By clicking "Sign Up", you acknowledge and agree to our Terms of Service and Privacy Policy. You can choose to opt-out at any time by visiting our Preferences page or clicking "unsubscribe" at the bottom of our emails. Access your personalized feed on the go by downloading our app. Sign up now to receive daily updates on the latest news in markets, tech, and business. Read a preview. The phrase "AI won't take your job, it's somebody using AI that will take your job" was shared by economist Richard Baldwin at the 2023 World Economic Forum's Growth Summit. This concept highlights that AI is not meant to replace humans, but rather provide an advantage to those who embrace it in the workforce. Since Baldwin's statement, interest in AI has continued to grow. According to a recent survey by Bain & Company, 85% of companies consider adopting AI a top priority. As companies incorporate AI and restructure their workforce, the question remains whether AI is a job killer or an enhancer.

Experts suggest that AI is still in its early stages and is more beneficial in assisting human workers rather than replacing them. AI helps automate repetitive tasks, freeing up time for upskilling and more impactful work. Studies have shown that AI increases productivity and even helps workers land jobs. However, it's inevitable that some jobs will be replaced by AI, particularly in roles such as HR, customer service, and creative industries. To adapt to the changing landscape, it's essential to develop human soft skills and continually learn new skills. AI proficiency is increasingly becoming a prerequisite for certain job positions. Therefore, staying updated with AI tools and technologies can enhance career prospects. In conclusion, while AI has the potential to impact job roles, it is still primarily a tool that assists humans in their work, rather than replacing them entirely.