A Microsoft Office PowerPoint Presentation for Research Paper on Impact of AI on Employment submitted as part of Research Paper Presentation Competition under Anvesh 2020 organized by Faculty of Business Administration (GLS BBA), GLS University

1. IMPACT OF AI
ON EMPLOYMENT
RESEARCH PAPER PRESENTATION – ANVESH 2020
TEAM – MURPH

2. OVERVIEW
01
Introduction
03
Methodology
02
Research
Objectives
04
Findings &
Conclusion

3. INTRODUCTION
01

4. Artificial intelligence (AI) is the simulation
of human intelligence in machines that are
designed and code to think like humans and
behave in a similar manner. The term
Artificial Intelligence can also be used for
any machine that exhibits characteristics
associated with a human mind such as
learning, thinking and problem-solving.
- Frankenfield, J. (2020, March 13)
WHAT IS AI?

5. Robots
Virtual Assistants
ChatBots
POPULAR
APPLICATIONS

6. — JAMES MANYIKA
“It’s natural to wonder if there will be a
jobless future or not. What we’ve
concluded, based on much research, is that
there will be jobs lost, but also gained,
and changed. The number of jobs gained and
changed is going to be a much larger
number, so if you ask me if I worry about a
jobless future, I actually don’t. That’s
the least of my worries.”

7. RESEARCH OBJECTIVES
02

8. Sectors with Major AI Deployments
AI and Productivity
Limitations of AI
AI and Jobs – Created and Lost
Predictions for Future
RESEARCH AVENUES

9. METHODOLOGY
03

10. METHODOLOGY
Qualitative Research
Data Interpretation
Literature Review
Articles, Essays and Research Papers
Panel Discussions
Economic Times, TOI and IBM
Ethnography
Discord GCC, IBM DSP, CML’20, SkillShop
Observation
Popular VAs and ChatBots
TYPE

11. FINDINGS AND
CONCLUSIONS
04

12. SECTORS WITH MAJOR AI DEPLOYMENTS
Diagnosis Algorithms and
Remote Check-Ups
Sales and
Marketing
Virtual Assistants and
Lead Optimization
ChatBots and
Interactive Guides
Customer
Service
Health
Care

13. AI AND PRODUCTIVITY
Sales Service
24-hour Service – 64%
Instant Responses – 55%
Work-Focus
36% - Optimize operations
72% - Innovation Focus
Big Data
Better Data Quality – 59%
Faster Analytics – 67%
Over 50% increase in leads
40-60% cost reductions

14. LIMITATIONS OF AI
37% managers don’t
understand use of AI
PERCEPTION
76% CEOs worried
about detecting bias
BIAS
47% managers unable
to integrate AI
COGNITION
HIGH COSTPROTRACTED
Often requires transformation of entire Organizational Hierarchy
as well as several processes which takes time, effort and money.
COMPLEX

15. AI AND JOBS
CREATED AND LOST

16. Million jobs likely to be displaced by 2030
- McKinsey Global Institute
400-800

17. - THE WALL STREET JOURNAL
“Simply put, jobs that robots can replace
are not good jobs in the first place. As
humans, we climb up the rungs of drudgery —
physically tasking or mind-numbing jobs —
to jobs that use what got us to the top of
the food chain, our brains.”

18. 10%
Job Creation Rate
Jobs are not transferrable
Need for extensive training
Transition
New jobs will have higher
skill requirements than the
jobs that will be lost
Higher Skill

19. 77%
CEOs worried about
Vulnerability and Disruption
Probability of erroneous
outputs by AI Projects
85%
Technologists are
unprepared for AI Inclusion
93%

20. $190B
Industry by 2025
Commercial Apps will
integrate AI
75%
businesses have AI as their
strategic priority
83%

21. CONCLUSION
AI in 2020 and
preparing for the future
Inescapable
A change is bound to happen
Training Skills
Incorporate appropriate skill training
Developing Phase
AI cannot completely replace humans
Selective Use
Decide on the sectors to use AI in
2020

22. THANK YOU!
Questions?
IMPACT OF AI ON EMPLOYMENT
Anvesh 2020 – Research Paper Presentation
TEAM – MURPH
Mrudul Manojkumar
Rahil Shah
Samit Nakrani
Ushama Chhipa