How To AI Proof Your Career
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What is the main topic discussed in this episode?
The last word with Life Pharmacy. Over 100 local pharmacies nationwide that are always here to help. Life Pharmacy. Live better together.
We're joined by Colin Donnery, who is Group Chief Executive at the FRS Co-op. This is a recruitment And it's done a survey of just over under 4000 employees and businesses in Ireland. And Colin, what are the main things that you found in relation to AI and what workers believe about AI and their jobs?
Yeah, so I suppose on the employer side, 3.6% of employers are saying that AI has replaced a full job role in their organisation. More interestingly, though, I think, and it does seem like a low number, but 43% reported that AI has...
What do recent FRS Co-op survey results reveal about AI replacing jobs in Ireland?
already replaced tasks within the role. And 60% of employees feel that AI may impact their job negatively in the next couple of years or replace their job, which is actually double on where it was from last year. And probably the reason for that is twofold. I think, firstly, all the noise we're hearing in the media around multinationals is letting workers go due to AI, whether that be for more investment in AI, but also because I think workers are actually getting to use AI more and they see the power of it on a day-to-day basis in basically carrying out tasks that they would have done themselves manually in the past.
Yeah, but does that mean that they see that while their job hasn't been replaced yet, that it will be in the future, that they can see what they've been asked to do with AI and know that what's coming is that instead they won't have to be asked to use AI. AI will do it for itself.
Yeah, so I think this is the big question. And I think anyone who says they know what's going to happen in the next 10 years over this is probably not telling the truth. I think what we're seeing with tasks being replaced, That is going to create, obviously, it hopefully should make workers more productive on the one hand. And another part of our survey showed that workers are looking for more wages. So if they're getting more productive, maybe they can get paid more. But what are employers going to do as tasks have been replaced? So if you have someone in your accounts department in AP and AI is doing 35% of their job, how are you going to handle that? And I think That is the case for many, many jobs within organisations now and what they're grappling with.
Yeah, but Colin, isn't that the case?
Sorry, a lot of people might be hopeful that, well, OK, that means that the employee will be asked to do something else. That means that they can be employed more productively, efficiently, effectively, whatever way you want to describe it, somewhere else. But what tends to happen is, particularly the finance people in organizations look at it and go, why do we need to hold on to that person? We can get AI to do it. No point in getting them to do something else. Let's just get the costs of those person off the books, particularly when AI itself doesn't come for free.
How many employers report AI replacing whole roles versus tasks within roles?
Yeah, so I hear what you're saying, Matt, but if you think about it, if you have someone in a department, you're looking at that individual and the tasks have been reduced and replicated by AI, hopefully that worker is becoming much better in AI. And to give an example actually of, and I suppose it talks to your point, but also to to the other side is with software developers. So what we're seeing on the ground with software developers is at the moment that AI, particularly cloud, is being used to replace coding. So what's happening is the developer is working at the front end and coming up with what's required and the coding required. The code is running the scripts, and at the back end then, the developer is having to analyze what's come out and check it, et cetera.
And what we're hearing from employers is on software, the software development side is they're going to be paying these people more. Yes, overall, the number of workers in the organization may drop, but those workers will be paid more.
OK, we also have Peter Cosgrove with us, Managing Director of Careers Portal.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–0:49
2
What do recent FRS Co-op survey results reveal about AI replacing jobs in Ireland?
0:49–3:16
3
How many employers report AI replacing whole roles versus tasks within roles?
3:16–6:03
4
What are employers' and employees' biggest fears about AI's near-term impact?
6:03–11:45
Speakers
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