A recent survey from Verdantix has showed that more than half of businesses expect AI to replace 10% of job roles in the next five years. Senior roles appear to be at greater risk, with companies anticipating cost savings through the elimination of management positions rather than frontline roles.
The survey, conducted with 252 senior executives in IT and AI functions, highlights an accelerating trend toward AI adoption. Over half of the respondents expect budgets for AI projects to grow by 10&ndash;24% within the next year. Even with this, only 11% believe computers with human-level intelligence will be a reality by 2030, indicating a cautious outlook on the limits of AI.
Source: TechRound
In an article with Tech Round, our director of Technology, Mark Standen shares his thoughts as one of their experts.&nbsp;
&ldquo;Market Intelligence has provided a great deal of information around the job losses with regards to AI and whilst some commentators have said this will be a determent to Humans there are fundamental upsides to the creation of a new way of working.
&ldquo;Yes, there will be tasks that are better afforded to AI and Automation &ndash; Mundane tasks can be completed with greater accuracy in administration, Human Resources, Finance and Preperations. However, humans will still need to be a face to these departments. What will happen is productivity will increase within these teams and more will be able to be completed in these departments.
&ldquo;What will also happen much like when the World Wide Web was released to humanity is the creation of opportunities we didn&rsquo;t know about or have in 2025. The technology development will create many opportunities within fields like AI and Machine Learning, Data Analysts and Scientists and Digital Transformation specialists.
&ldquo;Jobs requiring empathy, creativity or intricate human interactions are less likely to be fully replaced by AI. While AI will help and increase knowledge there is always going to need to be &ldquo;Human in the loop&rdquo; engagement.
&ldquo;The future is extremely bright and the job market and skill needs will only increase as it has done in every industrial revolution to date.&rdquo;
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Read the full article here <a href="https://techround.co.uk/news/experts-jobs-at-risk-ai/">Experts Share Which Jobs They Think Are At Risk Due To AI - TechRound</a>

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Tech Round - which jobs are most at risk due to AI?