AI: Future Impact on employment and redundancy

While the increasing development of AI technology has significant implications for employment opportunities with many job roles becoming redundant, it can also improve efficiency and productivity for many businesses.

The Organisation for Economic Co-operation and Development has found that around 27% of jobs across its 38 member states (including the UK) may be put at risk due to AI-driven automation. These jobs were typically highly skilled positions. These highly skilled positions include culture, science, engineering, and business occupations. AI breakthroughs such as the invention of ChatGPT, can now produce outputs that are indistinguishable from that of humans. 

However, this does not necessarily mean that the job market is due to crash any time soon. Employers working with AI tools will have the opportunity to reskill or upskill their workforce to help them acquire the necessary skills to work with AI technology. 

Therefore, the workforce may need only to see a change rather than a decrease. The monotonous and boring tasks that make up a large percentage of many job roles could face automation, leaving the employees to take up more interesting, diverse, and higher-skilled tasks instead. It is arguable that human judgment must remain a vital part of the developing technology journey to avoid error and bias. 

AI tools like ChatGPT are far from perfection. It can still make basic mathematical errors and generate misinformation. However, as the technology develops it is vital that employers reskill their workforce to work alongside AI as a vital tool in increasing efficiency, not as a replacement for human workforces.

If you are concerned about your role being made redundant due to newly developing technology or if you have any other employment law matter, Magara Law is here to help. 

Call the specialist employment lawyer  

Magara law is an employment law firm in Bicester, Banbury and Paddington, London, and services clients nationwide. For more information or to speak with Roy Magara, a specialist employment lawyer at Magara Law, call 01869 325 883 or email roy@magaralaw.co.uk