It’s becoming a cliché: If AI doesn’t make your job or business obsolete, the people who know how to use it as a tool will.
Goldman Sachs predicts that AI will eliminate 25% of jobs in the not-so-distant future. McKinsey foresees half of jobs disappearing by 2055. And last month, JP Morgan’s AI cash flow management tool reduced the need for manual (read: human) work by a staggering 90%.
Young people are understandably concerned about whether their college degrees will still hold any value. The University of Pennsylvania is even rolling out a Bachelor of Science in Engineering in Artificial Intelligence this fall to prepare students “for jobs that don’t yet exist.”
So, is learning AI the only way to future-proof your career? Not necessarily.
For all the hype, AI-related job postings have declined since a 2022 hiring spree. According to a U.S. Census Bureau survey late last year, “While it may seem like AI is everywhere … only an estimated 3.9% of businesses used AI to produce goods or services.”
Over on LinkedIn, 45% of all Premium jobs request applicants have strong communication skills. Top-sought skills in the World Economic Forum’s latest Future of Jobs Report include creativity, resilience, flexibility, agility, motivation, self-awareness, and emotional intelligence.
“The number of jobs in soft-skill intensive occupations is expected to grow at 2.5 times the rate of jobs in other occupations,” Deloitte explains.
On the day that ChatGPT learns those soft skills, we’ll all need to worry about our hireability. There may even be a “Fifth Industrial Revolution”, when humanity and AI work fully together, pairing its pattern recognition with our social intelligence to create entirely new kinds of jobs.
In the meantime, you can probably relax about the singularity … or apply for UPenn’s AI degree, anyway.