June 2, 2024

How AI is Shaping the Future of IT labour market?

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ChatGPT has ignited a debate about how artificial intelligence will begin replacing human workers across different sectors, potentially leading to the disappearance of various professions. While industrial automation is already well-established, there is still some uncertainty among experts regarding AI’s impact on the IT job market. In this article, we will explore how AI is currently utilized in the IT sector and examine its potential future role.

 

How Will Artificial Intelligence Impact the Job Market?

Recent research suggests that AI could affect up to 300 million jobs. This technology is expected to increase global GDP by 7% in the coming years while simultaneously causing disruptions in the workforce. The rise of automation and robotic systems will inevitably bring about a shift in the workforce. AI can replace human labor in many repetitive and time-consuming tasks, resulting in higher productivity and efficiency, as well as cost reductions.

Experts from Personnel Service have compiled a list of professions that are likely to be fully or largely automated in the near future. These include:

  • Retail cashiers and sales attendants
  • Customer service representatives and telemarketers
  • Manufacturing and assembly workers

Although software developers and other IT specialists weren’t listed, the study suggests that roles like data analysts and statisticians may eventually face challenges as well.

While these developments might worry workers across various industries, it’s important to remember that AI also brings enormous potential. While some jobs will become obsolete, many new roles will emerge. The job market is always evolving, and the IT sector, in particular, holds the most significant potential.

 

The Role of Artificial Intelligence in the IT Industry

In the IT sector, AI is already being used to reduce employee workloads, resulting in time and cost savings. Systems like DeepCoder, which can generate software and applications by reusing existing code fragments, and AI tools that analyze code and find and fix errors, are becoming increasingly common.

Additionally, AI is enhancing the quality of code by automating some of the development process. This allows programmers to focus more on project management and oversight, which is vital as developers are involved in almost every stage of implementation. As a result, soft skills, such as teamwork and business acumen, have become especially valuable.

 

Benefits of AI in the IT Industry

AI technologies offer numerous benefits to the IT sector, including:

  • Improving operational efficiency
  • Enhancing the quality of services and products
  • Boosting profitability
  • Reducing costs
  • Saving time
  • Increasing security (e.g., data protection algorithms)
  • Minimizing errors and delays

 

Will AI Replace Software Developers?

In the past, software developers only needed basic technical skills to secure well-paying jobs. However, according to recent reports, AI could push many specialists out of the market. This is because bots and algorithms can already perform the same tasks more quickly and at a lower cost. Yet, a future where IT professionals are entirely replaced still seems distant.

The developers most at risk are those responsible for writing simple scripts and code. Even if they possess strong technical skills, it is crucial for them to specialize in a specific area (such as AI) and continually develop their soft skills. IT work has always required continuous learning, and this trend will persist. Developers must consistently expand their knowledge and acquire new skills, as their expertise is always being tested in the labor market. Therefore, focusing on AI-related skills is a logical next step.

Experts emphasize that the question is not whether AI will disrupt the job market, but when. However, it’s important to remember that AI is created and managed by humans. It still operates based on patterns and requires human oversight. Therefore, there will likely be ongoing demand for skilled employees who are creative and possess strong team management abilities.

 

What Does the Future Hold for AI in the IT Sector?

In the past two years, the use of AI has grown substantially, largely driven by the rapid digitization accelerated by the pandemic. The debate surrounding AI’s future in the labor market remains divided among business leaders, especially in the IT sector. However, experts agree that as AI becomes more widespread, significant economic and social changes will occur. As AI processes increasingly take over replaceable tasks, many jobs in certain fields may be lost, and this trend is expected to continue.

On the other hand, specialists in artificial intelligence, machine learning, and natural language processing will be in high demand. Adapting to this evolving reality will be key to success.

AI solutions have become the new standard for development, creating many job opportunities in this growing market. Some experts also argue that AI could help address labor shortages, which have been a concern for employers in recent years. By reducing the number of positions needed, companies can focus on hiring highly skilled specialists who can make a significant impact across the organization.

In this fast-changing world, employers must create an environment that supports development while ensuring human involvement remains a vital part of the process.