Is Technology Going to Take your Job?

With the explosion of big and not-so-big data there has been an explosion in research on ways in which to use that data. One of the avenues of exploration has been in the area of artificial intelligence, where the capabilities of machines to emulate human behaviour is growing. For example, in the areas of professional services, like accounting and law, new software tools combined with the availability of massive amounts of data are making it possible to increase the numbers of evidence-based decisions as opposed to judgmental decisions. This in turn eliminates or reduces the more routine roles.

There is a long history of machines replacing human endeavour, and it is clear that this trend will if anything accelerate with the growth in the capabilities of technology.

"A 2013 study by researchers at Oxford University posited that as many as 47% of all jobs in the United States are at risk of “computerization.” And many respondents in a recent Pew Research Center canvassing of technology experts predicted that advances in robotics and computing applications will result in a net displacement of jobs over the coming decades – with potentially profound implications for both workers and society as a whole." (Pew Research Website)

Interestingly a majority of those surveyed said there own job would still exist in future.

For more on this trend, you can click on this link.