In its 2018 report, Will robots really steal our jobs?, PwC suggested that artificial intelligence (AI) threatened 30% of jobs in the UK. Much of the discussion on the introduction of AI and the potential effects on the legal sector is equally negative. Legal professionals have raised concerns that developments in AI-powered technology could threaten the security of junior roles, such as paralegals and research positions, within the next decade. Impressive advances in AI technology tailored for legal work have led some lawyers to worry that their profession is in jeopardy. However, in reality the likelihood of a lawyer's replacement is relatively low compared to that of a law student or a paralegal.

MORE than half of the 11 finance roles picked for a study will be moderately to highly changed by technology in the next three to five years. Those in the two most junior roles will likely be taken over by machines, while the most senior roles will be least affected, a new study showed. The study, entitled "Redefining the Finance Function with Job Redesign", said the Covid-19 pandemic has accelerated the pace of digital transformation. Within the next three to five years, there could be a wider adoption of technological enablers such as robotic process automation (RPA), artificial intelligence (AI), advanced analytics/Big Data and blockchain. This shift will have a pronounced impact on the finance functions of 2025, according to the study, conducted by the Institute of Singapore Chartered Accountants (ISCA), Lee Kuan Yew Centre for Innovative Cities (LKYCIC) at the Singapore University of Technology and Design, and Ernst & Young Advisory Pte Ltd (EY).