The EU directive governing artificial intelligence will also protect employees' jobs. However, those who have jobs based on repetitive tasks are in danger of being replaced, recently warned the International Monetary Fund (IMF).
Artificial intelligence can only replace robotic work – Photo Shutterstock
“I would say that at the moment AI is not smart enough to replace decision makers in companies. AI can execute, write a text, do an analysis, give some information, but that information still needs to be validated by humans. In fact, AI is helping to replace robotic work, and the benefit is that people will be able to focus on being creative“, explained Alex Panait, cyber security expert.
For his part, Ionuț Budișteanu, an expert in artificial intelligence, sets an example for translators. “AI stuff isn't all that new, some people may have lost their jobs, but that hasn't meant the complete disappearance of some jobs. For example, even though the demand for translations has decreased due to the advent of translation software, this has not caused the disappearance of certified translators. At the moment, these AI models have quite limited applications, we don't have a fantastic AI innovation, but rather a technology innovation. Most people's jobs will be safe“, he clarified.
“AI is like a tool, it has no consciousness of its own. We don't have to fear being replaced“, emphasizes Alexandru Panait.
Recently, the International Monetary Fund warned that nearly 40% of jobs worldwide could be affected by the development of artificial intelligence (AI), which could exacerbate inequalities, according to CNN. While more and more people, 60% to be exact, fear that they will be replaced by AI, experts assure that the danger is not so great.
A research by Accenture suggests that 60% of employees are worried that AI could replace them considering that 95% of employees in global companies appreciate the usefulness of Generative Artificial Intelligence.
Thus, the head of the IMF, Kristalina Georgieva, recommended that governments around the world offer retraining programs to counter the impact of artificial intelligence.
“In most scenarios, AI will likely exacerbate overall inequality, a worrying trend that policymakers must proactively address to prevent technology from further fueling social tensions“, Kristalina Georgieva said last month, according to CNN.
The effects will be felt especially in developed economies, warns the head of the IMF, because up to 60% of jobs could be affected by AI.
On the other hand, a recent study conducted by an American university showed that AI cannot replace most employees in terms of cost/efficiency ratio.