Even though it may be a controversial issue of ethics and is where the debates began with our American jobs going overseas, it is overall cutting the means of costs for businesses and leading lower costs for spending, says, Local Records Office from Pekin, Illinois. The idea of helping out our economy is by providing jobs in labor and that is exactly where America is not headed.
Technology will have the biggest effects in our labor market in the coming years. And increasingly will replace jobs in both the blue and white collar fields. This includes jobs of plumbing, chef, to a personal shopper. Garry Fissman, a Freelancer says, “47% of the working population might be under threat from robots in the next 20 years.” In a community college in New York, 12 cafeteria workers lost their jobs to be replaced by self-serve machines. And this is a major concern for all jobs related to manufacturing, food service, and retail trade sectors.
Though Malcom Frank, an author of What to do When Machines do Everything points out that there is a broader context where there’s room for optimism, and point out the 1800s when nearly 80% of our U.S. labor was focused on agriculture and how today it is about 2%, yet we saw growth in entirely new industries and entirely new jobs. He adds that “fields growing today include computing and data science, according to experts.”
Though, Frank indicates that we are seeing computers also help corporations make financial decisions, as IT companies are managing cybersecurity. Goldman Sachs replaced nearly 600 equity traders with software and 200 computer programmers.
Yet as self-service kiosks become much cheaper, it also has to test how consumers will feel about ordering from a tablet. However, with minimum wage on the rise, “it might drive technology adoption to be much quicker.”
Bill Gates, the co-founder of Microsoft had an interview with Fox Business and discusses how AI will give us more time. He states, “there will be challenges because the rate of change will be faster in the next 20 years than it’s been before” and as far as he sees, it will be a net positive for everyone.
With Amazon’s new trial technology that could eventually eliminate the jobs of cashiers as the new cashier-less grocery store uses AI to track what customers are putting in their baskets then charges as they leave, with no checkout required, the new store does however, employ human workers to help workers and help customers, as well as restock shelves.
When society is able to make food, homes, and consumer goods it needs than workers should be able to relax and focus on other interests, states Gates.
As automation mechanized robots are predicted to eliminate 6% of the jobs in the U.S. in the next 5 years, it not just low-wage jobs that have employees worried. High skilled, knowledge-based jobs such as legal and accounting can also see their jobs decimated in the next decade.
And it is a wise decision on the parents’ part to steer their kids clear of the future and how future jobs will be challenged.
1. Insurance Underwriters and Claims Representatives are being replaced by AI systems already in Japan, Fukoku Mutual Life Insurance reported 30 medical insurance reps were replaced, reports the Guardian. The software can “analyze and interpret all of your data, including unstructured text, images, audio, and video” better and much faster than a human, which is drastically faster and reduces the time needed to calculate Fukoku Mutual’s payouts, according to a company’s representative.
2. Bank Tellers and Representatives are likely to be cut off by AI, reports CNBC. AI will be able to take over the human-based teller jobs of opening accounts, and processing loans at a fraction of the cost and time that normally takes a human employee. “The ATM of tomorrow is going to replace the teller,” explains Andy Mattes, a CEO of the financial software company Diebold. “It can do approximately 90% of what the human being can do, and it’s going to be your branch in a box.”
3. Financial Analysts were once thought of as an indispensable company, where institutions adjust portfolios and can potentially make billions. Though the AI software has no competition and the financial analysis software can read and recognize historic trends in historical data to predict the future market moves. These financial analyst jobs are predicted to get the worst hit in the estimate of 30% of banking sector jobs lost to AI from the next 5-10 years.
4. Construction Workers are manual jobs that are also under threat by automation. The robotic bricklayers will be soon introduced to construction sites and will enable machines to replace 2-3 workers each, reports Technology Review by using a SAM (Semi-Automated Mason) that lays 1,200 bricks a day, compared to 300-500 that a human can do. The use of SAM reduces the need for 3 other bricklayers required for the job. Other jobs, like crane operators and bulldozer drivers, can also expect to see AI-controlled machines fill their positions in the next decade.
5. Inventory Managers and Stockists will be replaced by robots, such as one robot called the Tally, designed to audit shelves for out-of-stock items, misplaced items, and pricing errors, reports Inverse. Tally roams around the aisles and has multiple sensors to scan shelves, and alerts human staff of its findings.
6. Farmers are being replaced with everything that AI robots can do, from milking cows to pulling lettuce. The family-owned dairy farm in Germany was the first to install Voluntary Milking system robots where it allows cows to walk up to machines at their leisure when they are ready to be milked, reports Modern Farmer. More than 1 million of U.S farmhands jobs have the possibility of being replaced by intelligent machines, reports Quartz.
7. Taxi Drivers within the next 10 years will have fleets of self-driving taxis and will be a lot less expensive with its profits much greater, as the service wouldn’t be “paying for that other dude in the car” Uber’s CEO says.
8. Manufacturing Workers will be depleted humans in the workforce, as it’s already happening with Foxconn, the manufacturer who makes everything from iPhones to Xboxes, has recently replaced 60,000 workers with robots.
9. Journalists will start to deplete, as it turns out writing is not a problem for AI. In 2014, the Associated Press started using the intelligent software to write quarterly earnings reports. And up to 3,000 reports are being written every quarter, the Verge reported.
10. Movie Stars as robots appear as actors in the Star Wars film, it is possible that there will be fewer jobs for movie stars in the future as both sides embrace the CGI resurrection technology.
The NPR gathered data and created a database of what jobs will likely be taken over by robots. As the easiest jobs to replace, would be telemarketers, and the toughest jobs that require cleverness, negotiation, and the constant interaction with humans.
1. Occupational therapists (OTs) have a 0.3% chance of being automated because OTs help improves people’s ability to improve their daily living and working environments. They work for clients that are having conditions mentally, physically, developmentally or emotionally disabling, that require a professional of human interaction.
2. Dentists with a 0.4% chance of being automated are hard to place because of the various aspects of their jobs, and one is communicating with patients.
3. Physicians and Surgeons also at a 0.4% chance of being automated are pretty safe, according to Oxford University. There are legal issues with putting a patient’s life in hands of a medical robot that may malfunction or make a bad decision.
4. Elementary School Teacher has a 0.4% chance of being automated because the chances of robots teaching subjects that a computer will not be able to teach subjects in a subjective manner are rather questionable.
5. Mental Health and Substance Abuse Social Worker with a 0.4% chance of automating because it too requires a lot of interaction directly with patients.
6. Oral and Maxillofacial Surgeon with a 0.4% chance of automation has elements of healthcare because robots are not able to make a tough decision from bedside manner to incomplete patient data and dealing with human psychology.
7. Dietitian and Nutritionist are at a 0.4% chance of being automated. Healthcare jobs that more likely being automated include hospital delivery and pharmacy technicians.
8. School Psychologist professions are where human touch feels safer and where working robots may not be soothing at a 0.5% chance of being automated.
9. Medical Scientist has a 0.5% chance of being automated because their purpose of discovering new methods requires running clinical trials, interviewing patients and going through patients medical histories.
10. Computer Systems Analyst has a chance of 0.6% of being automated and this job requires near-constant collaboration and for robots is near to impossible to perform. The computer system analysts need to tailor to technology at hand, and the job is never the same.