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Aside from the beautiful ways in which Artificial Intelligence and other breakthroughs are assisting people, they are also slowly eliminating the roles of consumers. Smart technologies and Artificial Intelligence (AI) will threaten vocations, including cashiers, data entry clerks, and bank tellers, and many jobs AI may replace, according to research from the World Economic Forum (WEF). These jobs might be optional for five years. The statistics were derived from a survey of 803 organizations planning to use Big Data, AI, and Cloud Computing technologies.
According to World Economic Forum Managing Director Saadia Zahidi, "The past three years have been filled with upheaval and uncertainty for people around the world, with COVID-19, geopolitical and Economic changes, as well as the quick development of AI and other technology, run the danger of creating additional uncertainty."
Since online banking has become so popular all over the world, many physical bank branches have become useless. The shutdown of banks as a result has placed the jobs of bank tellers and associated staff in danger. According to the report, there could be a 40% decline in these positions by the end of this decade.
According to the report, the demand for postal service clerks, cashier and ticket office clerks, and data entry staff is also decreasing as a result of automation, sensor technologies, and online services' high interest and growth. The preferred source says that such jobs could see a decay by more than a third in the following five years.
"The largest employment losses will be among data clerks, where 8 million job losses are anticipated over the following five years. Accounting, bookkeeping, and patrol clerks are the next group, followed by administrative and executive secretaries. According to the study Future of Jobs 2023, "These three occupations together account for more than half of the total expected job destruction."
"Experts in autonomous and electric vehicles are in high demand, topping the list of most popular jobs for 2023, with over 40% growth expected in the next five years. According to the survey, employment growth for those working in environmental protection was predicted to expand by 35% during that period, closely followed by job growth for those working in artificial intelligence and machine learning."
We could get to see more than a 30% development rate in jobs like trained professionals, fintech engineers, and a few expert jobs – including business, data security, and information – along with information researchers. In addition, between 2023 and 2027, approximately 2 million new jobs will be created in fields such as bus and heavy truck drivers, vocational education teachers, and mechanics and machinery repairers.
