Asking which industries are going to be the most impacted by AI in the coming years is like someone in the 80s asking which industries are going to be the most impacted by computer chips and software.

In 1980, it was possible to see that computers were going to revolutionise retail and medicine, but impossible to forecast the advent of Amazon or Taobao.

Predicting the influence that AI will come to possess in the future is harder than ever, due to the exponential nature of change in an era of unprecedented connectivity. The only thing clear is that AI and its associated technologies will continue to advance.

In Southeast Asia alone, the adoption of AI technologies stood at 14 per cent in 2018, a marked increase from the 8 per cent in the previous year.

The use of AI will only increase as organisations turn to it to plug skill gaps created by the digital transformation of traditional industries. This is set against the backdrop of a potential talent deficit of 47 million workers across Asia Pacific by 2030.

As AI becomes mainstream, its capabilities will open up to more general uses — Artificial General Intelligence (AGI). Once this happens, more of our tasks will be performed optimally with regards to efficiency and economically.

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Before we get there, we must acknowledge that generally speaking, AI will not take over the human workforce all at once — it will not instantaneously eliminate jobs or job functions.

Instead, it will start by prompting businesses to reorganise their structures to best leverage the strengths it has to offer. In doing so, pieces of people’s jobs will be reallocated to AI, giving way to the creation of new roles and requiring humans to upskill themselves accordingly.

For instance, AI will first take on more routinised accounting work (such as calculations and backend processes, similar to intelligent adaptive Excel macros) while allowing accountants to handle strategic decision-making and customer interaction. Only with the emergence of AGI over time, will we see AI taking over these roles and by then, only a handful of humans will be needed to oversee the running of an organisation’s entire finance function.

When this happens, we would be living in the reality of the hyper-intelligent workplace, where humans will simply provide critical thinking and rely on the intuitive skillset of AI for increased productivity.

Using the case of biological lab testing as an example, equipment which are mostly already computerised will become more automated and intuitive. Lab robots will then start bridging the gaps between the lab equipment — be it carrying materials from one machine to the other, or keeping each equipment informed about their respective test subjects, parameters and results.

This weeds out the role of a lab technician gradually as it is replaced by an integrated lab robot system that takes verbal instructions directly from the scientist in charge of the lab. Eventually, the scientist’s role will mainly be to rubber-stamp the AI’s suggestions, knowing that what he needs from the AI, has been effectively executed.

Of course, this is not to say that there will be a widespread of automation within all industries. While generic graphic designs can now be done with AI design programs, the conceptualisation of deeply creative new images and visual themes will remain largely in the domain of humans, especially on highly subjective matters which require a highly nuanced understanding of consumer taste and preference.

In general, one may say that among the last job roles to be eliminated will be those relying heavily on novel creativity, strategic decision-making, critical thinking and physical manipulations in life-or-death situations.

Yet, among these roles, the routine and labour-intensive tasks will most likely be automated first as that is where most cost-savings will be obtained. To put into context – there is more money to be saved by autonomous car driving than helicopter piloting, and more to be saved by automating medical research than particle physics research.

In my view, the reduction of the need for humans to work for a living should be massively positive. In an ideal world, that would free up people’s time to pursue more social, artistic, intellectual and spiritual endeavours.

Imagine living in a society where through the work achieved by technology, the psychology of defining one’s importance, status and identity no longer relies on one’s career or income.

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While that is almost sure to be a rocky road given the realities of geopolitical issues and income inequality, projects such as the decentralised AI movement led by SingularityNET aims to smoothen the path towards it in a democratic and participatory way.

If a substantial portion of the world’s AI brainpower is running on decentralised networks that are owned and controlled by their participants, it is more likely that the replacement of human labour with AI will unfold in a way that is beneficial for a large percentage of humanity.

When that happens, we know that the AI revolution has reached the point of full success.

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Photo by Thought Catalog on Unsplash

For more on how AI can contribute towards a hyper-intelligent workplace and a possibly post-work society, you can join me on a panel titled ‘Let’s Get Real About the Magic of AI and its Benefits to the Society’ at ConnecTechAsia2019 Summit, Day 1, 18 June at Marina Bay Sands, Singapore.

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