AI in Business Quillbee Expert Commentary August 30 2023

The Era of AI Transformation

The rise of AI is set to reshape our world in ways we haven’t quite seen before. According to Goldman Sachs, it may disrupt over 300 million jobs worldwide. Alarming? Perhaps. But we need to consider the entire picture. As noted in this Business Insider article, “AI is going to eliminate way more jobs than anyone realizes“, the AI revolution is reminiscent of the Industrial Revolution and the rise of the internet, both of which fundamentally transformed their epochs.

While some jobs will undoubtedly disappear, AI is also poised to create many new roles. Moreover, it’s predicted to contribute a staggering $17 trillion to $26 trillion to the global economy in the coming years. This isn’t just about replacing old jobs; it’s about unlocking a new engine of creation and growth.

This era of AI transformation can be an enormous opportunity for all of us, but it also necessitates some serious adaptation. Governments, businesses, and individuals must invest time and resources in understanding and adapting to these changes.

AI’s challenge is unlike other technological leaps we’ve faced as a society. To draw an analogy to surfing, we can’t stop the wave, but if we learn how to surf, we can harness its power. It’s about finding our balance and direction amidst this change, rather than being swept away. So let’s get prepared, lean in, and make the most of the AI revolution.

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