Artificial intelligence (AI) is here and growing in reach. Companies and organizations are already employing this technology to tackle some of the world’s most difficult challenges, like climate change, disease, and sustainability.
A company in India is using AI to predict heart disease years before it strikes. A Chinese company is reimagining how clean energy can be efficiently generated and shared. And, scientists in Australia are using AI to help protect marine wildlife.
The public debate over AI and employment has been going on for some time. But when our survey specifically asked workers and business leaders in Asia Pacific about this, both groups shared a positive view of AI’s likely effect on the future of jobs
The study revealed that 62% of leaders and 66% of workers expected AI would help them do their jobs better, or to reduce boring and repetitive tasks.
The survey found that most workers were optimistic about their ability to adapt and reskill, with only 14 percent thinking that it might be too much to handle. Business leaders were a little more cautious on this point, with 20 percent believing it might be too difficult for their employees.
Today’s job market has already reacted. The World Economic Forum found that “AI skills are among the fastest-growing skills on LinkedIn, and saw a 190% increase from 2015 to 2017.”
The study also took a deeper look at existing supply and demand for skills, and how business leaders expect them to change over time. It found the supply of physical and manual skills, and basic cognitive skills will likely outstrip demand within three years. However, there will be a shortage of workers who have digital and adaptability skills, along with a grounding in continuous learning as well as scientific research and development.
If leaders accept this responsibility and recognize that workers are ready and willing to adapt, companies can improve their readiness for the change that is to come.