Skip to main content

Academy of Management Today

By Nick Keppler

About one in four Las Vegas residents works in the gaming and hospitality industries. For all these servers, hotel workers, and game operators, the odds of career stability are not good, according to some researchers. A recent report from RCG Economics predicts that 80% to 95% of hospitality jobs will soon be at risk from AI and automation.

These are not even the jobs most vulnerable to AI replacement. A recent Microsoft report placed interpreters and translators, historians, transportation passenger attendants, sales representatives for service companies, and writers/authors at the top of a list of the most at-risk professions.

For anyone looking to enter professions susceptible to AI substitution or automation, Academy of Management Scholar Thomas Hutzschenreuter of the Technical University of Munich has simple advice: don’t.

“If you are early in your career, you should be aware that the AI wave disrupting many professions and career paths is underway,” he said. “That’s the most important point.”

Hutzschenreuter has children. He said, “I would forbid them from doing what we call here in Germany vocational training for the banking industry. This includes both junior banking positions such as analysts but also university majors specializing in banking.”

Hutzschenreuter singles out such administrative careers as non-options. Jobs that require brain power and specialized knowledge but are repetitive and organizational will soon be completely overtaken by AI and phased out, he said.

“We speak of a wave where machines and AI algorithms take over administrative human work,” he said.

Yet he said he still encounters people studying to enter or actually working in those fields, which once provided relative job security and career stability, who were “completely naïve” and oblivious to the ongoing upheaval caused by AI and automation.

“They dream of a job that has existed for decades but that will not exist anymore.”

Categories: AI, Careers, Technology, HR

Author

  • Nick Keppler

    Nick Keppler is a freelance journalist, writer, and editor. He has written extensively about psychology, healthcare, and public policy for The New York Times, The Washington Post, Slate, The Daily Beast, Vice, CityLab, Men’s Health, Mental Floss, The Financial Times, and other prominent publications (as well as a lot of obscure ones). He has also written podcast scripts. His journalistic heroes include Jon Ronson, Jon Krakauer, and Norah Vincent.
    Before he went freelance, he was an editor at The Houston Press (which is now a scarcely staffed, online-only publication) and at The Fairfield County Weekly (which is defunct).
    In addition to journalism, he has done a variety of writing, editing, and promotional development for businesses and universities, including the University of Pittsburgh and Carnegie Mellon University, and individuals who needed help with writing projects.

    View all posts
Click here for sharing