Contact Members/Sign Up Reg Form

UAE Faces Job Displacement as AI Impacts Labor Market

 

The advancement of new technologies, specifically machine learning and artificial intelligence (AI), is anticipated to result in the obsolescence of certain jobs, with a simultaneous need for the enhancement of skills in retained positions, according to experts.

Dr. Munir Majdalawieh, Department Chair of Information Systems and Technology Management at Zayed University, highlighted concerns about potential job displacement, especially in routine tasks susceptible to automation. However, he noted that despite these fears, the overall impact is likely to result in job growth.

The evolving technological landscape, as indicated by studies like The Future of Jobs Report 2023 by the World Economic Forum and LinkedIn surveys, is expected to create new opportunities and demand for roles requiring advanced technical skills and creativity. This includes positions such as data analysts, cybersecurity experts, and AI specialists. Additionally, there will be an increasing need for individuals who can bridge the gap between technology and various industries, such as digital transformation consultants and technology integration specialists.

Khaled AlWazani, Associate Professor of Public Policy at Mohammed bin Rashid College of Government, emphasized the importance of soft skills alongside technical expertise. He identified language, digital skills, and communication skills as crucial for future generations, emphasizing the need to communicate not only with people but also with machines, AI, and media.

While acknowledging the transformative impact of AI, AlWazani expressed the importance of studying diverse fields, including biology. He stressed the significance of learning topics and honing soft skills rather than pursuing certifications solely.

At the World Government Summit, Kristalina Georgieva, Chief of the International Monetary Fund (IMF), warned of a potential "tsunami" of AI affecting around 40% of jobs in the coming years. Despite this, Jensen Huang, Founder and CEO of NVIDIA, presented a perspective at the same summit, suggesting that the future of jobs might not solely be in technology. He highlighted the life sciences, particularly the understanding of human biology, as a complex and impactful field that could lead to future job opportunities. Huang encouraged a focus on life engineering, envisioning a generation engaged in working with proteins, chemicals, enzymes, and materials to engineer energy-efficient, lightweight, and sustainable solutions.

 

Feb. 26, 2024 12:27 p.m. 1904

#breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #FutureOfWork #AIimpact #SkillUpgrades #JobDisplacement #TechnologyAdvancements #SoftSkills #DigitalTransformation #FutureSkills #JobGrowth #LifeSciences #HumanBiology #JensenHuang #WorldGovernmentSummit #AIInJobs #JobOpportunities

Is AI Capable of Creating True Art?

lifestyle / technology
Jan. 23, 2025 6:40 p.m. 395

Can AI create authentic art? Explore its creative potential here....Read More.

Sabalenka Powers Past Badosa, Reaches Third Consecutive Australian Open Final

sports / sports globally
Jan. 23, 2025 6:09 p.m. 381

Martina Hingis Last Achieved Australian Open Three-Peat in 1999, Sabalenka Now on Brink of Historic Feat...Read More.

Is AI Capable of Creating True Art?

Can AI create authentic art? Explore its creative potential here.

Sabalenka Powers Past Badosa, Reaches Third Consecutive Australian Open Final

Martina Hingis Last Achieved Australian Open Three-Peat in 1999, Sabalenka Now on Brink of Historic Feat

Manchester City Sign Forward Omar Marmoush from Eintracht Frankfurt

Manchester City Sign Egyptian Forward Omar Marmoush from Eintracht Frankfurt on 4.5-Year Deal, Announces Premier League Club

Sharjah Ruler Offers Condolences to Saudi King on Abdulaziz's Death

Sharjah Ruler Sends Condolences to Saudi King on Prince Abdulaziz's Passing

Sultan bin Ahmed Attends Launch of Media Strategies Ceremony

Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah, attended the launch of media strategies by Sharjah Media Council entities

MWL Condemns Israeli Attack on Jenin in West Bank

The Muslim World League (MWL) condemned the Israeli attack on Jenin, West Bank. MWL Secretary-General Sheikh Dr. Mohammed Al-Issa called it a serious violation

GCC Chief Meets Singapore's Deputy PM to Boost Regional Cooperation

GCC Secretary General and Singapore Deputy PM discuss boosting ties in trade, culture, and more

Saudi Crown Prince plans $600B US investment in call with Trump

Crown Prince Mohammed bin Salman told Trump in a call about $600B US investment plans

Green Day debuts in Middle East: Dubai Metro hours extended for concert

Around 30,000 fans are set to gather in the UAE for Green Day's iconic concert in Expo City Dubai

How Millennials Can Save and Invest Smartly for the Future

Smart saving and investing tips for millennials to secure the future.

Get In Touch

3001E, 30 Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE

+971 52 602 2429

info@dxbnewsnetwork.com

LAUNCH OF DNN
Follow Us

© DNN. All Rights Reserved.