Last Updated on September 20, 2023 by Robert C. Hoopes
According to a recent survey conducted in the UK, it has been found that the adoption of artificial intelligence (AI), robotics, and automation has had a significant impact on the job market. The survey, which involved over 1,000 firms, revealed that 860 of them confirmed the use of these technologies.
One of the most notable findings of the survey was that 78% of the companies reported that the adoption of AI had actually resulted in the creation of new jobs. This goes against common concerns that the implementation of technology would lead to job losses. The report further supported this, stating that technology tends to create new jobs and upskill existing ones.
Additionally, 83% of businesses stated that the use of these technologies increased the need for new skills. This emphasizes the importance of employees being adaptable and constantly upgrading their skill sets to keep up with the changing demands of the job market. Furthermore, 69% of businesses believed that the adoption of AI and automation actually improved job quality, which is another positive outcome.
However, while the report highlighted the positive effects of technology adoption, it also warned about the potential negative consequences if automation is not properly addressed. It stated that unaddressed automation could exacerbate regional inequalities and impact job quality. This suggests that while technology brings about positive change, it also has the potential to create disparities in the job market.
The impact of adopting technology on workers is said to depend on regional innovation readiness, such as education levels and investment in technology infrastructure. The report highlights the need for firms and policymakers to invest in human resource practices and augment workers’ capabilities through automation rather than replacing them entirely. This is crucial to avoid negative outcomes and ensure that technology is used to enhance job opportunities rather than hinder them.
In conclusion, the survey conducted among UK firms sheds light on the impact of adopting AI, robotics, and automation. It showcases the positive effects of technology adoption, including the creation of new jobs and improvement in job quality. However, it also emphasizes the importance of addressing automation to avoid regional inequalities and negative impacts on job quality. Firms and policymakers are urged to invest in human resource practices and ensure that workers are equipped with the necessary skills to adapt to the changing job market.