The future of work is a hot topic. It’s not just about your job, but the entire economy and the workforce. With the rise of automation and artificial intelligence (AI), it’s no surprise. There are many jobs that will disappear in the next decade and new ones emerging as a result.
However, there are also many roles that will stay the same, or even increase their demand for human workers. Where your job places you in life is not a fixed thing, but more of a spectrum.
Is AI Really A Threat To Your Job?
AI isn’t really anything new at all; it’s just another way to describe automation — something humans have been doing for centuries. While automation has always been beneficial to society, it’s only recently become so widely used that people are starting to notice its effects on their daily lives.
It’s only recently that we’ve had enough computing power to apply it to everything from predicting the weather to detecting cancer — but even these are just more complicated versions of what people have been doing for much longer than computers have existed.
AI doesn’t think as humans do, but it’s still doing a lot of thinking and making decisions in many ways similar to us. That’s good news for people who are worried about AI taking over their jobs: the more you know about how AI operates. Also, it becomes easier for you to understand how your job might be affected by it in the future — and what you can do about it now.
The “Wake Up” — AI A Myth
Statistics is at the heart of most AI programs. They are designed to make decisions based on a statistical analysis of data. It’s safe to say it is equally at the heart of a lot of human decision-making. So if we think about the way people make decisions, how might we expect AI to make decisions?
Let’s look at what happens when you apply for a job and then get an offer for that job. How do you feel about it? Do you think about all the other offers you could have gotten? Or do you think about whether this one was better than anything else out there?
If it’s better than anything else out there, then what do you do? You accept. You don’t negotiate with yourself — or maybe I should say that we don’t negotiate with ourselves — because we know what’s best for us: We take whatever offer has been made because we want to take advantage of this opportunity before someone else does!
The idea that AI is a threat to humanity is a myth. AI is more like a tool than a monster, and it’s not going away. It simply takes our idea one step further by applying statistics and machine learning algorithms at scale to automate certain tasks. For example, driving cars or diagnosing diseases, enabling them to perform faster and better than humans ever could alone. With this, an easy way out instead is to position oneself to stay competitive in the job market with AI inclusions.
The earlier you embrace AI as an opportunity for growth and career longevity instead of a threat to future employment prospects, the better.
How Product Managers Enjoy Career Longevity With AI
As with most careers, there are no overnight successes when it comes to becoming a product manager. The career path is long and winding, with many twists and turns along the way. However, if you follow the proven processes, love what you do and have a passion for technology — then you’re already well on your way!
The product manager is the one who is responsible for the success or failure of a company. They are the ones who keeps track of the market trends, competitor’s products, and customer expectations. They work with different teams across various departments to make sure that the product meets customer needs and expectations.
In fact, a famous study finds nearly half of jobs are vulnerable to automation in a few decades.
But as a product manager, there’s no need to worry about being replaced by robots or AI anytime soon. In fact, embracing AI as an opportunity for growth and career instead of a threat to future employment prospects can ensure longevity in the product management industry.
Why Product Managers Are Safe From AI
The first thing to consider when thinking about AI replacing human jobs is that not all industries are equally affected by automation. For example, while some high-level finance jobs may be at risk because of algorithms capable of trading stocks faster than humans can blink, others may have nothing to worry about at all.
Product managers fall into the latter category. Why? Because most companies still need humans to create products for them — especially complex products like software solutions and apps. This means that there will always be PM tasks that robots cannot carry out.
The rise of AI is poised to reshape the world as we know it. The technology is already responsible for automating a number of tasks in business and beyond, and it’s only a matter of time before it begins affecting the way we work.
AI analyzes data sets to find patterns and trends that can help product managers make better decisions about what features to add or remove from their products.
The also means that businesses have access to more data than ever before, which can be used in product development processes like:
- Customer segmentation.
- Research and analytics.
- Improved forecasting skills.
- Unbiased feedback on ideas and concepts.
- More clarity to decision-making processes.
- Making evidence-based decisions.
The ability to collect more data means that companies have more opportunities to improve their products, making them more efficient and effective for users.
If You Want To Remain Relevant And Employable In Today’s Fast-Moving World, This Is One Of The Few Positions That Still Has A Place In Even The Most Modern Workplace.
It’s easier to stay in your job when you’re better at it. But, since it’s unlikely that your company will tell you how to get better at product management, we can help!
Enroll today to take our online Product Management course, and stay up-to-date with the world of product management!
Whether you are looking at your career as a ladder or staircase, the same principles apply. The key is to find out where you are now, where you want to be and then decide how to get there.