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Why AI will both increase efficiency and create jobs

Sarah K. White | April 18, 2017
There are legitimate concerns around AI and how it will impact the job market. But the real impact will depend on how businesses leverage and implement AI tools to support employees, rather than replace them.

"We need to ensure our education system responds to equip young people with the appropriate skills and adaptability, while businesses and public organizations must invest in training. Perhaps most of all, we need to encourage imagination and willingness to experiment. The organizations that can innovate with AI will reap the benefits. Their growth will make them the primary source of future jobs," he says.

Companies have a choice when implementing AI. They can choose to effectively implement systems that make employee's lives easier and find creative ways to leverage the technology, says Papatsaras. It's up to employers to ease fears for workers around AI and build strategies that benefit everyone.

"At the end of the day, as employers and employees, we need to figure this out. If we play our cards right, AI is here to lessen the burden in our lives and create what we all crave today -- a work-life balance," he says.

 

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