The question “Will technology take over jobs in the future?” has been a thought that has long been lingering in the minds of the people. With the advancements seen in Robotics and Artificial Intelligence (AI), the question gets asked more frequently.
Several innovations have been formed and are continuously evolving, making people's lives easier and everything convenient. The digital age becomes more and more real as we experience these day-to-day changes.
The occurrence of the COVID-19 pandemic has greatly amplified the digitization of several business processes. A lot of businesses have acquired smart machines that require less managing and allow faster transactions which have, unfortunately, resulted in some people’s fear of losing their jobs.
Banking and financial transactions, shopping, healthcare services, etc. are areas that have been greatly enhanced by technology during the pandemic.
Will technology really replace jobs in the future? Let’s find out.
As reported by the World Economic Forum (WEF), AI and technology in general, should not be feared as it will eventually generate more jobs in the near future. It would require reskilling and upskilling of the workforce for them to be able to adapt to the fast-changing environment of the corporate world.
In their recent study, new jobs will transpire in the year 2025.
Humans and AI are likely to work hand in hand in the future. This goes to show that having advance technology present in the workforce does not imply the loss of job opportunities. There will eventually be a balance between humans and AI in the corporate environment.
According to Forbes, 30% of tasks are currently done by machines. But a 50-50 balance between humans and AI is likely to occur in the year 2025.
It is safe to say that the innovations in technology are quite intimidating. Nonetheless, it will create a more efficient work process for businesses.
To be able to cope with the changes brought about by technology, there is a need for businesses and schools to upskill their people. Investing in people is one of the best strategies in this fast-paced era of technology.
Technology will take over some jobs in the future but will also generate more in the coming years.
There is continuous development in the programs that universities and colleges offer. Courses that were not offered before have slowly begun to spring up in the past couple of years, allowing you to specialize in e.g. digital marketing, business analytics, game development, and many more. The existence of these new and evolving programs in schools generates opportunities for career growth.
We have spent too much time worrying about whether this technology would take over jobs, not realizing that they’re becoming a reality. Markets are starting to be manned electronically. People are starting to pay digitally without having to do any physical transaction. The world’s still running despite so, and humanity is adapting more efficiently than ever before.
Still, it is a debatable subject but everyone also knows that change is inevitable. This is something we will eventually have to live with and adapt to—just like we have always been doing.
It’s not all that threatening if we look at the facts and the benefits that these innovations will bring.
Do you think your job is at risk of being replaced by a robot or a machine? Share your thoughts with us by commenting below!