INFORMATIONWEEK | The IT Jobs AI Could Replace and the Ones It Could Create

The IT Jobs AI Could Replace and the Ones It Could Create
Carrie Pallardy wrote: The transformative power of AI has the potential to eliminate and create jobs in the IT field including commentary form AI technology expert, Neil Katz at EyeLevel.ai:

At a Glance

  • AI credited with cutting 3,900 jobs in May.

  • Demand for AI developers has led to salaries as high as $900,000.

  • After exploring and piloting generative AI solutions in 2023, 2024 expected to be year of AI deployment.

The tech world is abuzz with the possibilities and the perils of artificial intelligence. Among the myriad questions being asked: What does this technology mean for the IT workforce? With AI’s growing capabilities, there is concern that the answer to that question is lost jobs. Why pay a person when an AI system could do the same job faster and for far less money?

That fear is not entirely unfounded. In May, AI was credited with cutting 3,900 jobs, according to a report from outplacement firm Challenger, Gray & Christmas.

That statistic, while startling, doesn’t necessarily portend a long-term trend, a future in which IT jobs are swallowed whole by the inevitable forward march of AI systems. New technology also creates the demand for new skills and new roles.

“The job you have today in IT might not be the same job you have tomorrow in IT. But I don't think we've ever seen a shift in human technology where at the far side of it there was just less work to do,” Neil Katz, co-founder and COO of EyeLevel.ai, which helps companies to build LLM-powered applications, tells InformationWeek.

Read the remainder of the article at Informationweek.com.