How AI Will Change Human Jobs in the Next Two Years: The Good, the Bad, and the Ugly

As artificial intelligence (AI) continues to advance, there is no doubt that it will have a significant impact on the labour market. In the next two years, we can expect both positive and negative changes in the world of work. In this article, we will explore the good, the bad and the ugly of how AI will change human jobs in the next two years. 

The good:

One of the biggest benefits of AI is that it can automate repetitive and low-skill tasks, allowing human workers to focus on more complex and valuable work. This can lead to higher productivity and efficiency, and ultimately higher profits for businesses. In addition, AI can provide valuable insights and predictions based on big data, helping employees make better decisions and achieve better results. As a result, new employment opportunities are expected to emerge in areas such as data analytics, machine learning and AI development.

The bad:

While AI can create new employment opportunities, it can also lead to job displacement. Over the next two years, many low-skilled jobs, such as data entry and customer service, are expected to be automated by AI-powered tools. This could lead to significant job losses in certain industries, and workers will need to re-skill or upskill to compete in the labour market. In addition, there is a risk that AI will exacerbate income inequality, as workers in low-skilled occupations are more likely to be displaced than those in high-skilled occupations.

The ugly:

One of the biggest fears about AI is that it could lead to widespread job displacement and leave many workers without employment opportunities. There is also a risk that AI will be used to automate jobs that require empathy, creativity, and critical thinking, such as in healthcare and education. This could lead to a significant loss of human touch in these areas and ultimately have negative consequences for society as a whole. In addition, there is a risk that AI will be used to reinforce prejudice and discrimination, particularly in areas such as hiring and credit decisions.

In summary, AI will have a significant impact on the labour market over the next two years, with both positive and negative consequences. While AI can automate repetitive tasks and provide valuable insights, it can also lead to job displacement and exacerbate income inequality. In addition, AI risks being used to automate jobs that require human empathy and creativity, and perpetuate bias and discrimination. Therefore, we must carefully consider the impact of AI on the labour market and work to mitigate its negative consequences.