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Millennials: How Will Artificial Intelligence Impact Their Future?

[ad_1] As the tail end of the Millennial generation enters the workforce, considers having children, and cements itself in the world at large, it is without question that Millennials are going to experience a unique future compared to Generation X or any other generation that came before them for that matter.

The world itself has evolved tremendously in recent years, with one of the biggest changes being the introduction of more advanced technology and the accessibility of Artificial Intelligence (AI) to consumers and businesses.

The generation that people love to hate is known for being early adopters of new technologies; however, it remains to be seen exactly how AI will shape the post-adolescent lives of 80 million Millennials which has become the largest age grouping in American history.

What is AI?

Unlike Robotic Process Automation (RPA), AI is self-learning, meaning it adapts and learns as it goes. RPA, however, performs the tasks it was programmed to do and does not adapt to changes by itself. Automation software replaces humans for repetitive or predictable tasks, where AI can use reason to mimic the thoughts of a human.

Challenges

A common concern with AI is that it will replace people in jobs entirely. With the creation of more intelligent automation, lower level jobs are being performed by humans less than they were before. Where workers who are older have a better chance of keeping their jobs due to tenure or seniority, young professionals are going to find that typical entry-level jobs are going to cease to exist as AI spreads and fills those types of positions.

With 85-90 million American Millennials, the group is now the largest generation in history and is also the highest educated generation ever. With typical entry-level jobs decreasing and the number of people entering the workforce increasing, the competition for jobs will be cutthroat.

In order for Millennials to survive in the workforce with ever-improving AI and an increasing supply of competing…

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Sourced from by Derek Porter

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