Since the beginning of the industrial revolution, fear of automation has been on the rise. The alarm that Artificial Intelligence and Robots will automate many jobs has been growing as technological development quickens. As per the study conducted by Oxford University, 40-50% of US jobs could be automated in the next 20 years, and many people are worried that they could lose their jobs. Research from Betway has helped illustrate areas most at risk for robots taking over.
Redeploying Skilled Labor
The impact Robots and AI will have on jobs will depend on the industry. There’s a possibility that even though we’ll be facing a new migration of worker disuse, we may be entering into a more fulfilling, productive and new era of employment and work. Robots are best suited for tasks that are very repetitive and dull for employees. Experts say using AI and robotics to handle regular tasks frees up skilled human laborers for more fulfilling and challenging work, including programming robots to take on some of their work.
How well are we coping with the impact of technology on work so far?
The sort of thing we’re most worried about in the job markets is that there are a lot of middle-class jobs that provide a feasible income threatened by robots and AI; the mental routine jobs and that whole sort of drape of middle management jobs that I think could be automated. I think that’s a big threat. I do worry that you’re going to see the number of people doing these jobs decline and the people still doing it won’t see their earnings increase very much.
A wave of panic has grasp different industries owing to the belief that embracing robots and AI will lead to the loss of jobs. What they fail to recognize that jobs are different from tasks, and the two are not synonymous. So, the implementation of robots and AI in various fields will, of course, disrupt the traditional work structure, but that’s because tasks will get automated rather than jobs. AI and robots will help increase the productivity of numerous jobs. Many of the jobs that will go will be low and middle-level positions, but these will make way for millions of new aspect ranging from low-skilled, entry-level positions to managerial roles too.
Who Holds The Reins
The transition towards an automated world could bring huge benefits, but whether or not robots and AI is an influence for social good depends on who commands the terms of this modern shift. A lot relies on how the process of automation occurs and who gets to make the decisions about what gets automated. It’s clear that right now, those with the power to create the narrative of an automated, post-work world are the tech giants currently racing to be at the cutting edge of the AI revolution. And this sets a dangerous criterion for the future of society.
So, Will Robots Take Our Jobs?
The improvements in technology will impact human labor no longer in use in certain job sector within the next 20 years. Will your job be automated? The likelihood is high; but the bright side is that there are skills that humans can develop that AI, robots or software can never replace or steal.