There is enormous concern about machine learning and AI replacing human workers. However, according to several economists, and also according to past experience ranging back all the way to the industrial revolution of the 18th century (which caused major distress at the time), the replacement of human workers is not permanent but there will be new jobs to replace the replaced jobs (as postulated by the Schumpeterian hypothesis). In this post, I will briefly share some ideas on what jobs are relatively safe from AI, and how should an individual member of the workforce increase his or her chances of being competitive in the job market of the future.
“Insofar as they are economic problems at all, the world’s problems in this generation and the next are problems of scarcity, not of intolerable abundance. The bogeyman of automation consumes worrying capacity that should be saved for real problems . . .” -Herbert Simon, 1966
What jobs are safe from AI?
The ones involving:
- creativity – machine can ”draw” and ”compose” but it can’t develop a business plan.
- interpretation – even in law which is codified in most countries, lawyers use judgment and interpretation. Cannot be replaced as it currently stands.
- transaction costs – robots could conduct a surgery and even evaluate before that if a surgery is needed, but in between you need people to explain things, to prepare the patients, etc. Most service chains require a lot of mobility and communication, i.e. transaction costs, that are to be handled by people.
How to avoid losing your job to AI?
Make sure your skills are complementary to automation, not substitute of it. For example, if you have great copywriting skills, there was actually never a better time to be a marketer, as digital platforms enable you to reach all the audiences with a few clicks. The machine cannot write compelling ads, so your skills are complementary. The increased automation does not reduce the need for creativity; it amplifies it.
If the machine would learn to be creative in a meaningful way (which is far far away, realistically speaking), then you’d do some other complementary task.
The point is: there is always some part of the process you can complement.
Fear not. Machines will not take all human jobs because not all human jobs exist yet. Machines and software will take care of some parts of service chains, even to a great extent but in fact that will enhance the functioning of the whole chain, and also that of human labor (consider the amplification example of online copywriting). New jobs that we still cannot vision will be created, as needs and human imagination keep evolving.
The answer is in creative destruction: People won’t stop coming up with things to offer because of machines. And other people won’t stop wanting those things because of machines. Jobs will remain also in the era of AI. The key is not to complain about someone taking your job, but to think of other things to offer, and develop your personal competences accordingly. Even if you won’t, the next guy will. There’s no stopping creativity.
- Scherer, F. M. (1986). Innovation and Growth: Schumpeterian Perspectives (MIT Press Books). The MIT Press.
- David, H. (2015). Why are there still so many jobs? The history and future of workplace automation. The Journal of Economic Perspectives, 29(3), 3–30.