ROLE OF ARTIFICIAL INTELLIGENCE IN THE CREATION OF EMPLOYMENT OPPORTUNITIES

It is often assumed that artificial intelligence would eliminate jobs and raise unemployment. The same was assumed when the Internet was in its early stages, but the internet opened far more new doors and provided individuals with new work prospects that no one could have imagined at the time. With the progress of Artificial Intelligence, we can say the same thing is possible. This paper is an attempt to identify all the credible evidence to support the assertions that AI will generate advantageous employment prospects and not just increase the degree of unemployment in countries. For this purpose, secondary data sources are utilized. The study revealed that there will be increase in job opportunities for AI development and maintenance workforce, technicians skilled in AI powered healthcare, robotics professionals and engineers. Advancement in AI will also impact industries like gaming, transportation, sales and marketing. AI will also provide opportunities to humans to be more creative and focus on innovation and problem solving. New industry would emerge with millions of employment opportunities such as Big data, the Internet of Things, Cloud Computing, Cybersecurity, Data Science, Data analysis, Software development and Specialization in social media. It can be concluded that a hybrid team of man plus artificial intelligence is required in the present scenario to get the best results.

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Keywords: Artificial Intelligence, Employment Opportunities, Job Creation.


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