artificial intelligence and human creativity
Symbiosis between Artificial Intelligence and human creativity will define the Future of Jobs - ET CIO
By Ratna Mehta Technological advancement is a double-edged sword; while it oils the wheels of advancement and innovation leading to breakthroughs that improve efficiency, rationalise cost and improve the quality of life, it has its fallouts, i.e. job losses, health issues and environmental pollution. Man vs Machine With the rise of AI, there is increasing anxiety around massive job displacement. This is substantiated by widespread research: - Accountants have a 95% chance of losing jobs - 29% of legal sector jobs could be automated in 10 years - Intelligent agents and robots could replace 30% of the world's current human labour Being a trader was an esteemed profession, but with AI systems that can analyse information from markets, social media, corporate filings and economic conditions to quickly decipher trades, these systems can trade better than any human. As per analysis firm Oxford Economics, up to 20 million manufacturing jobs around the world could be replaced with robots by 2030. Man and Machine Joining Forces How we use technology depends on our perspective; we can use it to'replace' humans or we can leverage it to'augment' humans.