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📖 Top 7 jobs most exposed to AI, and shaping the world's next chapter on 2024

Juan Delgadillo

• 5 min read
The image features a painting of a humanoid robot on the left, and God on the right side. They are both extending their arms about to touch their fingers in the style of the creation of Adam from Michelangelo. There is also a potent surge of golden energy appearing behind the area where they are about to touch their fingers as if God is about to give life to a new being. The image has a title at the top left: "The Practical Edge of AI", and Juan Delgadillo's branding at the bottom right. The image acts as the main Hero image for The Practical Edge of AI newsletter.

Are you wondering why all these fireworks and new-year's-eve-like celebration in the streets right now? Wonder no more, it means our warm welcome to you to the very first edition of The practical edge of AI newsletter!

We're thrilled to have you here, and as promised, one of our goals is to give you a friendly space where you get valuable, easy-to-understand, and actionable insights about artificial intelligence (AI) that helps you develop a competitive advantage in your life, career, job, and business—all explained in simple language without getting lost in technical jargon.

Let's get right in.

💬 In this week's letter:

  • Top 7 jobs most exposed to AI. A breakdown on the impact AI has on jobs, why you should know, and how you can get ahead.
  • Shaping the world's next chapter on 2024. How AI is making a difference on productivity, health, and education.

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The what, why, and how of the top 7 occupations most exposed to AI

The capacity of AI is increasing every year. It has evolved from playing simple chess games to become an essential part of our everyday lives, considerably changing how we do business, make decisions, create art, and do research.

As AI's widespread effect on economy and society broaden, how can we use it to our advantage developing a practical edge? The United Kingdom (UK)'s department of education breaks down the impact of AI on jobs and training.

Here is what the top 7 occupations most exposed to AI are, why you should know, and how you can prepare for what is coming.

What are the top 7 occupations most exposed to AI?

  1. Management consultants and business analysts
  2. Financial managers and directors
  3. Charted and certified accountants
  4. Psychologists
  5. Purchasing managers and directors
  6. Actuaries, economists and statisticians
  7. Business and financial project management professionals

Why should you know?

  • It's difficult to make estimates on a technology evolving at a rapid pace when we don't fully understand it. An emerging consensus is saying that 10-30% of jobs are highly automatable and could be subject to degrees of automation over next couple of years.
  • The top 7 occupations most exposed to AI are ranked by the AI Occupational Exposure (AIOE) score. The AIOE score allows jobs to be ranked to show which jobs are more and less likely to be impacted by advances in AI, based on the abilities required to perform the job.
  • Professional occupations are more exposed to AI, particularly those associated with more white-collar work and across finance, law and business management roles.
  • The finance & insurance sector is more exposed to AI than any other sector. The other sectors most exposed to AI are information and communication; professional, scientific and technical; property; public administration and defense; education; and health.

How can you prepare for what is coming?

  • You should seek relevant knowledge in the industries you are part of, anticipating possible changes, and disruptions in your job, professional career, and life.
  • Use AI technologies to augment your capacities, and increase your productivity—do more with less.
  • Learn to perform your job more efficient, faster, and with greater quality developing a sustainable competitive advantage over those who don't use AI.
  • Avoid being a passive observer waiting for a transition guidebook from governments and employers that might arrive too late.
Quantifying occupations in terms of abilities to perform a job role won't fully describe all roles. The extent to which occupations are exposed to AI will change due to the pace at which AI technologies are developing and as new data becomes available.

However, the themes highlighted by the analysis are expected to continue and provide a good basis for considering the relative impact of AI across different parts of the labour market. – UK's department of education.

Useful stories & ideas 💡

AI could shape the world's next chapter on 2024

AI has a transformative power similar to that seen during the birth of personal computers, mobile phones, and the internet.

It is transforming work, education, travel, healthcare, and communication. Businesses are standing out based on how well they use it, and entire industries are reorienting around it.

The early years of a transformative era are often marked by lots of changes. As with any disruptive technology, AI raises important questions about its impact on job displacement, copyright, privacy, bias, and more.

Writer Bill Gates shows us why 2024 is an opportunity to shape the world's next chapter for the better. Here are a few of the areas AI could make a difference on 2024 and forward.

‣ Productivity

As AI keeps advancing, we're getting closer to having personalized digital assistants that will know you and your preferences, and as a result, they will be able to assist you with various tasks across all your devices.

For businesses, these company-wide digital assistants would act as knowledgeable coworkers, joining meetings and answering questions based on their access to the company's data and industry news. This could significantly boost productivity by providing quicker answers and freeing up time for employees to focus on more complex tasks or even personal activities outside of work.

It is essential that governments along with private and public organizations support workers during this transition with proper training and resources so they can adapt to new roles in which human interaction remains crucial.

‣ Health

Healthcare is other area where AI will play a big role. It will help doctors diagnose diseases and recommend treatments, which is especially useful for rare conditions or complex cases. AIs can also assist with care by monitoring patients' health and reminding them to take their medication.

In addition to helping with care, AIs are speeding up medical breakthroughs by analyzing and extracting insights from large amounts of data in biology.

‣ Education

AI will greatly improve how we learn and teach. It'll figure out what our topics of interest are and how we learn best to give us relevant, and engaging content.

It'll also check our understanding, see if we're getting bored, and analyze how well we respond to different types of motivation. And based on this personalized understanding, it will provide us useful feedback on our work.

Teachers and school leaders will also benefit from AI technologies. For example, they might use AI to evaluate a student's knowledge or help develop career plans following different topics and areas of interest.

What comes next?

Now more than ever, companies are being created to work on new uses of AI as well as ways to make the technology more efficient.

Market forces alone won't ensure that AI benefits everyone equally; government funding along with private and public organizations must make sure AI helps reduce inequity and tackle major global issues.

AI has great potential to improve lives worldwide, but we need to establish guidelines for its use so the advantages outweigh any disadvantages and are accessible to all people regardless of location or wealth.

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How are you using AI in your everyday life, job, business, and professional career in 2024?

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