The rise of AI is creating both excitement and anxiety in the workplace. AI is no longer a concept; it’s a present reality that’s transforming how we work. A McKinsey report estimates that by 2030, AI automation could impact up to 30% of the global workforce.
One of the most significant challenges today is “FOBO” or the “fear of obsolescence.” This anxiety, driven by the fear that AI might render jobs obsolete, is real and pervasive. A recent Gallup poll revealed that over 20% of workers in the U.S. are experiencing FOBO, particularly older employees who may not be as familiar with new technologies.
In an already tight job market, imagining a computer taking over your role adds another layer of stress. Job security and feeling a skills gap are among the biggest concerns. An anxious, stressed employee worried about being let go cannot deliver optimum results. Anxiety leads to further issues such as irritation, muscle pain, sleep disorders, fatigue, burnout, and a feeling of helplessness.
As leaders, it is our responsibility to address these fears. The solution is not to compete with AI but to collaborate with it. Upskilling is crucial. Employees need to understand that while AI can handle many tasks, human insight, creativity, and decision-making are irreplaceable. AI’s output quality depends heavily on human input.
Moreover, as work becomes more automated and remote work continues, there is a risk of overburdening employees, leading to resentment. To prevent this, leaders must foster a workplace culture that values transparency and collaboration. HR and management roles are more critical than ever. We must acknowledge the evolving job landscape and understand that AI will create new roles, redefine existing ones, and phase out others. By training employees in the latest technologies, companies can thrive in this new era.
In the age of AI dominance, managers must establish transparent communication with employees and address the elephant in the room: AI should not be feared but embraced. Upskilling and reskilling programmes are key to helping employees feel motivated and relevant. Counselling programmes can effectively address the anxiety stemming from job security concerns. It’s crucial to ensure that employees feel valued; otherwise, the stress can become overwhelming.
The future of work lies in recognising the strengths of both AI and human intelligence. It’s not about racing against AI but working alongside it. The mantra for moving forward is simple: Recognise, communicate, upskill, and evolve. By embracing this approach, we can ensure a healthy, dynamic workplace where both technology and people thrive together.