If we take an example of the banking industry, which has undergone changes over the years. In banks, many things like passbook updating , cash & cheque deposit, have been automated for operational efficiency. With the help of online banking, consumer visit frequency to the bank become very less.
In the near future, AI is not going to replace jobs in service sector but it is going deal with complex work, which are high end jobs. Employees will need to go deep into analysis of the data and be able to provide solution which works better.
Across the industries, though some jobs will be automated in the coming years. Jobs with higher skill levels will still be in demand. This certified that a focused approach towards up-skilling the existing workforce to be prepared for the future. A good education will be imperative to acquiring skills, that are competitive in the new generation job market. This also means that the current education system need to adapt lot many things. It actually needs a revolutionary change in the current education system.
As a new generation, we need to think about how can we implement the changes. So that the new opportunities for upward growth are not get disturbed with the changes in market dynamics. The next generation entrepreneurs should have a smooth path to start new firms which will employ new staff with a new type of job with the marry of technology.
Employers will need to think of alternative models to build new talent. In the near future we need to look we would have to look at more such innovative thinking to manage the challenge.
Companies are already using AI and machine learning systems and they are into a new era of the unique category with a unique job opportunity. the new job roles are not replacing the old ones. The new job options need more skills more expertise.
