Professor Christopher Pissarides of the London School of Economics (LSE), winner of the Nobel Prize in Economics, believes that in a world dominated by artificial intelligence (AI), human resources with “empathy” and creativity will be valuable. He warned that the popularity of the younger generation is concentrated in STEM (science, technology, engineering, and mathematics) education.
Pissarides, who specializes in labor market economics, said workers in certain information technology (IT) jobs risk sowing the “seeds of self-destruction” by advancing AI that will take their jobs in the future. He said there is.
Although Pissarides is optimistic about the overall impact of AI on the job market, he worries about students taking STEM subjects to ride the wave of technological advances. Demand for STEM-related skills is currently growing rapidly, but face-to-face skills such as hospitality and healthcare will continue to dominate the job market, he said.
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There is High Demand for Health and Hospitality Workers in the UK
Vacancies in thousands
Source: Office for National Statistics
“What is needed now is the skills to collect data, collate it, develop it, and use it to advance the next generation of AI.In other words, it is the skills that make AI more suitable for jobs, and in the future when AI will replace current jobs. and make current skills obsolete,” Pissarides said in an interview. “While it is true that such job openings are increasing, there are not enough of them to fill all the students studying STEM subjects,” he explained.
“This demand for new IT skills is itself self-defeating,” he said.
Professor Christopher Pissarides of LSE
Photographer: Simon Dawson/Bloomberg
STEM subjects such as computer science are popular among students as they are expected to give them an advantage in future employment. The rapid rise of AI could completely change the skills of workers needed by making some jobs and jobs obsolete.
However, over the long term, skills such as management, creativity, and empathy are likely to remain in strong demand in areas such as communication, customer service, and healthcare. These skills are unlikely to be replaced by technology, especially AI.
“If I tell you that the majority of jobs will involve personal care, communication and social skills, you might be surprised, ‘Are these the kind of jobs that have a bright future?'” Pissarides says. “We shouldn’t look down on these jobs. They are better jobs than the ones that students used to get after finishing school,” he said.
Original title:Nobel Prize Winner Cautions on Rush Into STEM After Rise of AI(excerpt)
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2024-01-02 18:09:00
