Artificial intelligence threatens 8 million posts in the UK

The Institute of Public Policy Research has warned that about 8 million UK employees are at risk of losing their jobs due to artificial intelligence under the current government policy. The research center explained in a report published today that artificial intelligence actually affects 11% of the tasks performed by employees in the UK, a number that can rise to about 60% as businesses merge this technology more. Jobs are part -time, beginners and internal business functions similar to the most vulnerable customer service, but high wage opportunities will be affected in a growing way. The government is on artificial intelligence. The results are highlighted by the problems the government is facing, as it is increasingly bet on artificial intelligence to treat the problem of poor productivity in the UK. In all areas, businesses use artificial intelligence technology to increase efficiency, while British Secretary of Treasury Jeremy Hunt announced an 800 million pound investment (one billion dollars) in technology and artificial intelligence to support public sector productivity. “The artificial obstetricy intelligence that actually exists can lead to major disorders in the labor market, or it can increase economic growth in a major way, and in both cases it is likely that it would be a radical turning point for millions of us.” He added: “The issue of undermining jobs is not inevitable, as the government, business owners and trade unions have the opportunity to make decisions that allows the acceptance of an important strategy that guarantees that we manage this new technology in a good way. If they do not take action soon.” In its special report published in November last year, the government acknowledged that artificial intelligence affects jobs in financing and insurance sectors. Universities and business owners have asked to give workers the skills they need to adapt to changes. The impact of the ‘second wave’ on the labor market indicated the report of the Institute of Public Policy Research that the government’s policy would be the difference between job loss and economic growth in the context of the use of artificial intelligence. By developing a model for the potential impact of the ‘second wave’ of the adoption of artificial intelligence on the labor market, the Institute of Public Policy Research found that technology can contribute to 306 billion pounds on the UK economy annually without any loss of work in the best scenarios, depending on the application of certain government policies. Artificial intelligence can also increase wages by up to 30%. Without any changes in government policy, the researchers estimated that artificial intelligence would undermine 8 million jobs without achieving economic profits. A separate research from the LinkedIn platform has shown that Britain is behind the knees of India, the United States, Germany, Canada and Israel about the skills of artificial intelligence. This is due to the fact that less than half of British companies invest in improving their workers’ skills, according to Janine Chamberlain, the local director of the UK that specializes in the social media platform that focuses on employment. 32 out of 10,000 members of the LinkedIn platform have the British skills of artificial intelligence, including machine learning or instruction formulation engineering. Chamberlain explained through an interview in London that even with this number has doubled since 2016, it remains ‘relatively small’. The biggest losers can probably be the risk of exclusion due to artificial intelligence. Women are inappropriate in service in the tasks most affected by this technology, while businesses can use a lesser number of newly graduated graduates and use their dependence on artificial intelligence to perform beginners tasks. The Institute for Public Policy Research indicates that the government must develop the strategy for artificial intelligence in the industrial field to support the transformation of jobs and distribute automation gains through the economy, instead of the exclusivity of some businesses in it. Recommendations include providing financial incentives to increase jobs instead of removing them, making organizational changes and supporting less automatic green positions. Chamberlain concluded: “It has traditionally been seen in the investment in the development of skills within any organization as a good thing, while the merger of the obstetric intelligence is now needed. It is related to any organization to identify the skills I have, identify the skills I need and the way to overcome this gap, and the same is the same.”