In parallel with the great changes of globalization, the computational revolution of Artificial Intelligence is gradually emerging as one of the great technological leaps in history, opening up the prospect of profound transformations in the way companies have dealt with this advance.
In order to analyze the impact of AI on careers and the new global business landscape, we jointly produced a report on the new global business landscape with our international partner institutions. Check out a summary below.
AI Impacts
The impact of AI on careers is transforming the labor market in a comprehensive way, with the generation of new jobs and changing demands. Artificial Intelligence has the potential to generate positive and negative impacts on the future of globalization. Below is a summary of the main ones.
Positive impacts
AI’s impact on careers has the power to automate tasks that are considered repetitive and routine, helping to free up workers to focus on more complex activities.
Artificial Intelligence can help corporations increase their productivity, reducing costs and time. In addition, it can be used to improve decision making by providing insights and analysis.
In addition, the impact of AI on careers has generated significant transformations in the creation of new jobs in areas such as data science and software engineering, fields in which Artificial Intelligence has great potential to be studied and increasingly expanded.
Negative impacts
On the other hand, experts are concerned about the negative impacts of a rampant development of Artificial Intelligence.
This is mainly because AI can lead to higher unemployment rates in areas that are highly automatable.
In addition, the development of AI can be a factor in increasing inequalities, concentrating power in the hands of large companies, which are able to implement new technologies and get ahead of the competition.
Not to mention the ethical and moral discussions about the autonomy of AIs and the loss of human control over issues related to our development as a society.
How should companies act in the face of the impacts of Artificial Intelligence?
Although there is no final answer to this question, the first step revolves around defining what the company’s goals are when adopting Artificial Intelligence measures. Next, you need to identify the opportunities for your application.
To continue, the step of choosing the appropriate Artificial Intelligence technologies is reached, as well as defining a management plan for its technical and cultural implementation within the business.
Conclusion
The impact of AI on careers is a complex and multifaceted topic that generates both optimism and caution. While the automation of routine tasks and the creation of new opportunities in innovation fields are reasons for optimism, the possibility of unemployment and the concentration of power in the hands of large companies raise serious social and ethical issues.
Faced with this complex landscape, companies must adopt strategic approaches, outlining their objectives, identifying opportunities and implementing AI technologies carefully. It’s critical to keep up with trends and prepare for the changes AI will inevitably bring to the world of work. After all, Artificial Intelligence is a powerful tool that, when used wisely, has the potential to enrich our society and our careers in unpredictable but positive ways.
To understand more about this landscape that impacts globalization and what trends will shape the future, take part in Global Management Week 2023, which will take place on September 26, 27 and 28, where we will discuss Climate Change, Artificial Intelligence and the Future of Globalization. Sign up here.