Omar JabbarProject Management and Digital Transformation Consultant| OGreen IT Service Inc.Ontario, Canada
In my opinion, AI will significantly impact the job market and render many people who are not up-to-date with the latest technology obsolete.
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Will certain jobs be eliminated? Absolutely. But that doesn't mean the folks holding those jobs are out of luck so long as they are willing/able to be retrained. This is what happened with every major technology disruption.
In our specific profession, I'd expect administrative roles such as project analysts to be at much greater risk than PMs.
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Omar, my thoughts are in line with Kiron's. Certain jobs will be eliminated but I don't think it will be as significant as people think it will be. This will also be heavily dependent on the industry, for example in Construction, I don't see so much job or role elimination, on the contrary, I think AI will help everyone work more efficiently and focus on value than admin day to day tasks. The story can be different for retail for example, where cashier jobs might be eliminated.
On the other hand, and this is the part which we can control, everyone should educate themselves about AI and get ahead of the curve because the boom is just starting and utilizing AI is still in its infancy but soon I believe it will spread like fire in a wild bush and when this happens, those who are not AI literate, will be left behind. Saving Changes...
George FreemanThought Leader | Author | Architect| Florida, United States
Omar,
As the project management software/services market expands its so-called AI offerings, we will see their ROI templates focusing “more and more” on hard-dollar headcount equations (i.e., reductions) to justify their AI-based offerings.
As Kiron stated, it will most likely affect administrative project roles. Still, as they sell the efficiency side, it will undoubtedly provide reasoning to reduce the number of PMs on the payroll, as the portrayal is that PMs can focus more on process, outputs, and strategy. Hence, they will have the ability to manage more simultaneous projects, allowing the pool of PMs to be reduced.
Often those kinds of assumptions (or selling points) are based on an idealized economy. When Adam Smith wrote Wealth of Nations describing capitalism in great detail much of it assumes perfect liquidity in the labor force where people can just shift between occupations as the demand shifts. They neglect that he also said that new technologies can disrupt the balance of markets for decades or centuries.
It's the same with people promoting Lean and asserting that it merely frees people up to do more productive things, and neglects that many companies are actively looking for ways to reduce their labor costs, not just make them more productive.
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1 reply by Scott Hale
Mar 29, 2024 9:19 AM
Scott Hale
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Keith, this is a very astute point of view, and truth be told, AI will certainly eliminate and/or reduce headcounts in many areas.
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Amit JainProgram Manager| BarclaysPune, Maharastra, India
Omar,
While AI can eliminate some kind of jobs, it will also lead to generation to some other kind of jobs like prompt engineers. A couple of decades ago when computers were making the way in the market, it was feared that they will eat up all the jobs. However what we see now is quite different. The Computers generated more jobs than those of eliminated.
In my opinion, the AI will change the type of jobs, but it may not reduce the jobs significantly. of-course the professionals have to upgrade themselves to learn new skills. Saving Changes...
Omar, As Kiron highlighted it is the case with every technology. I concur with Amit that with job elimination, there would be job transformation and new job creation that do not exist yet. 20 years ago there was no job with title "Influencer", yet today we see people pursing social media influencing as full time job, amalgamation of statistics and computer science lead to creation job title "Data Scientists". However, many people say this Industrial Revolution is unlike past industrial revolution and its impact would far greater than we might expect.
Not the fittest but the most adaptable species will survive. Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
Something obvious: AI is a boarder term, it is not generative AI only. This debate is outside there from almost 30 years ago. In the last 10 years institutions like the MIT have published real data on the matter based on 3-5 years of investigation. The data is not showing a reduction of work force because the AI except for some type of work. I wrote "reduction" because in AI you always must keep "human in the loop". If you take the global number then you will find an increase because new roles are needed. For example, if you implement generative AI into an organization, a new business unit has to be created including into it not only technical people but roles like lawyers, inclusion and diversity specialist, linguistic specialist, etc, etc Saving Changes...
Harish RanganathaPgMP coach and Program Manager Consultant| ACEPROBangalore, Kar., India
Any industry transformations are basic changes, which means many jobs will become redundant and new jobs will be created. A new tech also opens up new business opportunities, which in-turn generate more jobs.
It is always important for anyone to adapt to new skills and technology and stay relevant—or go off! as Changes are ruthless. Saving Changes...
Mukesh ChitrodaIT Systems Engineer| OracleCalgary, Alberta, Canada
Just as the rise of machines supplemented human muscle power enabling more things to be done faster and better along with giving rise to vast new industries and jobs, so will AI. AI will support human brain power in those domains where it can carry out tasks faster, better, cheaper, while also taking into account larger deeper set of data and information into account. Humans can't match that rate of information absorption and analysis. (we are a ways away from transplanting NVIDIA chip to co-exist with human brains ;-) Roles will be transformed and also eliminated. However millions of new roles not yet envisaged will arise. The world needs more Intelligence, not less Saving Changes...
Scott HaleCIO| Spearmint Rhino WorldwideAnaheim Hills, Ca, United States
Mar 26, 2024 6:08 PM
Replying to Keith Novak
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Often those kinds of assumptions (or selling points) are based on an idealized economy. When Adam Smith wrote Wealth of Nations describing capitalism in great detail much of it assumes perfect liquidity in the labor force where people can just shift between occupations as the demand shifts. They neglect that he also said that new technologies can disrupt the balance of markets for decades or centuries.
It's the same with people promoting Lean and asserting that it merely frees people up to do more productive things, and neglects that many companies are actively looking for ways to reduce their labor costs, not just make them more productive.
Keith, this is a very astute point of view, and truth be told, AI will certainly eliminate and/or reduce headcounts in many areas. Saving Changes...
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