Artificial intelligence is increasingly being integrated into various job functions, raising questions about which roles might be eliminated and what workers need to do to safeguard their careers, analysts say.
Companies are doubling down on harnessing the power of AI by creating top-level roles, such as that of a chief AI officer and chief data and analytics officer, sharpening their focus on the technology to reap its benefits, Arun Chandrasekaran, vice president at research firm Gartner, told The National.
"AI has been a domain with a continued increase in new role creation ... and can benefit a broad suite of roles within the enterprise. Almost all functions within the enterprise will be impacted by AI, although the degree of impact would vary," he said.
"As many of the routine and low-level tasks get automated, it frees up time for tech workers to focus on more value-added tasks that have a direct impact on business value."
Roles such as AI engineers, data scientists and data engineers are becoming sought after. And titles such AI ethicists and AI architects are expected to become more common, Mr Chandrasekaran said.
Those who embrace AI are expected to benefit, and those who behind the curve need to upskill or their services "might get compared with AI-enabled intelligent machines", said Harish Dunakhe, senior research director at the International Data Corporation, said.
"Most jobs that perform repetitive and mundane tasks are getting automated by robotic process automation. However, the intelligent automation is fundamentally questioning the ‘need’ for many tasks and hence many jobs and roles are getting eliminated," he told The National.
A recent report by Goldman Sachs said AI could cost the world the equivalent of 300 million full-time jobs across major economies.
The growing adoption of AI technology can help boost global economic growth — annual global gross domestic product could grow 7 per cent in the 10 years after at least half of companies worldwide use AI — and raise labour productivity, the US investment bank's report found.
AI in the workplace is not new — bots being used in customer service roles and self-driving cars are among good examples — but it has significantly gained momentum with the advent of generative AI, which is seen to potentially replace human roles.
The technology — made popular by the OpenAI's ChatGPT — can produce various kinds of data, including audio, code, images, text, simulations, 3D objects and videos. While it takes cues from existing data, it is also capable of generating new and unexpected outputs, according to GenerativeAI.net.
Investors poured in more than $4.2 billion through 215 deals into generative AI start-ups in 2021 and 2022 after interest surged in 2019, data from CB Insights showed.
About $586 million in 20 deals during the same period has gone to generative interfaces, it said.
It has also caught the attention of Twitter chief executive Elon Musk, who this week said he plans to develop a new "truth-seeking" generative AI platform to challenge Microsoft-backed ChatGPT and Google’s Bard.
Indeed, AI has already disrupted the workforce, particularly in lower-level roles, but it is still uncertain how it would affect jobs at higher levels, especially in tasks that still require human intervention for operations to function properly and safely.
"AI has taken away the need for many less advanced, [mid-level] roles that can now be automated which has had a big impact on these types of roles, but we are yet to see AI significantly impact more advanced roles," John Armstrong, founder and managing director of Dubai-based recruitment firm JCA Associates, told The National.
"A jumbo jet can fly itself, but still requires a pilot and support crew."
Non-IT jobs across industries such as retail, manufacturing, transportation, oil and gas, finance, logistics and shipping are expected to undergo a massive transformation since business processes would rapidly change with AI being at the core, IDC's Mr Dunakhe said.
We are yet to see AI significantly impact more advanced roles ... a jumbo jet can fly itself, but still requires a pilot and support crew
John Armstrong,
founder and managing director of JCA Associates
"Jobs that deal with organisational data to analyse and present relevant information, or identify meaningful insights and patterns from the data might get impacted," he said.
Meanwhile, AI can also prove to be beneficial for a broad range of roles, from customer service, sales, marketing, communications, IT, research and development, finance and human resources, Mr Chandrasekaran said.
This highlights the need for workers to upskill or reskill themselves with AI, or they will face steep competition from the younger AI-equipped workers who do not have the baggage of older skills, he said.
"The skills needed for the future will be radically different than they are today," Mr Dunakhe added.
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A list of the animal rescue organisations in the UAE
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J%20Street%20Polling%20Results
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The Bio
Favourite holiday destination: Either Kazakhstan or Montenegro. I’ve been involved in events in both countries and they are just stunning.
Favourite book: I am a huge of Robin Cook’s medical thrillers, which I suppose is quite apt right now. My mother introduced me to them back home in New Zealand.
Favourite film or television programme: Forrest Gump is my favourite film, that’s never been up for debate. I love watching repeats of Mash as well.
Inspiration: My late father moulded me into the man I am today. I would also say disappointment and sadness are great motivators. There are times when events have brought me to my knees but it has also made me determined not to let them get the better of me.
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
THE BIO:
Sabri Razouk, 74
Athlete and fitness trainer
Married, father of six
Favourite exercise: Bench press
Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn
Power drink: A glass of yoghurt
Role model: Any good man
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
Zayed Sustainability Prize
More on animal trafficking
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Read more about the coronavirus
The Bio
Name: Lynn Davison
Profession: History teacher at Al Yasmina Academy, Abu Dhabi
Children: She has one son, Casey, 28
Hometown: Pontefract, West Yorkshire in the UK
Favourite book: The Alchemist by Paulo Coelho
Favourite Author: CJ Sansom
Favourite holiday destination: Bali
Favourite food: A Sunday roast
Mohammed bin Zayed Majlis
Mohammed bin Zayed Majlis
MATCH INFO
Rajasthan Royals 158-8 (20 ovs)
Kings XI Punjab 143/7 (20 ovs)
Rajasthan Royals won by 15 runs
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
The bio
Academics: Phd in strategic management in University of Wales
Number one caps: His best-seller caps are in shades of grey, blue, black and yellow
Reading: Is immersed in books on colours to understand more about the usage of different shades
Sport: Started playing polo two years ago. Helps him relax, plus he enjoys the speed and focus
Cars: Loves exotic cars and currently drives a Bentley Bentayga
Holiday: Favourite travel destinations are London and St Tropez
Tips from the expert
Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.
- Sellers should focus on providing high-quality used goods at attractive prices to buyers.
- It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
- Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
- Be creative and look around your home for valuable items that you no longer need but might be useful to others.
First Person
Richard Flanagan
Chatto & Windus
RESULTS
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching