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What are the potential job losses due to AI in tech?

AI in tech

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Artificial Intelligence (AI) is transforming the world. From enhancing healthcare and automating banking services to transforming education and entertainment, AI is rendering processes quicker, wiser, and more efficient. But this fantastic technological advancement has an accompanying drawback—displacement of jobs. While AI systems perform repetitive and data-intensive jobs, most professionals in the field of technology are starting to question the safety of their livelihoods.

The threat of losing jobs to AI is not mere fantasy. Studies indicate that automation and AI have the potential to drastically change the job scenario. Interestingly, even industries in sectors like financial services which are not conventionally linked with cutting-edge technology, are looking at AI to make operations more efficient, which may affect jobs involving manual processing and data handling.

In India, where the technology industry is a major job creator, there is a need to examine the possible job loss and how the professionals can make themselves fit into this change. Let us closely examine which technologies are under threat and what measures can be taken to reduce these threats.

1. Coding and software development jobs

AI can now write and test code, threatening the future of software development work. GitHub Copilot and OpenAI’s Codex are two examples of tools that can create code snippets, debug code automatically, and even create simple programs with very little input from humans.

Though these tools are still helping and not replacing developers, they are constantly evolving. Beginner coding positions, especially those dealing with repetitive or mundane coding work, could decline. Startups and small companies might find it more economical to use AI-driven coding tools instead of employing masses of junior developers, particularly when budget is a concern.

But skilled developers able to create complicated systems, appreciate business needs, and manage code generated by AI will be just as valuable. The professionals’ solution is to climb the expertise ladder, working on architecture, problem-solving, and incorporating AI into development life cycles.

2. Data entry and analysis roles

The capacity of AI tools to process data at scale is unparalleled. Data analysis is increasingly being handled by AI programs capable of identifying patterns and developing independent insights, while jobs that entail data entry, processing, and preliminary analysis are likely to be automated. Companies like online retailers with vast customer information, can make use of AI-driven analytics in order to increase customer satisfaction and make knowledge-based data-driven decisions, reducing the need for human intervention when dealing with data.

3. IT helpdesk and support services

Virtual chatbots and AI virtual assistants are changing IT and customer support functions. For instance, Lyft collaborated with Anthropic to enhance customer care through AI methodologies, which brought an 87% decrease in resolution times. Though such initiatives make the organisation more productive, they lead to fewer opportunities for entry-level IT support positions. To stay in the competition, IT employees have to divert their attention from straightforward issues to tricky problems involving human judgment and empathy.

4. Testing and quality assurance (QA)

Software testing and QA are now much quicker than before, thanks to AI-driven testing systems that can identify and resolve issues. Studies indicate that AI-based testing can potentially boost test coverage by as much as 85%. Companies that integrate AI into their testing processes expect a 30% decrease in testing costs and a 25% boost in test efficiency. Though these innovations may challenge the employment of human testers, professionals in this field can outperform others by being able to coexist with AI technology, manage complex test scenarios, and understand AI testing frameworks.

5. Administrative and operations duties

AI technologies like RPA (Robotic Process Automation) are great at automating routine functions like scheduling, invoicing, and record-keeping. A study found that RPA implementation can reduce administrative processing times by as much as 60%. Businesses are now widely automating operational processes in order to drive efficiency. Jobs that involve daily admin work like data input, scheduling, and basic financial transactions are particularly vulnerable to being made redundant. However, employees can move on to higher-level jobs by focusing on tasks that require critical thinking as well as human interaction.

6. Cybersecurity analysis

Artificial intelligence tools are able to monitor network traffic, detect anomalies, and respond to threats. Nevertheless, cybersecurity remains a field in which human experience matters, particularly in dealing with complex threats and developing advanced security measures. Experts working in advanced-level fields such as AI-enabled cybersecurity, threat intelligence and ethical hacking will also continue to have bright prospects.

Conclusion

Indian businesses such as NBFCs and online marketplaces have embraced the potential of AI to lower costs and drive efficiency. However, the growth of AI in the technology sector comes with a two-fold story—both of loss of jobs and of opportunities. While some jobs, especially those of repetitive and predictable nature, can be phased out, AI is also creating new opportunities requiring advanced and hybrid skills. For Indian professionals, particularly those working in technological hubs like Bengaluru, Hyderabad, and Pune, this transformation brings both obstacles and opportunities. Employees may not only protect their employment but also thrive in an AI environment by focussing on talents that complement AI technology, such as strategic thinking, creativity, and problem-solving.

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