2023 Industry Trends: A Spotlight on the Industries Transformed by AI 

2023 Industry Trends: A Spotlight on the Industries Transformed by AI 

In technology, Artificial Intelligence (AI) is causing big changes in different areas. This brings both challenges and chances. It also blurs the lines between human tasks and AI-driven actions. This affects industries like IT, Engineering, and Manufacturing the most.

This article will talk about these changes. It’s not just about AI taking jobs, but also about changing job roles, learning new skills, and using AI to boost productivity and creativity.

 

Artificial Intelligence in Different Industries 

Other than personal use, AI has also made its way into the world of work. Although there are conflicting thoughts about the scope and limitations of its usage, it’s difficult to deny the role it currently plays in many industries. Here are the industries transformed by AI the most.

 

Information Technology

Artificial Intelligence has made significant changes in the IT sector. It has helped in improving and transforming the way employees perform tasks. For example, thanks to AI’s capabilities of analyzing huge amounts of data, IT professionals could easily identify patterns and meaningful insights that they could base different decisions on.

AI-related tools could also be used in streamlining different IT operations resulting in higher efficiency and accuracy. An example would be the process of testing new codes. Every expert knows that testing a newly coded program or application requires a lot of time and effort. Using machine learning and deep learning, AI can analyze the data quickly and even observe behavioral patterns when data like device, demographics, and locations are provided.¹

With proper coding, AI can also free IT professionals from repetitive and time-consuming tasks. Take responding to inquiries as an example. With AI, information technology companies can set up chatbots and virtual assistance that can handle customer service 24/7.

Aside from being cost-effective, it provides faster responses and can give professionals the freedom to spend their time on more important IT-related tasks.

 

Engineering

The field of Engineering has experienced a shift because of the integration of AI into their processes. From design to more complicated aspects, engineers can now rely on artificial intelligence to aid them in their simulations, modeling, and other responsibilities.

Although AI can generate design on its own, it’s more widely used as a tool to aid in improving designs. For example, an expert can use AI to evaluate his design to assess the integrity of the infrastructure based on a variety of its parameters like weight, cost, and strength.

It can also serve as a tool for predictive maintenance. Instead of learning about their design mistakes the hard and costly-way, AI has the ability to detect potential failures so they could be prevented.

From design optimization to effectively managing available data, AI has truly made its way into the industry of engineering. For example, what was once a supplemental tool, Computer Aided Design (CAD) is now a necessity in an engineer’s daily workflow.

In general, AI programs and tools can help engineers automate parts of their process, specifically the low-value tasks. By doing this, they ‘re allowing professionals the time and resources to focus on more critical and high-value tasks that need their expertise.

 

Manufacturing

Artificial Intelligence has been a big influence in the manufacturing sector as well. It has been used and implemented in streamlining production processes and quality control of products. It’s used to inspect outputs on assembly lines and quickly identify any items with defects. In a few cases, robots are even programmed with AI to man actual production lines instead of actual people. 

Another use of AI in manufacturing is in optimizing warehouse management as well as planning production and logistics. AI-tools are used to analyze big sets of historical data, demand patterns, and market trends in order to understand the trends in the current market. Based on this, manufacturers can effectively plan the production of their products.

According to research made by Statista, the manufacturing industry has been one of the most targeted sectors of cyberattacks with around 250 data violation incidents in the year 2022 alone.² In relation to this, professionals in the manufacturing field are using AI to their advantage.

They’re using AI to monitor data accesses, recognize patterns, and proactively strengthen their cybersecurity measures.

Read More: Cybersecurity Best Practices for Companies in 2023 

 

The Need for Adaptation 

Based on the numerous usages stated above in the top three industries greatly changed by AI technology, it’s undeniable that the jobs done by people are impacted by these new applications of tech. And although AI applications can affect the responsibilities of workers, a study by Stanford University stated that it doesn’t hold any imminent threat to the employees nor their jobs.³

If people are replaced by AI in the future, the study suggests that the positive impacts of technology on society would balance everything out. This may mean the creation of other job opportunities, roles, and responsibilities for people to accomplish.

Similar to the technology we’re comfortable using, Artificial Intelligences will not replace you but there is an urgent need to co-exist with it. Instead of thinking of AI as a ‘replacement’ for employees, think of it as a tool that can support your professional endeavors.

 

Navigating AI-Related Changes as Employees

As employees in the era of technology and artificial intelligence, you need to put in the effort to keep up with the times. It’s important to take on a proactive approach towards your improvement and adjustment by doing the following actions:

  • Remain Informed. Being updated regarding the latest technological trends is important. Take the time to learn about different AI tools that could help your daily workflow and productivity. Don’t be afraid to explore different topics whether that’s the concept of big data or language processing tools.
  • Improve Yourself. Simply learning about the tools is not enough. Once you’re knowledgeable about AI as well as the skills that they may impact in your field of expertise, you need to invest in yourself through upskilling and reskilling efforts. Learn skills that will complement the abilities of AI like programming, data science, and the likes.
  • Cultivate Soft Skills. AI is programmed to mimic human intelligence, but they can’t easily replicate human touch. So, put in the effort of improving your soft skills like creativity, critical thinking, complex problem solving, and emotional intelligence. Understand there are skills AI can’t offer your employers and prove you can provide them instead.
  • Be Adaptable. AI technologies, similar to other tech, are rapidly changing and evolving. Because of this, you need to remain adaptable to change. Ready yourself so you can adjust to new tools and workflows as they’re implemented in your area of work.

 

Strategize Your Organization’s Improvement as Leaders

Employers not only have the responsibility of making their business a success but also helping the people they have onboard. To ensure your employees are ready to adapt to the era of artificial intelligence, you can implement the following steps and strategies.

  • Invest in their Professional Development. Provide them with opportunities like training, courses, and workshops to enhance their relevant skills and talent.
  • Set Clear Performance Goals. Align the individual goals of your employees with the objectives of the company. Help your people gain a sense of value and purpose by setting a clear direction for their work.
  • Provide Feedback and Recognition. Employees who feel appreciated and valued in the company are more likely to be productive and proactive in the tasks they do. Implement regular performance reviews so that your people know how they can improve. Try to include comments that can help them be more AI and technology ready as well.
  • Offer Transparent Communication. Respect your employees enough to keep them informed about the company’s direction. If you plan to implement AI, let them know before implementation. If their roles will be affected, provide them opportunities to upskill or reskill for other roles in your company.

 

BE READY FOR WHAT THE FUTURE HOLDS BY PARTNERING WITH DAVIS COMPANIES

Whether you are a professional looking to offer your skills or an organization hunting for top candidates, our services at DAVIS Companies can surely help you in your search.

Being in the industry since 1985, we have established strong connections with innovative and tech-savvy companies and professionals alike. Through our professional staffing solutions and recruiting services, we can direct you on the path towards your professional success – the DAVIS way. Contact us today to learn more!

 

References 

1 McKinsey & Company. “The Future Is Now: Unlocking the Promise of AI in Industrials.” McKinsey, 6 Dec. 2022, www.mckinsey.com/industries/automotive-and-assembly/our-insights/the-future-is-now-unlocking-the-promise-of-ai-in-industrials.

2 Petrosyan, Ani. “Cyber Crime and the Manufacturing Industry Worldwide – Statistics & Facts.” Statista, 18 Jul. 2023, www.statista.com/topics/10742/manufacturing-industry-cyber-crime/#topicOverview.

3 Littman, et al. “Gathering Strength, Gathering Storms: The One Hundred Year Study on Artificial Intelligence (AI100) 2021 Study Panel Report.” Stanford University, Stanford, CA, September 2021. Doc: http://ai100.stanford.edu/2021-report.

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