With the rise of AI, more and more jobs are set to be
automated. Today we're gonna cover five jobs
that are at risk of being taken over by AI.
Let's find out whether your job is at risk and whether
you need to upskill. Welcome to 5 mins 5 Ideas, I'm your host
Samanvay. The first job at risk of being automated by ai is of no
surprise to us is truck drivers and taxi drivers.
Companies like tesla are already on their way of building fully
functional fleets of autonomous cars not to mention they've recently released
their own autonomous truck. Morgan Stanley predicts that up to
336 billion dollars could be saved if an automated fight system
existed, if truck drivers were replaced by autonomous trucks. Now the only
benefit is not economical. The other benefit is
safety. Up to 90 of all accidents on the road are caused
in part due to human error and in 2004
trucks killed up to 3 900 people on the road. So autonomous vehicles does
not only lead to more money saved, better efficiency also
results in countless lives being saved. As
driverless cars become more common we can expect companies like uber and
lyft to operate a fleet of autonomous cars. The second
profession at risk of being automated by AI
are doctors. This is slightly unexpected but large parts of medicine
is already being improved on by an AI. AI algorithms are helping with better
surgical outcomes with early diagnosis of patients with the
early detection of diseases such as cancer
and helping with more effective drug discovery. I think it's very
important to highlight that AI algorithms are much more accurate at
detecting cancer than human doctors. In one research it was shown that a
neural network was 99% accurate at diagnosing a cancer
as opposed to 38% accuracy achieved by doctors. It can
help us in saving more lives if we were to have
AI do the tasks they're better at than
humans. Additionally robots in the operation theatre
are helping by reducing the risk during the surgery
and also reducing the risk of any issues happening
after the procedure. If you want to find out more about how
AI is changing healthcare check out this video.
The third job at risk of being automated by AI
are factory workers. This is pretty obvious as the nature of the work that
factory workers engage in is quite mechanical. We already are
seeing many factories laying off workers in favor of robots
that can do the same job faster with lower error rates. An example
of this is in china after a company started using AI they
fired 590 workers as a result the error rates went down by
20%. Now this is not all gloom and doom for
the human workers as a lot of factories are paying to
upskill the workers so that they can engage in work in other
fields or with other parts of the business. As I
mentioned earlier, robots are already being used in
many factories. One popular example would be Amazon.
A lot of Amazon warehouses are equipped with shelving robots that are
responsible for autonomously moving supplies as needed.
The fourth job at risk of being taken over by AI
are cashiers. With a projected growth rate of 2
annually, 97% of cashiers can be expected to be automated in the
near future. Now this is not just cashiers as more stores are going
online it's going to be the same case for retail workers who are going to be
made redundant or replaced by virtual assistants. The
fifth job at risk of being taken over by ai are telemarketers. Whenever a
telemarketer calls you it's very unlikely that you're gonna respond. On
average less than 10% of a company's sale come
from telemarketing. So it makes it the obvious choice to
automate this job altogether as it's gonna save the
companies a lot of money and they can also use AI bots to do the
job instead. Recently OpenAI, a company founded by
Elon Musk released GPT-3 its most powerful algorithm ever released.
This algorithm can answer pretty much any questions that you might have. It can
even write creative fiction and also help you talk
to historical figures. So advances in algorithm like this and
also advances in natural language processing can enable
you to have an almost natural conversation
with a robot just as you would with a human being. Now these
are 5 jobs at risk of being taken over by AI.
As we get displaced from one particular profession there's gonna be many
more that are gonna exist in the future which will allow us to explore
newer opportunities and create more room for innovations. If you enjoyed the video
don't forget to like and subscribe and I'll see you next time