MG Experts’ Guide to AI

In the blink of an eye, technology has surged ahead, reshaping industries, economies, and even the very fabric of our daily lives. One of the most profound forces driving this change is artificial intelligence (AI), a field that promises to revolutionise how we work, live, and interact with the world around us. Here’s a closer look at AI’s profound influence on the future of work, featuring insights from thought leaders and practical strategies to stay ahead in this dynamic landscape…

Statistics Snapshot: By 2025, the global AI market is expected to be almost $60 billion; in 2016 it was $1.4 billion. Furthermore, AI is expected to contribute approximately $15.7 trillion to global GDP by 2030.

So, what does this mean for your career? Let’s dive into what the experts have to say!

Mark van Rijmenam, AI expert, keynote speaker & best-selling author is sharing with us his thoughts on AI and how it will affect people’s careers going forward: “Artificial Intelligence is here to stay. The development of AI is speeding up on a daily basis. With AI being developed at such speed, it is difficult to keep up with all the changes.

However, having at least a basic understanding of what AI is and what it is capable of, becomes more and more required in today’s society.

Especially because AI will affect organisation design, strategic management and corporate governance.

Every aspect will be affected by AI. Of course, many jobs will disappear, but many new jobs will also be created (jobs we cannot yet envision).

These are exciting times and organisations have to be open to drastically change their business.”

Gil Nizri, CEO & Co-Founder of DMway Analytics, highlights AI’s transformative power: “AI and ML provide a great contribution to the world and to business in general. 

The ability to alter and substitute many human-carried processes (including data science) that are less efficient with smart machines, will make a better world and better businesses. Some roles will disappear, but many new jobs will appear.”

Mario Peshev, CEO of DevriX provides a pragmatic view on AI’s effect on employment: “I feel that some people take AI too seriously – at least when it comes to job fulfilment and opportunities.  Remember chariots? Cars were introduced and with cars, professional drivers were needed, so were mechanics, engineers, producers of tyres, etc. Computers haven’t replaced secretaries or office managers; they help optimise their work and increase efficiency.

AI is already employed in practice. Its current applications facilitate personalised content and data, monitoring usage habits for applications and utilities, making guesstimates and assumptions for large statistical sets.

Yes, some jobs will disappear – and this has happened across generations for the past few millenniums. Boring, repetitive, predictable jobs will be replaced by tools and robots. 

Luckily, this moves humanity forward. And those machines require monitoring, maintenance, assembling, integration – jobs that don’t exist now and can be occupied by the first group of workers.”

James ‘MrConnectivity’ Williams, Leading Mobile Industry Expert, highlights practical benefits: “In measured amounts it’s absolutely fabulous for assisting humans with a huge range of tasks.

I have personally seen how the effectiveness of chatbots has increased dramatically in the past couple of years, driven by developments in AI. All this helps businesses of any size save money in the area of customer service – all whilst giving customers access to information they need in a faster, less intrusive manner.”

Preparing for the AI Future: Here are actionable steps to stay ahead:

  • Stay Informed: Keep up with AI trends and their impact on your industry. 
  • Upskill Continuously: Learn new skills like data analysis and machine learning. 
  • Embrace Change: Be open to new roles and responsibilities. 
  • Focus on Creativity & Critical Thinking: Develop skills that AI can’t replicate. 
  • Network & Collaborate: Connect with peers and experts to share insights.

For Businesses: Strategic planning is key:

  • Determine your AI objective: Identify how AI can enhance operations or services.
  • Identify what needs to happen to get there: Determine steps needed, from data sorting to talent acquisition.
  • Build a team: Assemble skilled individuals passionate about AI.
  • Choose an AI platform: Select AI tools based on project requirements.
  • Begin implementation: Train AI models, test with data subsets, and refine.

By understanding AI’s transformative potential and adopting a proactive approach, individuals and organizations can navigate the opportunities presented by this rapidly evolving technological landscape. The era of AI holds not only disruption but also vast possibilities for those prepared to innovate and adapt. Whether you are exploring AI as a career path, integrating it into business operations, or simply curious about its impact, now is the time to engage with AI and shape its future role in our lives.

Fancy a future in Tech? Click here for our newest roles in AI, Machine Learning and Software Engineering! 

Leave a Comment

Your email address will not be published. Required fields are marked *