The rapid development of artificial intelligence (AI) is causing economists and experts to raise concerns about the future of STEM careers. Nobel Prize-winning economist Christopher Pissarides warns that many currently in-demand jobs in science, technology, engineering, and mathematics could soon become obsolete due to advancements in AI. Pissarides argues that the skills needed to develop and utilize AI will eventually make the skills currently in demand obsolete, creating a potential disruption in the labor market.
2023 has been a breakthrough year for AI technology, with increased mainstream applications. However, fears have risen that the technology will render numerous current jobs obsolete. Despite the high demand for young students to enter STEM fields, Pissarides suggests that this could change as AI continues to improve.
While AI can benefit STEM workers by speeding up tasks and problem-solving, experts warn against becoming too reliant on the technology. The danger lies in the potential elimination of jobs and the loss of skill sets that have contributed to societal progress. It is crucial to strike a balance and view AI as a tool rather than something to subordinate oneself to, according to Jon Schweppe, the policy director of the American Principles Project.
Pissarides remains optimistic about AI’s overall impact on the job market, believing that it will be positive. Other experts share this sentiment, stating that there will still be jobs that AI cannot handle compared to humans. Coding, paralegal work, and factory jobs that do not require judgment may be at risk, but not all STEM or white-collar jobs are in danger. Engineering may be the most vulnerable, while science and mathematics may face less disruption.
STEM fields are crucial for the advancement of AI, as emphasized by Pioneer Development Group Chief Analytics Officer Christopher Alexander. Even though some jobs in the IT industry may be replaced by AI, IT professionals are most likely to adapt and learn new relevant skills.
Experts recommend that high school students focus on STEM education to keep their options open for future careers and advanced degrees. While the specific IT skill set required may change, STEM remains the foundation of our civilization, from agriculture to edge computing. Pissarides also highlights long-term opportunities in fields that prioritize communication and customer service, emphasizing the importance of these jobs.
In conclusion, the rapid development of AI raises concerns about the future of STEM careers. While some jobs may become obsolete, experts believe that there will still be a need for human judgment and skills that AI cannot replicate. It is crucial to strike a balance between utilizing AI as a tool and preserving the importance of STEM education for future generations.
