Artificial Intelligence and automation is changing the nature of work and the workplace arrangements. Rising implementation of AI and automation gradually reducing the low-skilled job roles and shifting the workforce landscape.
A report by McKinsey shows that with the advancement and wide application of Artificial Intelligence technology, the demand for physical skills will be reduced in different industries as robots will take care of work that required more muscles work. Also, the skills required for jobs like data input and processing, manual work will be done by machines and human workforce will be relieved for more creative and complex tasks.
Shift in Skill sets required by Industries
To operate with AI-enabled technologies organisation will need more of technological skills, analytical skills, programming language skills, critical thinking abilities and other soft skills and less of physical skills. However, some skills will remain the same such as decision-making skill, problem solving skill, interpersonal skills and cognitive skills. Also, the demand for social, emotional, negotiation and people management skill will rise.
With the changing relationship between man and machine and time spent on different skills will also be change. With the increasing use of machine and robots to complete most of the tasks, the managers will require to spent more time on supervising the machines and robots and ensures proper control on them.
How to sustain
To remain competitive, companies will require to change their workplace setting and redefine job roles, reshape work culture and retrained existing employees to elevate their skills and competencies. There will be transformation in working culture as organisation will act as learning platform for human workforce and there will be rise in cross functional and team-based work. Institutions and colleges have to collaborate with industries to develop talents with new and advance skill sets. The industry and institutions will have required to promote diversity and cross culture in their workforce. The advancement in technologies will make machines more adaptable, so human workforce will require to improve their adaptability skill to cope up with the changes and being first mover advantage.
The displacement of robots with low skilled and high competition for high-skilled candidates will increase the gap and lead to income inequality in the country. The contribution of all stakeholders and collaborative effort will have significant impact on long term sustainability of the organisation.