Artificial Intelligence and Robotics and Their Impact
Artificial Intelligence
impacts the Career Opportunities for Engineering graduates
Artificial
Intelligence has gained lots of attraction in recent times. This is mainly
because it has broken the bottleneck of reduced repetitive work, human efficiency,
and enhanced work efficiency. As a result, almost every industry in the world
is planning to leverage AI or has already implemented it in their business.
However, implementing AI ultimately leads to the elimination of a lot of human
jobs. In fact, in areas like medical diagnosis, speech translation, and
accounting, AI has outperformed humans in every way imaginable. Thus, there is
this underlying fear that AI will one day take over most of the job
opportunities for the students of top engineering colleges in the world.
Reasons of creating more
jobs through AI
1. The Demand for man-machine Hybrid
Teams
The
future of employment is completely dependent on how well humans and AI blend to
create augmented hybrid teams. An AI has strengths like speed, accuracy,
computation, etc. A human has strengths like empathy, judgment, cognition, etc.
This role will combine these strengths of both AI and humans to generate better
business results. It has estimated that new applications of AI-human
collaboration could boost employment by 10%in the next few years.
2. Worldwide Employment
Companies that effectively implement AI can generate more money
for their businesses. Thus, it leads to higher employee wages, better
technology tools, and greater efficiency. With such success, companies can
actually spread their reach all over the world. As a result, they will require
a global workforce, which again generates huge employment or job opportunities
for the students of Best Engineering Colleges in India.
3. AI’s Role in Marketing and Sales
AI
has already started playing a significant role in marketing and sales. Through
the development of smart databases, AI can help in building effective and
large-scale sales forces. Tools like Zendesk and Salesforce, are using AI to
develop insights that can help companies in recruiting the right sales teams
for their business.
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