Showing posts with label Future of work. Show all posts
Showing posts with label Future of work. Show all posts

Monday, August 14, 2023

Will AI take our jobs?

Let’s try to untangle this controversial subject and speculate about the future of work.



As a starting point we can look at the words of two great thinkers:


AI will take all our jobs and few new ones will be created

Susskind, D. (2020). A World Without Work: Technology, Automation, and How We Should Respond. Metropolitan Books

AI is redefining “routine” tasks and taking over both manual and cognitive jobs, posing a risk to up to half of all jobs; while it can create unforeseen tasks and jobs, there’s no guarantee of sufficient job replacement, necessitating a revamp in education and training to focus on fostering creativity, emotional intelligence, and lifelong learning.

AI will take current jobs but create better new ones

Marc Andreessen: Future of the Internet, Technology, and AI | Lex Fridman Podcast

The introduction of AI may cause job turnover, but it ultimately leads to more jobs and higher wages, as AI-driven efficiencies lower prices and spur new demand, creating new enterprises; however, there’s a need for individuals to adapt and acquire new skills, often aided by AI, to thrive in these changing circumstances.

The billion-dollar question is of course whether AI will create more jobs that it takes. I will refrain from taking a stance here, but instead focus on the arguments Susskind and Andreessen have in common and what you can do to improve your chances in both scenarios.


AI will take over tasks, not jobs

Your job consists of several tasks and the AI automation process targets tasks not the full job.

AI will start automating tasks that are repetitive, predictable, and require low cognitive engagement. But it will not stop there, we already today see AI taking on tasks that need creativity, problem-solving and considerable cognitive engagement, like data analysis, report writing and generating photos/illustrations (AI pretty good with creativity see Automating creativity — by Ethan Mollick — One Useful Thing).

Leaving social interaction and deep thinking to us humans. As AI advances, it will automate more advanced tasks, leading to changes in job-roles. We already see how e.g., Microsoft is trying to improve AI capability for social interaction to another level with project Rumi (Project Rumi — Microsoft Research)


What about my job?

  • If your job consists of a few similar tasks, then your entire role is likely to be automated by AI in the near future.
  • If your job involves a variety of different tasks and social interactions, then your role is likely to continue existing, but being re-defined since AI will take over much of your routine tasks. Note: today, writing a report is considered a routine task!

A full day of deep thinking?

The complex stuff, deep thinking, is left to us humans — this is a different beast compared to tackling routine tasks.

Our capacity for deep thinking is limited, doing cognitively “easy” tasks makes it possible for us to do 8–10 hour work days. In a future where AI assists us with all the easy tasks, our workday must be optimized for deep thinking and look quite different.

Deep thinkers such as Yuval Harari and Warren Buffet are known for spending a lot of time meditating and reading. I’m not sure if my manager would be happy with me spending 4 hours meditating and reading each workday…But our brains are not wired for 8 hours of constant complex thoughts.

We must throw away many of the current conceptions when structuring the new workdays, if we do it the right way, the future might turn out bright.


Start preparing now!

It’s crucial now, more than ever, for us to set the strategy and tactics for:

  • Embracing Lifelong Learning: We must spend more time studying for each unit of output, each day is a day for learning.
  • Developing Non-Automatable Skills: Skills like critical thinking, creativity, and emotional intelligence. The term non-automatable skills are highly dynamic and we must be agile.
  • Adapt and Be Flexible: The work landscape is changing, and we need to be prepared and open to change. This might mean changing our career paths or adopting new ways of working.

Conclusion

Will there be work for everyone? There will be fewer “easy” tasks to perform, forcing us to re-define jobs. AI won’t steal our jobs, but it will change them, requiring us to adapt and evolve more and quicker. We have a big chance of turning this into something positive for all of us.

Wednesday, August 2, 2023

Generative AI: My hopes for the Rest of 2023

 I’m gearing up for an exciting autumn as work resumes post summer break! Last year, Generative AI hit the public sphere and has been gaining momentum ever since. The tempo is furious.

A lot of push

Big tech companies like Microsoft, Google, Facebook, and Apple are investing heavily in generative AI, each with unique strategies. This push will result in broader adoption of generative AI, it you will hopefully encounter it this fall. In parallel, we're also seeing the major management firms providing strategy guides for AI, indicating a strategic shift.





With this backdrop, the autumn will be something extra!

Here's what I'm excited about for the rest of 2023:

1. AI from Non-Techies: I look forward to understanding how AI is explored and implemented by non-tech professionals. How are HR, line managers, CFOs, and even philosophers thinking about and leveraging this technology? More use-cases and less foundational model comparisons.

2. Enterprise adoption: Will we see broad enterprise adoption of generative? We already have an enterprise version of BingChat and a price tag on M365 Copilot. Will there be an explosion of enterprise solutions hitting the market? What are the consequence in terms of:

Productivity Boost: How is AI affecting productivity across different sectors? What are the concrete use cases, and time savings? How do we spend that “extra time”?

Job Market Response: What is the response to automation? Will we see a flood of new jobs already now or will there be a gap? A recent Netflix job posting for a machine learning platform product manager shows the role AI will play in content creation, likely reducing the need for human writers. How will such changes impact the job market?

AI-Integrated Business Processes: Are we going to see business processes, such as project management, being redesigned with generative AI at their core? How will a day for a project manager look like if 50% of the management is handled by AI

Up-skilling: How to train millions of employees to leverage the tools?


3. AI solving global problems: How is AI solving engineering problems? If AlphaGo could surprise a whole world by the “37th move”, could AI surprise us by new solutions to engineering problems?

Climate Change: How is AI helping us to win the fight against global warming? What are the concrete examples of AI-generated ideas helping combat climate change?

Cure for diseases: We have seen Alphafold starting to be used in protein research, but what else is happening in the life-science space?

Lot’s of questions, and hopefully lot’s of answers in the months to come. Excited for the journey!

What are you most excited for?

Monday, July 31, 2023

A new blog is released πŸŽ‰

πŸ’‘ I've been sharing my thoughts on how innovative tech such as AI and VR are revolutionizing areas like leadership and project management and helping us boost productivity.


I feel it’s difficult to navigate my posts as the content is growing.


πŸ” To provide a more searchable experience, I've decided to collect these scattered posts into an organized collection.


Thinkers Torch is my new blog, serving the aforementioned purpose πŸš€


This is where all my thoughts on these subjects will be stored and categorized for easy navigation πŸ“šπŸ—‚️


Everything will still be published on LinkedIn πŸ˜…


I hope the blog will be a helpful resource for you.


If there are specific topics you'd like me to cover, or if you have any suggestions or inquiries, please feel free to connect with me.

Sunday, March 5, 2023

AI will free up a lot of your time - what will you use it for?

Joann Vanek argued back in 1974 that even though we have new household devices such as dishwashers, the time spent on housework had not changed over the past half-century. The key question is what impact time-saving devices have?





πŸ€– In the ongoing AI discussions, it is often argued that AI tools will help us by taking over low-level admin tasks and freeing up time for more high-level work.

πŸ™Œ I think this sounds great!

😫 When stressed, I don't want to spend my time on low-level tasks such as reporting budget numbers that need to be filed just in time for finance. On the other hand, it can be quite relaxing to spend some time on easy, low-level tasks. When doing so, I get the feeling of doing important work (feeding my action bias), while half-resting my brain for more cognitively challenging tasks, such as a deep discussion with a team member.

πŸ•°️ Cal Newport suggests that most people can sustain about 4 hours of deep focus work per day, although this can vary depending on the individual. It's less than a full work day for sure.

❓ Will you have the courage to accept a workday without low-level admin tasks and work only 4 hours? or will it be as in the case with housework (and other automation in knowledge work) that you continue working 8-10 hours per day with a mix of high-level and new types of low-level work?

Old question, but a new context, exciting to see how it will develop this time πŸ™‚