Data Scientist discusses job prospects in the age of artificial intelligence
Newswise – Maybe 2021 hasn’t quite reached the reality depicted in Blade runner, Ridley Scott’s sci-fi film about bioengineered humans, but there is no denying that robots and other forms of artificial intelligence (AI) are increasingly finding their place in the world and At work.
Recent labor shortages and higher labor costs have resulted in more automated jobs, including service jobs and professional jobs once considered secure. Predictions are mixed on job losses in the future, although the World Economic Forum (WEF) concluded in a 2020 report that “a new generation of intelligent machines, fueled by rapid advances in intelligence artificial and robotics, could potentially replace much of the existing human resources.
Joaquin Carbonara, professor of mathematics at Buffalo State College, weighed in on the effect of AI on the job market today and in the future.
What is driving this trend?
So many facets of AI, including translators, facial recognition software, and self-driving cars, are now available through just one kind of raw material: data. It is the gold of our time.
All the revolutions we have been through, agricultural, industrial and now informational, are based on technology and have forced a realignment of everyday life. When the Model T was invented, horse sellers lost their jobs. When Hollywood introduced sound in the late 1920s, mute actors with horrid voices lost their jobs. Today’s realignment creates the opportunity to do things differently, more efficiently, and sometimes better.
Look at blockchain technology. It is also referred to as Distributed Ledger Technology (DLT). Blockchain stores encrypted blocks of data and then chains them together. It makes the history of any digital asset unalterable and transparent and ensures that a document is correct. When you buy a house, for example, you pay a lot of people to make sure everything is in place. With cryptography, all documents are completed accurately in one go. It’s faster and cheaper for the consumer.
What jobs do robots have?
Manufacturing work has been automated for a long time. Now, these are information-related jobs – accounting, invoicing, purchasing, etc. Our world is based on paperwork, and there is so much waste. Bots can improve the flow of information and track things accurately.
However, robots are not independent. They can perform mechanical tasks over and over again, but they cannot yet explain the reasons for these tasks. Humans are still needed to create the technology and make sure it works as intended.
But without further training, there is a segment of the workforce that will be unemployable. A 2020 study reported in TIME The magazine estimates that around 400,000 jobs were lost due to automation in US factories from 1990 to 2007. In addition, the United States cut around 40 million jobs at the height of the coronavirus pandemic. , and although some jobs have returned, some will never return.
Does AI create jobs?
All departments, manufacturing, entertainment, research and development, government and nonprofit organizations and businesses create data analytics departments to process data (collect, clean, transform, model and visualize) for accountability purposes, business planning, forecasting and decision making. manufacturing.
In Buffalo’s 43 North competition in late October, the chief information officer of M&T Bank said the United States has about 2 million tech / data analytics jobs than the economy current has not been able to fill.
Is addiction to AI dangerous for society?
One AI tool considered dangerous is generative pre-training (GPT). This is deep machine learning based on technology that mimics the brain. Experts have predicted that GPT is so powerful that it can be misused by everyone from politicians to news outlets. One example is the automation of news summaries by the media. Automation removes the human from the process, and titles can be given a one-sided or negative slant.
Plus, the next step in machine learning is prescriptive, which means humans aren’t part of the final decision. For self-driving cars, it protects us from bad drivers. But when you apply for a job online, a robot decides whether you are accepted or rejected for an interview. AI can also essentially lay off workers. A school district in Washington, DC, fired 206 teachers in one day in 2011, in part because of performance standards set by AI algorithms.
What is the advantage of AI?
I believe that the information revolution will correct many mistakes of the past. During the industrial revolution, there was a single model for most goods and services. Now everything is more specialized and tailor-made, from food to clothing to entertainment.
Plus, humans have been very good at messing things up, especially the environment. With increased technology and AI, we can minimize our carbon footprint while maximizing benefits in an era of exponential growth in wealth.
Originally from Venezuela, Joaquin Carbonara joined the faculty of Buffalo State College in 1992 after receiving his doctorate in mathematics from the University of California, San Diego. He coordinates the Buffalo State Interdisciplinary Data Science and Analysis Unit and directs the Masters in Data Science and Analysis program. He has published peer-reviewed papers in the fields of fractals, combinatorics, geoinformatics, biophysics, materials science, and data science, and has received over $ 1 million from grants from the National Science Foundation.