2/3 of professionals believe AI will enhance their skills’ worth.

2/3 of professionals believe AI will enhance their skills' worth.

The Rise of AI: Professionals Embrace the Future with Optimism

AI

In the midst of the recent AI boom, there has been a lot of concern about whether AI will displace workers. However, a new report by Thomson Reuters reveals that many professionals are actually quite optimistic about the rise of AI. The report, titled “Generative AI & the Future of Professional Work,” surveyed 1,200 professionals in North America, South America, and the UK regarding their thoughts and experiences about AI.

Of the professionals surveyed, an astonishing 64% said they expect their professional skills to be “more highly prized” over the next five years. What’s even more interesting is that 24% of those respondents anticipate this positive change happening within the next 18 months, while 40% believe it will occur between 18 months and five years from now. This growing confidence in the value of their skills shows a strong belief in their ability to adapt and thrive in a world shaped by AI.

It’s not surprising that professionals feel this way, as there are certain attributes that AI cannot replicate as well as humans. Skills such as people skills, higher-level analysis, and thinking outside of the box are areas where humans still have the upper hand. While AI may excel at certain tasks, there will always be a need for human expertise in areas that require creativity and emotional intelligence.

AI Tools

Another interesting finding from the report is that 66% of professionals do not expect their profession to be rendered obsolete by AI. This suggests that they have faith in their ability to adapt and evolve alongside AI technologies. While it is true that certain jobs may be automated, the majority of professionals believe that their unique skills and expertise are indispensable.

Interestingly, the professionals surveyed expressed a greater fear of compromised accuracy (25%) from AI rather than job loss (19%). Their concerns primarily surrounded the use of AI, such as chat tools, for research, where users may take the AI-generated results at face value without realizing their potential inaccuracies. This can lead to the spread of misinformation and false understandings of various issues. As one lawyer respondent pointed out, clients relying solely on AI-generated research may have a skewed perception of their case, highlighting the need for human evaluation and additional guardrails to improve accuracy and reliability of AI models.

New Career Paths

Lastly, the report reveals that 68% of respondents anticipate an increase in work being done by individuals without traditional qualifications. This speaks to the expanding opportunities for non-traditional professionals and the potential for AI to transform the workforce by creating new career paths. Tasks that were previously handled by professionals with advanced degrees, such as JDs or CPAs, could now be shifted to employees with professional licensure, like paralegals or junior professionals, who can effectively leverage AI tools to enhance their productivity and decision-making capabilities.

In fact, we have already witnessed the emergence of new roles that did not exist before. Prompt writing, for example, has become a sought-after skill as individuals are paid to develop prompt inputs for chatbots to meet business goals. This highlights the dynamic and ever-evolving nature of the job market as AI continues to reshape industries, opening up exciting opportunities for individuals with diverse backgrounds and skillsets.

As professionals embrace the rise of AI, it is clear that they are not only optimistic about the future but also recognize the unique value that human expertise brings to the table. While AI undoubtedly has its benefits, such as increased efficiency and accuracy, it is important to strike a balance between the power of AI and the irreplaceable qualities of human intelligence. Through careful evaluation, continued innovation, and the integration of AI technologies, professionals can navigate this new era of AI with confidence and seize the many opportunities it presents.


Note: The original article did not provide images for the second and third figures. Please insert relevant images as needed.