According to recent data sourced from the International Labor Organization and the website 'Will robots take my job', certain countries will be more heavily affected by job automation driven by artificial intelligence (AI). In the Middle East region, Iran, Jordan, and Egypt are predicted to face the greatest impact, while Bhutan, Pakistan, and India are highlighted in the Asian region. These countries, with their large populations, will need to focus on upskilling their workforce to adapt to the changing landscape of jobs in the era of new-age technologies.
The potential consequences of AI automation have raised concerns globally, with estimates suggesting that AI could render 300 million workers jobless. In fact, a significant 64 percent of the worldwide workforce is deemed to be at risk of AI automation. This necessitates proactive measures by governments and organizations to equip their workforce with the skills needed for emerging roles.
The deployment of AI in various industries is also gaining momentum in the United Arab Emirates (UAE) and other Gulf countries, where companies are increasingly adopting automation to streamline processes and improve efficiency. Solutions that offer end-to-end visibility and automation are particularly sought after in these regions. Osama, CTO of Cisco Middle East and Africa, emphasizes the role of the network in digital transformation and its significance in meeting evolving needs and IT priorities. With security, agility, and business performance taking precedence, organizations are shifting their focus from cost and network management to these key concerns.
Within the financial sector, Saudi Arabia's Bank Al Jazeera has leveraged cloud-native AI system Automation Anywhere to enhance operational efficiency and cost-effectiveness. The deployment of smart automation has allowed the bank to optimize manual work and empower employees to deliver greater value to customers. Faisal Al Rashoudi, the head of automation and robotics at Bank Al Jazeera, acknowledges the support received from internal state authorities in complying with regulatory requirements during their digital expansion journey. This highlights the increasing trend among banks to embrace intelligent automation as a response to various complexities, such as changing regulations and digital security threats.
Taking a global perspective, the countries most likely to be affected by AI automation include Zambia, Bhutan, Angola, Armenia, and Pakistan, while Singapore, Panama, Slovakia, Botswana, and Trinidad and Tobago are expected to experience less impact. With nearly two-thirds of the worldwide workforce at risk, it is crucial for governments, businesses, and individuals to adapt and acquire the necessary skills to thrive in an automated world.
The potential benefits of AI automation cannot be overlooked, as it has the capacity to enhance productivity, efficiency, and innovation. However, the widespread adoption of AI also calls for a comprehensive approach that addresses the social and economic implications, including potential job displacement. It is essential to foster a culture of lifelong learning and upskilling, ensuring that individuals are equipped to leverage the opportunities presented by AI and contribute to the evolving job market.
In conclusion, the impact of AI automation on employment varies across countries, with Iran, Jordan, Egypt, Bhutan, Pakistan, and India among those facing significant challenges. These nations must prioritize workforce development, upskilling, initiatives to navigate the changing nature of work. Governments, organizations, and individuals must work together to ensure a smooth transition, harnessing the potential of AI while mitigating any adverse effects on employment.
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