Get Apps
Get Apps
Get Apps
點新聞-dotdotnews
Through dots,we connect.

Opinion | Demographic Economics: How does AI affect job market?

World
2024.11.21 21:21
X
Wechat
Weibo

By James Liang, executive chairman, former CEO, and co-founder of Trip.com Group

The release of reports by companies and the launch of AI avatars for data interpretation exemplify the application of artificial intelligence (AI) in the workplace. With the help of AI, people can have more time to think and create. In this article, I would like to discuss the differences between artificial intelligence and the human brain, as well as how this affects various industries, particularly the job market.

Before addressing the question of AI and employment, we need to understand the similarities and differences between artificial intelligence and human brains. Both share a surprising and crucial commonality: unpredictability and difficulty in explanation. Unlike machines that operate on fixed rules and deterministic behaviors, human behavior follows broad patterns while retaining a certain degree of unpredictability at the individual level.

Traditional computer programs are predictable, but large models are not; they may provide slightly different answers to the same question. Similarly, AI algorithms are challenging to interpret. Deep neural networks consist of billions of parameters distributed across multiple layers. Each layer processes data non-linearly, making it extremely difficult to trace how a specific input leads to a particular output. The complexity of these models makes understanding their internal workings nearly impossible.

Additionally, there are key differences between AI systems and the human brain. The energy efficiency of the human brain far surpasses that of AI. The brain operates at about 20 watts, similar to a small light bulb, while large language models may require immense computing power and energy, potentially consuming thousands of times more energy for similar tasks.

Moreover, AI now lacks emotions, ethics, or consciousness—though one might wonder if it could develop these characteristics over time. Emotions arise from brain functions; theoretically, as AI advances, they can mimic emotions. However, emotions are also the result of billions of years of evolution. How long would it take for AI to develop true emotions? Furthermore, the question of whether AI can possess consciousness or ethics is a significant philosophical issue that warrants further exploration.

Lastly, although AI may surpass the human brain in certain cognitive tasks, AI-driven robots still significantly lag behind humans in dexterity and agility. For instance, while AI can perform entry-level programming tasks, it struggles with jobs requiring service, such as those of a waiter.

The complexity of human anatomy, coupled with advanced sensory feedback and exceptional motor control, gives human hands unparalleled precision and diverse movement capabilities. We currently lack materials that can functionally match the capabilities of the human hand, unlike the compatibility between chips and neurons.

Therefore, enhancing the dexterity and agility of robots presents a more challenging problem than language processing. Even the most advanced AI robots still cannot match humans in performing simple tasks, like picking up objects easily, let alone more complex tasks like cleaning a room. While robotic advancements will improve over time, this progress will be gradual, and many service jobs will remain reliant on human workers for many years to come.

Generative AI Creates More Jobs!

The varying capabilities of artificial intelligence across different tasks impact various jobs differently. Recent studies have revealed the potential effects of AI on employment, addressing widespread concerns about job loss. McKinsey's analysis predicts that by 2030, generative AI could automate 29.5% of working hours in the U.S. economy, up from 21.5% currently. Many research conclusions suggest that the impact of AI on employment will manifest in job transformation rather than outright replacement, with many positions being enhanced rather than completely disappearing.

AI's influence on the job market varies significantly across sectors. Certain jobs, such as translation, may be almost entirely replaced by AI, while most professions may experience partial automation, with specific tasks taken over by machines. However, due to inherent risks and the need for human judgment, some roles will still be performed by humans.

Most research focused on AI's impact on employment tends to emphasize automation, overlooking the crucial point that accurately predicting employment market trends requires considering supply and demand factors simultaneously. In the age of AI, some industries may see increased demand, offsetting the effects of automation. For example, even if AI automates 50% of tasks in a certain position if that industry expands threefold, employment numbers could still rise. Additionally, as society becomes wealthier and personal leisure time increases, consumer behavior is shifting towards a pursuit of experiential and spiritual fulfillment rather than material goods, a broader industry trend that may create new job opportunities.

Industries Most Susceptible to Automation

From an economic perspective, the pressing question is which jobs AI will replace and whether large-scale unemployment will occur. Which industries will be positively or negatively affected? How will AI influence innovation and education? Will AI affect income distribution?

To address these questions, I created a 2x2 quadrant chart (see the diagram), where the horizontal axis represents the degree of technological automation in industries.

Industries that are easier to automate include agriculture, home appliances, clothing, automobiles, and digital entertainment. Those that are more challenging to automate include real estate, as construction and renovation workers are hard to replace with robots in the short term. Travel services also involve human transport and service, making them difficult to automate.

The vertical axis reflects levels of demand. Human material needs encompass industries related to food, clothing, and shelter. Once material needs reach a certain saturation point, they stabilize, while spiritual needs are nearly limitless. Industries such as travel, entertainment, and education fall under spiritual needs, as innovation satisfies the human instinct for exploration.

From this, we can conclude that some industries will shrink, such as manufacturing; some will stabilize, like real estate and digital entertainment; and others, such as travel and education, may expand and absorb more labor.

Thus, the structure of employment in the overall economy will change, but it will not lead to mass unemployment. Some industries, like manufacturing, will contract, while others, like real estate and digital entertainment, will remain stable. At the same time, industries like travel and education may grow and attract more labor.

It is worth considering that with advancements in AI technology and economic restructuring, entirely new job categories may emerge. One increasingly prominent position may be that of a social media influencer, who provides recommendations in areas such as travel, food, gaming, and various experiential consumption. These individuals can generate income through advertising and sponsorships.

Overall, as people accumulate more leisure time and wealth, the future job market may encompass a range of careers that satisfy our growing desire for unique, enriching, and meaningful experiences. While AI may automate certain aspects of these roles, the human touch in creating and curating these experiences—a vital form of innovation—may still be irreplaceable, and these limitless imaginative industries will continue to generate job opportunities.

Innovation Field? Not Yet

From a long-term perspective, perhaps in a generation, even construction workers and tour guides could be completely replaced by robots and AI. However, one role may always remain human-dominated: innovation. In the quadrant chart, "innovation" is placed in the upper right quadrant because it provides the highest satisfaction and is particularly difficult to automate. Innovation is not limited to a single industry but is intertwined across various research and development activities.

As more jobs become related to innovation, AI and robots will only play a supportive role. Some argue that innovation can be achieved by a few geniuses rather than a large population; however, I believe this perspective clearly contradicts historical trends. Humanity is investing increasingly more capital and human resources in innovation, and densely populated cities and regions tend to be more innovative—this trend shows no signs of slowing down. In the future, more individuals will have the ability and willingness to participate in some form of innovative activity, including both high-skill jobs (like AI programming) and low-skill jobs (like game testing and movie reviewing).

Moreover, AI requires vast amounts of user-generated data for training, and a large consumer base is a crucial factor for innovation in the AI era.

The advancements in technologies like AI mean that humans can create more goods and services with less working time, which is a boon for humanity. If AI makes humans or the population redundant, it indicates a problem with the work and social distribution systems that need improvement, focusing on how to better allocate goods and services to everyone.

 

Related News:

Paul Chan emphasizes HK's strengths in financial services, inno & tech, as well as efforts to green, sustainable finance

US Department of Justice urges Google to sell Chrome in antitrust move

Tag:·job market· AI· human brain· industries· automatic

Comment

Opinion
More >>
Opinion | 'Building Bridges'- How North Korea went from isolated pariah to strategic counterweight Since 2014, a "new" bridge has stood on the Yalu River between Dandong in China and Sinuiju in North Korea. This massive white spired bridge, built by Chinese engineering, was intended to deepen economic integration between the two Communist neighbours, having previously relied on the very small, Japanese Imperial-derived railway bridge known as the "Sino-Korean Friendship Bridge." The new bridge was thus to be revolutionary, yet for reasons entirely related to the North Korean side, it didn't open.
Tom Fowdy
2026.10.16 14:00
Opinion | Behind the double 'World's No. 1': How world-class hospitality is forging a new chapter for HK tourism Bar Leone in Central, Hong Kong, was crowned the world's best bar for the second consecutive year. Barely three weeks earlier, Rosewood Hong Kong likewise retained its No. 1 ranking, becoming the only hotel to successfully defend the title since the list was founded. Bars and hotels are two mirrors of the hospitality industry. That both "world's best" titles have fallen to Hong Kong in the same year is no coincidence—it is an objective affirmation by international professional juries of the city's service standards and business environment.
Kevin Lau
2026.10.15 09:25
Opinion | Here's what Trump's Russian diesel ploy is all about US President Donald Trump has provoked outrage by announcing a plan to import diesel from the Russian Federation. The plan, widely condemned by allies and other American politicians, is a slap in the face to the massive sanctions imposed on Moscow by Washington following its invasion of Ukraine in 2022.
Tom Fowdy
2026.10.14 18:00
Opinion | Asian Games: HK demonstrates its prowess Tony Kwok says city's success demonstrates merits of the "one country, two systems" policy
Opinion
2026.10.11 10:53
Deepline
More >>
Deepline | Canton Fair: HK's 'super-connector' role helps mainland exporters win overseas orders The 140th Canton Fair opened in Guangzhou on Oct. 15, with Hong Kong leveraging its role as a "super connector" to help mainland exporters secure overseas orders, enter emerging markets and expand global R&D. Companies cited Hong Kong's international networks, innovation ecosystem and financial and aviation hubs as key advantages.
Deepline
2026.10.16 11:13
Deepline | Shenzhen, HK step up preparations for APEC 2026 with enhanced connectivity and services Shenzhen and Hong Kong are stepping up preparations for the 2026 APEC Economic Leaders’ Meeting on Nov. 18-19, with upgraded transport links, cross-border data cooperation, improved payment services and multilingual support for overseas visitors. Shenzhen's trade with other APEC economies reached RMB 1.98 trillion in the first half of 2026, accounting for nearly 70% of its total foreign trade.
Deepline
2026.10.15 15:31
Deepline | 1 in 10 claim social benefits: US media says welfare system is crushing Britain Ahead of UK Chancellor Healey's first budget for the Burnham government, Britain's troubled welfare system has once again become a media focus. The Wall Street Journal said in an article on the 11th that the UK's welfare system is "crushing" the country.
Deepline
2026.10.14 17:30
Deepline | HK attracts global fashion names as KIM JONES picks city for first flagship store Hong Kong's unique role as a gateway connecting the Chinese mainland with the rest of the world is making it a preferred destination for international brands seeking to expand their presence in Asia. KIM JONES, the eponymous fashion label founded by renowned British designer Kim Jones OBE, is set to open its first-ever retail flagship store in HK in the second half of 2027, signalling international brands' confidence in the city's core commercial districts, consumer spending power and role as a global gateway.
Deepline
2026.10.14 13:35
Hong Kong
More >>
Chill Night Market 4.0 comes to Kowloon City, Oct. 23–25: Yingge dance and Qiaopi culture zone The "Chill Night Market 4.0" will be held from Oct. 23 to 25 at the football pitch of Carpenter Road Park, Kowloon City. The event will feature a Qiaopi culture zone, Teochew culture workshops and a specialty market, plus a Yingge dance troupe from the mainland and Teochew dishes from local restaurants.
Hong Kong
2026.10.17 11:04
Watch This | HK ranks world's freest economy: Lau Chi-pang says HK's leading position benefits from 'One Country, Two Systems' Hong Kong continues to be rated as the world's freest economy in the Economic Freedom of the World 2026 Annual Report released by the Fraser Institute on Oct. 6.
Hong Kong
2026.10.16 19:00
Connecting Dots | Residents eager to try Redeveloped Huanggang Port The rebuilt Huanggang Port officially opened on Oct. 12, introducing a new "co-location" arrangement and a "Collaborative Inspection and Joint Clearance" model.
Connecting Dots
2026.10.16 18:02
iPhone Duo pre-orders open tonight, screen repairs can cost HK$8,749 Apple's new foldable iPhone Duo will be available for pre-order in Hong Kong from 8 pm on Friday (Oct. 16), with prices ranging from HK$17,499 for the 256GB model to HK$27,999 for the top-end 2TB version, making it the most expensive iPhone to date. Its foldable inner display also comes with a hefty repair bill. According to Apple HK's estimated repair service fees, repairing a damaged inner display after the warranty expires will cost HK$8,749—equivalent to about half the price of a new iPhone Duo and more than the starting price of a brand-new iPhone 17, which costs HK$7,799.
Hong Kong
2026.10.16 17:35
World
More >>
Indonesia's Mount Semeru erupts more than 40 times in a week Mount Semeru in East Java erupted at 10:42 a.m. local time on Friday (Oct. 17), sending an ash column about 1,000 metres into the air in an eruption lasting about 137 seconds, according to the Centre for Volcanology and Geological Hazard Mitigation.
World
2026.10.17 13:32
One month to go: APEC CEO Summit 2026 to help promote cooperation and prosperity The APEC CEO Summit 2026 will be held in Shenzhen, Guangdong Province, China, on Nov. 17 and 18, with one month to go before the region's top business and government leaders gather to chart a course for Asia-Pacific prosperity.
China
2026.10.17 12:17
IOC shuts down 12 standing commissions: Switches to smaller expert working groups The International Olympic Committee (IOC) announced on Friday (Oct. 16) that it is closing 12 of its standing commissions, covering areas including human rights, gender issues, sustainability, technology, athletes' entourage, and digital engagement. The committees will be replaced by small expert working groups set up on an as-needed basis, leaving the IOC with 19 commissions after the streamlining.
World
2026.10.17 10:57
Watch This | HK ranks world's freest economy: Lau Chi-pang says HK's leading position benefits from 'One Country, Two Systems' Hong Kong continues to be rated as the world's freest economy in the Economic Freedom of the World 2026 Annual Report released by the Fraser Institute on Oct. 6.
Hong Kong
2026.10.16 19:00
More
More >>
Caricature: Allied trade tensions grow as EU weighs risks of becoming Washington's next target The United States has escalated a tariff dispute with Canada, triggering fresh concerns over trade tensions among close Western allies and adding pressure on partners that could be caught in the crossfire.
Dot Dot Pic
2026.09.27 18:10
Journalist's View | He gives a thumbs-up 'you are in great spirits': Truly understand what it means to stand with HK I’ve lost count of how many times I’ve met the Chief Executive, John Lee.
Editors' Pick
2026.09.18 15:55
Journalist's Hands-on Experience | On the road to Xizang's disaster zone A reporter travels from Dingri County to the front line of the landslide-hit Gyirong Port in Xizang, witnessing rescue vehicles rushing through rain and fog after National Highway 216 was largely reopened. Along the 260-kilometer journey, the reporter speaks with local residents and rescue workers about worsening weather, helicopter operations and ongoing search-and-rescue efforts, before reaching the junction of National Highway 216, where access remains restricted to rescue vehicles.
Editors' Pick
2026.09.03 12:13
Journalist's View | There's no such thing as a 'Caotai Team' — It's just another way to encourage innovation On May 25, Chinese novelist Yu Hua posted a short video on social media titled "What Is a Caotai Team?" In the clip, Yu and three very different people shared their stories: a 16-year-old middle school student who taught himself documentary filmmaking; a food delivery rider who has been delivering for eight years while writing for 38 years and is now known as a "delivery poet"; and a young man from a small town who builds model airplanes by hand.
Editors' Pick
2026.05.29 19:06
Click for more
< Go back
Search Content 
Content
Title
Keyword
New to old 
New to old
Old to new
Relativity
No Result found
No more
Close
Light Dark