Workers are divided over whether AI will threaten jobs – or help them become the boss | City & Business | Finance

More than a quarter of worried Brits believe artificial intelligence could take over their job within the next five to ten years – but far more believe it could make them entrepreneurs. A poll of 2,000 full-time workers found that 26 percent worry their careers may soon be impacted, thanks to the ability of AI to carry out admin tasks in a flash, and create words and images that are near impossible to distinguish from human work.

However, nearly seven in ten (69 percent) optimistically believe the rapidly evolving tech could boost their chances of starting their own business.

Of these, 42 percent reckon AI would make it easier to launch a company by cutting admin time – while another 38 percent think it could help them develop their idea or product.

And almost half (46 percent) of respondents, polled by Oneday, say they have already started using AI tools, like ChatGTP, in their current roles.

The educational tech platform, which carried out the new research, believes the optimists are right, and using AI to take over routine, knowledge-based roles will create more opportunities for humans in the long run.

It predicts AI will “allow humans to focus less on admin tasks, and more on providing creative solutions to the world’s issues”.

And it expects entrepreneurship to rise as AI breaks down barriers to starting a business – for example, by reducing start-up costs and streamlining important parts of the business.

However, of the respondents who fear for their jobs, their concerns have been reflected in previous data – with a recent report by investment bank, Goldman Sachs, estimating that AI could replace the equivalent of 300 million full-time jobs globally.

But this is not the only issue getting in the way of would-be entrepreneurs launching their own company.

The Oneday survey revealed that one in three (34 percent) admit they are held back by a lack of confidence, or not knowing where to start (34 percent) – while 54 percent were hindered by a lack of funding.

To help people take the plunge, Oneday is launching a platform that allows students to create their own cash-generating business, while earning a fully accredited MBA degree at the same time.

It will be overseen by ex-dean of Harvard, Stephen Kosslyn, and during the 18-month programme, students will receive one-on-one advice from an entrepreneur earning a seven-figure salary.

Ranbir Arora, founder and CEO of Oneday said: “It’s clear to see that AI is fundamentally taking over routine knowledge work jobs – and at Oneday, we see this as an exciting opportunity to reposition our society into solving new problems for humanity through creating new businesses.

“Our mission is to provide what the current education system currently doesn’t – practical, real-world experience that will teach entrepreneurs the necessary skills they need to take on the modern business world.”

Oneday has so far helped over 2,000 students build their businesses. For more information, visit here.