The use of artificial intelligence (AI) in the workplace is not a new concept, but the potential impact it could have on job security is a topic of concern for many. While the common belief is that AI won't take your job, the real threat may come from individuals who know how to use AI effectively, particularly those based abroad.
AI-powered offshoring is a growing trend that could pose a threat to workers in heavyweight economies by making individuals in cheaper markets more efficient and better suited for higher-skill jobs. The combination of AI capabilities and low-cost labor could shift the types of roles at risk of being offshored from repetitive tasks to more complex work like engineering, customer service, and marketing.
Experts predict that overseas workers equipped with AI tools will eventually be able to take over numerous jobs traditionally held by workers in developed economies. The accessibility of online learning is enabling workers in developing countries to build their skills and compete globally with those in higher-paying markets.
The integration of AI in offshoring strategies is making it easier for companies to tap into a global workforce and hire workers from different regions for specialized roles. While AI can enhance productivity and efficiency, there are concerns about job displacement and the impact on domestic labor markets.
As companies increasingly look to leverage AI and offshoring to cut costs and improve efficiency, there is a growing need for governments and businesses to collaborate on solutions to address the changing job market. Suggestions include improvements to education systems, regulations on offshore labor percentages, and potential wage tariffs to balance out labor costs.
Ultimately, individuals in the workforce are encouraged to adapt to the changing landscape by finding ways to add value through the use of technology and automation. The evolving role of AI in the workplace presents both opportunities and challenges, highlighting the need for proactive measures to navigate the future of work in a globalized economy.