Technology evolution is not slowing down. While many organizations are struggling to keep up, significant changes in the workplace are beginning to take place today, and professionals are feeling the impact. Automation, virtual reality (VR), augmented reality (AR), you name it, it’s happening.
With rapid developments across science, technology engineering and communication, technology has brought upon a new industrial revolution, or “second machine age,” that will greatly influence jobs across sectors as well as roles within the home. The rise of advanced tools and skills leaves many unanswered questions for the future; however, it’s clear five major changes are bound to impact the future of work.
1. Robots, do you take lunch breaks?
Robots have performed manufacturing activities that humans don’t want to do or shouldn’t do for decades. From repetitive tasks or jobs that do not require unique cognitive skills or emotional intelligence, replacing human workers with intelligent machines can save a company up to 90 percent in labor costs. Another bonus: the elimination of the lunch break.
According to PwC, more than a third of U.K. jobs could be at “high risk” of automation by the early 2030s, and robots could take over 38 percent of current U.S. jobs in the next 15 years. Beyond the fears of intelligent machine growth as a job killer, artificial intelligence (AI), machine learning, and automation will enhance the coordination of resources and on-demand learning, which will reset work structures for manufacturing and more.
AI-powered machines have an enhanced ability to make basic decisions, learn from experiences and share that learning with other AI programs. This will enable people to rely on them more heavily while streamlining and improving processes and everyday tasks, facilitating a mutually beneficial relationship. Unlike humans, robots do not provide emotional intelligence; thus, humans will remain as critical partners working alongside advanced algorithms.