Artificial Intelligence, also known as AI, is defined as the capability of a machine to imitate intelligent human behavior. AI has been at the forefront of technological advances the past few years. The power of AI reaches far beyond self-driving cars and other consumer products. Its impact is already being felt in the finance, transportation, and medical industries among others. While there are both skeptical and optimistic debates regarding the impact AI will have on the job market, there are certainly many advantages that AI brings to the workplace. Helps Look for the Best Job Candidates More and more companies are using AI and automated technology, such as the software provided by Ideal, to make their recruitment process easier. Ideal has the ability to target candidates who may not have even thought of applying for a specific job in the first place and scans resumes submitted to an online job posting. This technology sorts through applications faster than a human ever could and picks out the most qualified job seekers based on the analysis of data and keywords contained within sections of each document submitted. AI software provides an objective viewpoint of each candidate and eliminates some partiality that hiring managers sometimes hold such as gender or racial bias. Juergen Mueller, Chief Innovation Officer at SAP, poses the question; “Recruiters spend 60% of their time reading CVs. Why should a person read 300 resumes if a machine can propose the top 10?” While still new to recruiting, artificial intelligence automates tedious and time-consuming processes, which allows managers to focus on more imperative tasks. Creates New Jobs One of the central fears surrounding the introduction of AI into the job market is the uncertainty it brings to job security. As AI gains greater human-like capabilities, it’s inevitable that there will be jobs cut to cost effective and mechanized labor. On the other hand, there will be a mass introduction of new careers into the job market that we don’t even know exist yet. Research firm Gartner estimates that by 2020 AI will generate 2.3 million jobs, exceeding the 1.8 million that it will remove. Many hiring managers suggest these new jobs are not replacing the old ones, but instead require new “skills and training that have no precedents.” As AI begins to automate tasks, there will be an increasing need for innately cognitive skills that only human workers possess. Career Shifts Some technology specialists predict a “gradual lessening of work hours,” due to AI, which will shift many full-time jobs to temporary. While this hypothesis may sound like grounds for caution, the loss in pay from working fewer hours may lead to an overall decrease in costs for goods and services provided by AI. This could mean that if your salary gets cut down due to you working fewer hours, your overall cost of living will also decrease over time. Furthermore, the type and reason for human labor will likely change. As traditional work such as truck driving transitions into work done by AI, hard work will be replaced by smart work. While the transition to less tedious work might mean fewer hours and less pay, it can lead to a higher quality life that provides you with more time to pursue other passions. Kiran Garimella, Chief Scientist & Chief Technology Officer at KoreConX, hopes people will view the shift toward automated tasks as a “golden opportunity to get rid of the shackles of work they must do so they can do work they want to do.” Medical Advances Specifically in the medical industry, AI is making healthcare strides that are vastly improving human lives. The automated technology is already advanced in disease prevention, early detection, accurate diagnoses, and effectively treating patients. The impact of AI is felt on the Marist College campus in the School of Science’s Movement Analysis Lab. Ever since suffering from a stroke more than five years ago Britta Degenshein has been undergoing physical therapy to regain complete mobility. She recently came to Marist and was hooked up to the college’s new biomechanical system that monitors her movements and offers detailed analysis. The Movement Analysis Lab’s system is able to analyze track motion by using 10, 3D infrared cameras, eight force plates beneath a computerized walkway, a 12-channel wireless electromyography, and two high-definition cameras. The AI-powered technology helped Degenshein identify the muscles she used, overused, or underutilized to precise degrees, which helped determine a course of action for regaining use of her right leg. IT professionals are slowly and systematically introducing artificial intelligence into new sectors of the workforce in order to properly examine its impact and remain in control over the technology. It may take years, decades, or even longer, to see AI dramatically change our everyday lives. While the transition might be rocky, the advances brought on by artificial intelligence have the power to transform human lives for the better.
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8/29/2023 05:35:00 am
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9/16/2023 02:29:40 am
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