-FUTURE OF WORK-
WILL YOU LOSE YOUR JOB TO AUTOMATION? FIND OUT TODAY
In the world of software and computer automation, our lives have never been easier than they are now. Algorithms are specifically designed to understand your personal preferences, code is implemented to gauge your media consumption and web applications make ordering food take less than a few seconds — what more could we ask for?
WHO REALLY BENEFITS FROM OUR CONNECTED WORLD?
Are we comfortable with knowing that our genetic components are being collected, monitored and examined around the clock? What will health insurance look like when the companies have access to your biological data and even your DNA profile? Is society willing to trade all of their personal interests, shopping statistics, conversations and browsing history so marketing agencies can sell us customized stuff we most likely do not have a need for?
Major platforms like Facebook, YouTube, Snapchat and a plethora of other social-media companies already do this with their customer data.
Are we slowly seeing the ramifications of putting technology at the forefront of our endeavors and trading our hard-earned privacy for comfort and convenience?
THE FUTURE OF MANUAL LABOR
What about the individual, or family, that works a manual-labor job just to provide an income for their loved ones? According to recent statistics that broke down the intricate details of the blue-collar force within the United States, nearly two-thirds of the population qualifies as “working class.”
When we look at these numbers and try to extract what the future holds, something becomes alarmingly clear: these people will suffer going into the future.
“Will blue-collar workers need to hang up their hats?”
IT’S LIKELY THAT JOB IS AT RISK OF AUTOMATION
An interesting piece released by the University of Oxford dove into this topic to understand just how many jobs were at risk of being rendered irrelevant with the implementation of robots and intelligent AI design.
According to their research, upwards of 47% of the job market will feel the pressure from outside technology that could remove their hold within their respective marketplaces.
WHO GETS CANNED…
Creating a piece of machinery that can work twenty-four seven, lift thousands of pounds and move twice as fast as a human is revolutionary, but it also means that millions of people will inevitably suffer.
As the ancient Greeks so elegantly phrased it, “our glory walks hand-in-hand with our doom.”
AT LEAST KNOWLEDGE WORKERS ARE SAFE, RIGHT?
While it is true that there are many things that Artificial intelligence is not yet capable of (and some that it may never be capable of), the truth is that there are very few professions that will be left unscathed by the growing reach of the new wave of intelligent technology. We are already beginning to see the first ripples of the tidal wave of change that is set to sweep across almost every industry we have.
“Many financial professionals could soon be
Trading places”
AUTOMATIC MONEY MAKING MACHINES
It turns out that intelligent algorithms are well suited to the financial industry and have been put to work making trades within the financial market and outperforming humans. Major news outlets are already reporting that financial giants, such as Merrill Lynch and Goldman Sachs, use machine learning as a means to get ahead of trades in a fraction of the time of their competition.
Speed, specifically when applied to the cut-throat world of trading stocks, bonds and currencies, places you in an advantageous position compared to human-operated firms. This speed has essentially changed the way many organisations look at trading. It was discovered that machines that are able to buy and sell stocks at speeds that were not previously possible, are able to generate their owners millions of dollars as the small profits are skimmed off of multiple trades.
The downside of all this, as will be the pattern, is that those individuals whose livelihood was made in the markets, are slowly being replaced by machine counterparts.
MAJOR DISRUPTION AHEAD FOR OUR PROFESSIONALS
The neural network was able to outperform the professionals in the research, missing fewer melanomas. It will not be long before these professionals will find themselves using these technologies more and more – patients will demand it.
Tests like this seem to be happening all over the medical world and all with similar results and the changes are not limited to just this sector. Artificial intelligence is set to revolutionize almost every industry, all at different speeds and levels of disruption. Whichever way we look, we see technology making its first ripples of change throughout our industries:
Healthcare, agriculture, customer service, retail, manufacturing, logistics, professional services – there doesn’t seem to be many areas that will be unaffected. How much of this change will benefit individuals in their roles by increasing productivity and effectiveness and how much of it will result in automation and redundancy, is anyone’s guess.
PUBLIC WARNINGS
The future of our careers, as it seems, is being traded for short-term gratification that turns over profit and reduces production costs, but we fail to see long-term ramifications for this trade-off.
A large proponent against the implementation of AI and robotics is Elon Musk — founder of PayPal, Space X, Tesla and Solar City.
Musk warns of the potential risks that AI brings if it is not properly regulated and is not the only public figure racing concerns.
However, while we do have respected entrepreneurs and theoretical physicists voicing their fears, there are also many scientists working on the front line with these latest deep neural networks who believe these fears are unfounded and the views expressed, unhelpful.
“It’s no longer a question of ‘if’ your profession will be affected,
it’s just a question of when…”
“We all have a countdown clock, we just can’t see it”.
Day(s)
:
Hour(s)
:
Minute(s)
:
Second(s)
KEEPING YOUR JOB
Instead, readers should be aware of their strengths and pursue a level of sophistication within their profession that cannot be outsourced to a robot or algorithmic repetition. In a general sense, be so good that they can’t replace you.
For instance, areas of social work that pertain to a patient’s feelings, emotional intelligence, psychiatric history and behavioral patterns will flourish in the robotic realm.
In fact, the Bureau of Labor Statistics projects that job creation within social careers will propel over 16% in the next decade with promising availability and competitive pay.
THEY DON’T HAVE AN APP FOR THAT!
The underlying component that all of these career paths share is, without a doubt, the element of “humanness” required to perform the tasks at hand. Robots and software cannot replicate the intuition and touch that a human can provide.
PLAYING TO OUR STRENGTHS
For those of you that wish to remain relevant in the future, focus on being profoundly human and becoming talented within your field of expertise.
Although the AI forecast may sound like a doomsday prediction, technology is created by humans just like you and I. When we acknowledge this aspect, we realise that we are not all doomed to an end-of-all-jobs dystopian future – rather we have the power and responsibility to make our technological future a utopian one.
Remember that while we have built artificial intelligence that is able to beat our greatest champions at our most intellectually challenging games like chess and Go, technology is still struggling to master some of the most basic skills we humans learn as children.
JOIN UNREPLACEABLE
Free activities and tips on how to future-proof your child
We are now Live on Kickstarter.
Help us bring our Futureproof
Activity Cards to life.
These cards are an important addition to every child's learning and a fun way to teach 5-12 years old's the skills needed to be successful in the world of tomorrow.
HAVE AN OPINION? SHARE IT BELOW…
TEACH THEM TOMORROWS SKILLS, TODAY
MORE FROM OUR BLOG
8 SIMPLE WAYS TO RAISE A LOGICAL AND RATIONAL THINKER
THE 10 BEST HOMESCHOOLING CURRICULUMS AVAILABLE TODAY
15 WAYS TO SPARK YOUR CHILD’S CREATIVE THINKING
HOW TO RAISE A CREATIVE THINKER
LEARN THE FUTURE SKILLS TO PREPARE YOUR CHILD FOR TOMORROW
OUR SCHOOLS MAY BE EDUCATING OUR KIDS INTO A JOBLESS FUTURE
Futureproof Your Child
Subscribe for FREE to get updates and useful tips on preparing your child for tomorrow.
0 Comments