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How can Artificial Intelligence increase Employment?

 

Best Engineering College in Jaipur Rajasthan well said that robots are coming is now a familiar refrain as artificial intelligence and machine learning become more common in the workforce also But far from destroying jobs, Artificial Intelligence Courses creates jobs and creates higher-value jobs, so artificial intelligence enhances jobs by making humans more valuable in their roles.

Jobs Enhancement Through AI

Artificial intelligence is helping employees be more productive in their jobs, and be more valuable to their employers As we’ve discussed here before, artificial intelligence is great at sifting through tons of data also We like to say that it isn’t as “smart” as a human being, but it can “think” much faster so That makes artificial intelligence perfect for flying through menial tasks that used to eat up employees’ valuable time also Plus, it gives those employees more time to focus on the parts of their jobs that make money and Hard-working salespeople around the world use Einstein to make sense of the mountains of data they have on their prospects also The artificial intelligence analyzes the millions of customers to make laser-focused on predictions about the best way to make a sale.

Underwriters are saving their companies tens of millions of dollars, and their customer’s thousands, by using artificial intelligence to underwrite loans smarter Their clients get lower, more fair rates, and they protect themselves from far more risks also many top law firms are now using artificial intelligence to perform legal research so when investigating securities fraud, A.I. is analyzing mountains of stock price data to identify trends and anomalous, potentially fraudulent behavior, And in healthcare, artificial intelligence is helping surgeons by using predictive modeling to suggest spine treatment strategies and It is also creating hyper-personalized medical implants for surgeries.

Artificial Intelligence Creates Jobs with More Value

Artificial intelligence creates new jobs, and high-paying skilled labor in their place, In automotive factories across the United States, for example, assembly line workers are being replaced by intelligent robotics, powered and guided by advanced AI. But those workers aren’t leaving the factories also They’re moving upstairs, to new roles as robotics technicians Companies are using the increased productivity to invest in workforce training, and those same workers now have safer better-paying jobs so Even more interesting, many white-collar workers are moving to higher-paying roles as trainers.

Zend Rive’s Artificial Intelligence Is Helping Drivers

We’re using artificial intelligence to make drivers better and roads safer, and We have over 100 billion miles of driver data also We know how people drive better than anyone, And we’re using that data to help drivers perform their jobs better, so Our Driver Coaching system analyzes a driver’s behaviors using their smartphone and offers specific suggestions on and To reduce the probability of a collision after Recent years have seen impressive advances in artificial intelligence (AI) and also this has stoked renewed concern about the impact of technological progress on the labor market so including on worker displacement and This paper looks at the possible links between AI and employment in a cross-country context also It adapts the It is occupational impact measure developed by Felten, Raj, and Seamans (2018[1]; 2019[2]) also an indicator measuring the degree to which occupations rely on abilities in which AI has made the most progress and extends it to 23 OECD countries, so The indicator, which allows for variations in AI exposure across occupations, as well as within occupations and across countries, is then matched to Labour Force Surveys, to analyze the relationship with employment and Over the period 2012-2019, employment grew in nearly all occupations analyzed. Overall, there appears to be no clear relationship between AI exposure and employment growth also However, in occupations where computer use is high, greater exposure to AI, also it is linked to higher employment growth, So the paper also finds suggestive evidence of a negative relationship between AI exposure and growth in average hours worked among occupations where computer use is low and While further research is needed to identify the exact mechanisms driving these results also one possible explanation is that partial automation by AI increases productivity directly as well as by shifting the task composition of occupations towards higher value-added tasks and This increase in labor productivity and output counteracts the direct displacement effect of automation through AI for workers with good digital skills and who may find it easier to use AI effectively and shift to non-automatable also higher-value-added tasks within their occupations.

Conclusion

Best Engineering college in Rajasthan any new technology that has the potential to change the way humanity lives has always created a huge amount of debate, and this is especially true for Artificial Intelligence. The debate over Artificial Intelligence is never-ending. Researchers, thinkers, IT professionals, and even the average layman has polarizing opinions on AI and its potential impact on humanity.

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