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The podcast discusses the effects of AI on the job market. It explains that AI includes reactive machines and limited memory machines. To adapt to AI, lifelong learning, developing soft skills, and specializing in niche fields are recommended. Jobs like assistants, receptionists, and customer service roles are expected to be the first to be replaced by AI. Driving jobs and education jobs are also discussed. AI is expected to replace around 300 million jobs in the future, but it will also create new jobs like trainers, explainers, and sustainers. It is important to prepare for the impact of AI on the job market. What's going on guys, welcome back to the COM300 podcast. My name is Corey and I'm joined by Mohamed, Owen and Cole. Today we will be discussing the effects AI has on the job market. This podcast is important because AI is becoming more integrated within our society every day. Alright, so what is AI? According to my questionnaire article, it is the theory and discipline of programming computer systems to learn from and spot patterns in data sets. These algorithms and models perform human tasks like recognizing speech or images and making decisions. The two main types of AI that we'll see in our workforce and lives are going to be reactive machines, which is just going to be one input, one output, like an assembly line robot or something that would solve an equation or something like that. Then we have limited memory machines, which is going to be able to take in an algorithm of parameters that you set as the user and then output information based off of that and be reactive to whatever you're inputting. Once you add parameters, it will react to those things as well, so that's why it's considered a learning machine. In regards to what we can do to adapt to the technology, there are a couple of things that you can do to protect yourself from being confused by AI. So according to this article from Oxford University, we can adapt to AI with lifelong learning and so learning new skills and staying up to date on interesting trends will be extremely pliable in the job market. Another thing that we can do is develop soft skills, like improving our communication and problem solving abilities. Teamwork, critical thinking, communication are all qualities that should develop and improve because AI can't replicate. Another thing that we can consider is specialization, like specializing in niche fields such as machine learning or data analytics, because these are the most protected jobs in the market. When thinking about the first jobs that are going to be replaced by AI, those are going to be jobs that include assistants, receptionists, and customer service jobs. That's simply because they're the easiest to be automated and replicated autonomously. Those jobs are also the easiest to be coded, so that's why they're going to be the first ones to go. Another thing that I found interesting was jobs that involved driving, such as truck driving, bulk across the country could be impacted by autonomous driving as well. Along with things like taxis or Ubers or autonomous driving has already started to be implemented. Yeah, so I just had a quick question about that. So, like, when you say AI will take over, like, customer service jobs, so, like, when you have to check in, say, for, like, a doctor's appointment or, like, receptionist jobs, would you have to sign in, like, through a tablet or would there be, like, a robot there that you have to give your information to? I think it would be more likely that it would be just a tablet that has AI systems in it rather than a robot. I think that would just be cheaper for the company and more functional overall. Just a follow-up question for that. With the hospitality aspect, because hospitality is a big thing when running a business, so would you think that would affect your customer service? Does it mean people would prefer talking to other people instead of talking or instead of, like, going onto a tablet and giving their information that way? Yeah, I think it definitely could affect the experience for customers because, like you said, there's not an actual human there. There's not the human element of talking to a person. I'd feel a little cold, if that makes sense. I think it would negatively affect it a little bit for sure. All right, so Owen, you probably have a lot of experience with truck driving. Can you just kind of talk about the pros and cons associated with that concept? Yeah, obviously I think some of the cons is a safety issue. I think there could be a lot of dangers with autonomous driving on the roads because obviously there's not a person behind the actual wheel. Along with this, there could be the question of what happens when they crash, if that's all. So kind of just dangers with that aspect. I think some pros are, obviously, it's more eco-friendly because the trucks are electric rather than gas. It also saves a lot of carbon emissions. Another pro could be for the companies themselves. They have an evasion of a lot more money if they wouldn't have to pay the actual truck drivers. It would all be, obviously, autonomous and they don't have somebody to pay. Yeah, so moving on from that, so looking at jobs that are hard to get replaced in the future, I mean, the first thing that comes to mind is education jobs like teachers and whatnot. Because you have teachers who kids look up to and they want to learn from, but if it's AI teaching them, there's not really a cohesion in there where the kids are not able to get the full experience and learn from an actual person instead of an actual AI mind. I found an interesting article that said that there is expected to be a 10% job growth in the education industry by 2027 according to the future job report survey. And also following up on that, another job that will absolutely be safe in the future is jobs in agriculture. And it is expected that there will be a 30% rise in agricultural professions in the coming five years according to the future jobs report. So I thought that was really interesting because, I mean, when you look at it this way, AI doesn't really have any say in agriculture or how it operates because it is all more like blue collar labor work. I know you brought up education. Do you think there's any benefits to AI in education or is there only negatives? Yeah, so I think there are a lot of benefits to AI in education, but in the end, it's not an actual person giving you a lesson on history, per se. Because, I mean, with AI, we can look at Chad GBT where we just type in a question and it answers it for us. So, I mean, we could also look at it this way, how AI is giving us the tool to learn different concepts in a different way. So, like, it can change our perspective on the question. And then, how many jobs do you think might be replaced in the future? So, according to the next forward article, there is going to be around 300 million jobs that will be replaced in the next coming years. I mean, it's kind of sad to think about, but it's just what the future is going to be like. I mean, in the next 10 years, I mean, we're not even really sure how far AI will really take off from. And so the last thing that I'd like to talk about is, will AI create new jobs? And the answer is yes. An article from the World Economic Forum discusses some potential jobs that will arise from AI. One being trainers, and those trainers can be AI developers, engineers, even scientists working to build and develop AI systems. Another job that AI will create is explainers, and those are the ones responsible for making the technology more user-friendly, so more like designers, basically. And then finally, we have sustainers. They are more like AI safety officers. They ensure that technology is compliant to the standards and regulations, or even check for the system's accuracy, and make sure it's working perfectly. All right, looks like we are just about out of time. So just to wrap up this podcast, I mean, today we were just really going in on the effects AI has on the job market, and just going off of what Mohamed said and how we can prepare for this and adapt to it, just so we are prepared for what's going to come in the next few years. Because, I mean, AI is coming, and there's nothing we can do about it, so you might as well get prepared now before it's too late. So, yeah, thank you guys for listening, and have a good day.