Part 10/12:
Despite the doom-and-gloom headlines, the truth is that AI’s role in job displacement is likely to be overstated in the short term. Most of the current AI systems are limited—more akin to advanced calculators than sentient entities—and will primarily serve as productivity tools to augment skilled workers rather than replace them wholesale.
Experts predict that the current bubble will burst in the next year or two, leading to a plateau where AI becomes a supporting tool rather than a revolutionary disruptor. Companies may then recognize the value of human expertise, especially in creative and strategic roles, and begin rehiring appropriately. However, significant disruption is inevitable in the smaller, low-skilled job sectors that are easiest to automate.