolution. In fact, more jobs are going to be created with AI that requires more capacity and potential workforce," Eightfold co-founder and chief executive Ashutosh Garg told ETTelecom. As many as 25% part-time employees in the United States fear that AI would take their jobs within next 10 years while in the United Kingdom, 67% are worried that AI could enable machines to do human work, according to recent findings. The manufacturing, retail, telemarketing, and data entry segments are most likely to shrink jobs due to AI expansion, according to a study sponsored by Genesys, while some analysts feel that AI is expected to create new hybrid roles in the manufacturing value chain.