Algorithms aren’t just for recommendation engines on Youtube but are nowadays used to determine many government and private job vacancies, marketing campaigns, public housing and benefits eligibility.
These algorithms are highly-priced and kept in the vault by companies. They are the new ‘secret recipes’ and no one knows how they work, as they don't have any accountability.
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The following profiles are safe from A.I. and automation:
Just like things weren’t smooth during the industrial revolution, the ongoing AI (Artificial Intelligence) revolution is also breaking a lot of eggs.
AI isn’t just replacing manual labour, but is also rapidly replacing repetitive cognitive labour, which are high-value jobs usually done by people with decent salaries and respectable profiles. The result is that old jobs are disappearing faster than new jobs are being created.
A technological transformation has been happening around the world for a few decades. Automation can potentially benefit us in highly innovative ways (like curing rare diseases, fixing global warming) but large companies have a different motivation for using technology: replacing workers.
The promised innovation and transformation of the businesses is still a pipedream and companies are simply trying to do the work more efficiently with fewer human resources.
Throughout history, man has been programmed at school or in college to become more like a machine, in order to work efficiently. We are teaching our kids to learn computer science, to do engineering, to become productive, or to optimize their lives in the most efficient manner. It is almost as if we are being programmed to be like an android.
We should have been teaching them to be more humans, not machines.
Automation could lead to tremendous scientific breakthroughs. It could help us cure rare diseases. It could help us fix the climate crisis, and much more.
But many companies are using automation to replace workers without transforming their companies, or developing new products. They're not trying to innovate and transform their businesses but just do the same amount of work with fewer people.
In extensive research involving fifteen hundred organizations, it is found that companies with the most significant improvements are those which join humans and machines to work in sync.
As more and more jobs are eliminated due to technology, we need to keep reinventing ourselves and stay in a permanent state of transition, to be relevant in the future.
The Art of Re-inventing ourselves has 3 key factors:
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