New industries emerge as a result of AI

If you asked somebody who worked 15 years ago if they’d heard of a job title like’social media marketing manager,’ they’d probably say no, but if you asked what social media was or what it stood for, they’d probably say yes.

If you told someone that a corporation named “Facebook” would emerge from social media with yearly revenues exceeding $50 billion, they would probably call you nuts.

However, in recent years, these have become some of the world’s most powerful corporations. AI is partly or entirely to blame for the rapid and dramatic rise.

According to Forbes, AI will generate over 58 million new employment by 2022.

Now, if we consider two reports of CNBC & Forbes and compare their forecasts, 2.3 million jobs to 58 million jobs from 2020 to 2022, it’s difficult to see how AI could ever completely replace people.

Further you are required to think about the ramifications for your job.

Is there really enough talent in the business to fill all of the new positions that will be created as a result of the advancements?

Consider the cost to businesses of upskilling present employees, as well as what will be required of the educational system as a result to prepare people for these occupations once they graduate from high school and university.

Some industry professionals and journalists believe we’ve only seen the top of the iceberg.

With so many new businesses, industries, and career opportunities sprouting merely from what we have now, it will be fascinating to see what new businesses, industries, and career opportunities emerge 10, 15, and 20 years from now.

Because this is such a hot issue of discussion, there’s even a dedicated website called “Will Robots Take My Job” where they examine numerous reasons for and against. If this is a topic that interests you, we urge that you check it out

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