Scrutinizing PMI's Recent Dismissal Of AI Threat To Jobs

Discussions centring on the threats of artificial intelligence (AI) to jobs will continue to assume high-pitch dimensions given the present spate of job cuts and job losses.

This is the focus of a recent discourse involving the renowned Project Management Institute (PMI).

In one such recent development, as a leading management consultant in Africa, PMI has attempted to assuage the swirling anxiety among young people in the continent as a result of the invention and usage of AI otherwise known as CHATGPT by organisations. 

This was contained in a statement signed by Joanna Baidu, Youth Lead, Sub-Saharan Africa, Project Management Institute and made available to the media.

In the statement, Baidu said, “Concerns around the use of AI, from its potential misuse and ethical implications to the balance of innovation vs. disruption, have been swirling since ChatGPT went mainstream.

“There is great unease at the thought of AI replacing jobs.” 

According to a globally acclaimed investment bank, Goldman Sachs, about 300 million jobs are predicted to be lost or degraded by AI.

The World Economic Forum found that the global economy will shed 14 million jobs over the next five years as the economy weakens and companies boost the adoption of AI technologies.

“Students across various educational institutions have good reasons to be anxious.

“According to the Institute of the Future, 85% of the jobs that will exist in 2030 have not been invented yet!

“While it is easy to speculate about the types of jobs automation will make obsolete, it is with no certainty that we can make any assumptions.

“There is no denying that AI will profoundly impact the future of work.

“Tech innovations of the past decade have already made bank tellers, cashiers, telemarketers, and travel agents relics of the past.

“Generative AI holds the potential to take over segments of marketing, copywriting, design, customer support, legal work, etc.

“It remains aware of its limitations, though, and believes that “jobs that require a high degree of creativity or interpersonal skills are less likely to be replaced by AI. 

“These skills are innate to project managers”, she added. 

PMI’s Talent Gap predicts an increase in the number of jobs requiring project management-oriented skills from higher demand due to economic growth and retirement rates.

These trends will create a global need for 25 million new project professionals by 2030.

If the roles are not filled, it could result in a possible loss of up to $345.5 billion in global GDP.

The Youth Lead, Sub-Saharan Africa at PMI stated: “Regardless of which way the pendulum swings and which jobs AI swallows, it is prudent that the youth commit to lifelong learning and upskilling.

Joining a professional association is strongly recommended for students and early career professionals.

Staying informed about trends, access to learning resources, and being intentional about professional development will give the youth the head start to prepare for the future of work.

“Power or soft skills are one of the most essential skills a membership can help you sharpen.

“Being a member of an association opens avenues to volunteer. One can step into multiple 'official' roles, such as youth ambassador and student coordinator, which will help develop power skills.

“Having real-world experience using power skills to accomplish goals or overcome obstacles gives one a tremendous edge when job-hunting.

“There are associations or organisations that cater to nearly every type of profession.

“For project management, it is the Project Management Institute, a for-purpose, not-for-profit organisation.

At PMI, student members enjoy the same valuable benefits afforded to practitioners.

Student members receive digital downloads of the latest PMBOK Guide, certification discounts, and access to tools and resources such as PMI’s Career Navigator, which supports career progression by creating a personalised plan.

Student members also gain access to networking opportunities through various events and activities and instantly join a network of over 450,000 project professionals worldwide, she added.

Conclusion

It is clear that the potential impact of AI on the workforce is significant, and this has been acknowledged by PMI's recent dismissal of the threats to jobs associated with AI. 

Even so, organisations should remain vigilant and take proactive steps to ensure they are prepared for this type of disruption in the future.

Through investing in education and training, as well as research and development, employers can focus on creating new opportunities, assisting existing job functions, and providing a secure platform that is ready for the technologies of tomorrow. 

This is the only assurance that the youths will need to assuage their fears of the rampaging AI revolution.