Forbes magazine predicted in 2016 that the biggest changes in the IT sector in 2019 will be in the field of automation. Making the prediction a reality, automation has increased world over at a steady rate and continues to do so. But what is an automation and how does it matter to us students and future job seekers?
Automation can be defined as the technology, which makes it possible for a particular task to be completed without any direct human assistance. It is a process that has been taking place gradually ever since the industrial revolution, which was started in England back in 1760. However, in the last decade it has increased exponentially. Automation goes hand-in-hand with artificial intelligence or AI. AI research is the study of “intelligent agents”. AI, when applied to a device, helps it perceive its surroundings and act accordingly to increase its chances of success towards a particular goal. It is used extensively in IT companies, production units, military and weapons systems, mobile phones, etc. so, when put together automation and AI makes human life very comfortable. But each and Every thing in this universe has it’s pros and cons, so why should an automation be any different.
With the increased need and usage of machinery and software, comes the decreased need of human labour. As a result of this, many individuals lose their jobs to a faster, more efficient and most importantly cheaper robots. Over 35% of the current jobs in the world are threatened by AI. Contrary to popular belief, it is not just daily wage factory labourers who lose their jobs to AI and robots. Many white-collar jobs are majorly threatened due to artificial intelligence. Experts predict that in the near future more than 70% of white-collar jobs have a risk of being replaced by AI. Legal and insurance firms in particular might take a huge hit.
All this makes it very clear that in the coming times getting a job will be a lot more difficult and careers will depend on the quality of ones work. In the long run, jobs won’t be lost on the whole, only the demands and types of a job will change. Becoming tech savvy will be the only way to survive. Being the best at what you do will have a whole new importance. As businesses expand, people will have to adapt to new working conditions. With our history books telling us that the industrial revolution increased production growth by 5 times and income growth by 10 times, one can only imagine the changes that we will see during and after the RISE OF THE ROBOTS!