GenAI Unleashes a Wave of Innovation: Insights Reveal Creation of New Job Roles

According to an IBM study, the most significant barrier to deploying generative AI is the need for more competent labour. Despite growing fears that generative AI could eliminate jobs, the study found a demand for fresh professionals to join the ranks of jobs produced by the rising adoption of the coming technology.

According to the report, 68% of business leaders in India felt that a lack of cloud skills is a significant problem in their digital transformation journeys, which is higher than the global average of 58%. The rapid advancement of Generative AI (GenAI) is creating a wave of innovation across industries, prompting the emergence of entirely new job roles and fundamentally altering the work landscape. As AI automates routine tasks and processes, opportunities are opening up for human-centric positions that leverage uniquely human skills like creativity, critical thinking, and social intelligence.

AI-induced job creation

Furthermore, according to the study's findings, around 85 percent of organisations in India have created new positions to meet the demand for cloud expertise. Indian organisations are leading efforts to bridge the skills gap, followed by those polled in the United States of America (80%), the United Kingdom (77%), Germany (72%), Spain (72%), and Australia (70%). It is encouraging to observe that over 85% of respondents have stated that businesses are developing new job positions to meet the demand for cloud capabilities in this Generative AI era."

According to the survey, security and privacy are significant considerations regarding AI adoption. Regarding GenAI, approximately 36% of cloud executives in India are concerned about cybersecurity or the privacy and confidentiality of data and information. Security and compliance are cited by 60% of cloud leaders as reasons for transferring workloads from public clouds to private clouds or on-premises data centres, an increase of 18% from the previous year.

AI has increased partnerships

Surprisingly, the developing technology has led to companies working together to improve adoption. Approximately 92% of organisations polled in India feel that open innovation with business partners is the most powerful driver of sustainability activities. This is obvious from the multiple collaborations made by Indian IT businesses such as TCS, Infosys, Wipro, HCLTech, and others with major technology companies such as Google, Microsoft, and Amazon.

Conclusion 

While AI will undoubtedly continue to automate tasks and processes, the future of work lies in collaboration between humans and machines. By leveraging the unique strengths of both, we can unlock unprecedented innovation and solve complex challenges across diverse fields.