Sunday, May 10, 2020

The Future of Automation and Your Job [INFOGRAPHIC]

The Future of Automation and Your Job [INFOGRAPHIC] Automation and Your Job Have you thought about what you can do to make yourself indispensable. This question is becoming more difficult to answer as we look at advancements in automation and artificial intelligence. While no one knows for sure how new technology will impact the future, many experts have made predictions. Its especially important to note what skills are important for you to master to decrease the odds of being replaced. I hope you pay special attention to these skills and make it a priority to develop them! We experienced the downsizing and outsourcing trends and next, well have to face the automation trend. In fact, it has already started to impact our lives, so now is a good time to learn more about the consequences. Automation and Your Job Deloitte reports on automation and its impact on the workforce. Business process  outsourcing autonomics Show me the money! says: Autonomics â€" a new era in outsourcing? The term “autonomic” describes systems which are designed to perform routine tasks and operations performed by humans. The technology interfaces with existing applications for processing transactions and triggering responses. Now combine Autonomics with artificial intelligence (cognitive technologies) and well either see 33-47% of  jobs disappear or the creation of new jobs. According to Deloitte: A widely cited recent analysis by researchers at the University of Oxford is an example of the dark side of the debate. The study estimated that 47 percent of total US employment is “at risk” from computerization over the next decade or two.2 Gartner Group, an information technology research firm, takes a similar position, forecasting that “one in three jobs will be taken by software or robots by 2025.”3 Three Gartner analysts have offered a starker “strategic planning assumption:” “By 2030, 90 percent of jobs as we know them today will be replaced by smart machines.”4 What Jobs  Are Safe? Jobs that rely on repetitive and routine tasks are at risk. Deloitte says: On the other hand, the skills required to perform broadly or loosely defined jobsâ€"skills such as common sense, general intelligence, flexibility, and creativityâ€"and those required for successful interpersonal interactionsâ€"such as emotional intelligence and empathyâ€"are likely to become relatively more valuable. INFOGRAPHIC KEY POINTS Though the data in this infographic is about the  UK,  it wont be all that different in the US. Thanks to my friends at NeoMam for sharing this infographic! Skills less likely to be computerized: Originality Fine Arts Social Perceptiveness Negotiation Persuasion Assisting/Caring for Others Odds of Machine Doing Job | Pokerstars.com

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