Executive Briefings

With Advances in Artificial Intelligence, Is Anyone's Job Safe From Robot Replacement?

From self-driving cars, to intelligent assistants on smart phones, to IBM's Watson beating humans at Jeopardy, to potentially autonomous military weapons, the effects of increasingly sophisticated automation are undeniable. With leading companies like Google spending millions to acquire artificial intelligence (AI) and robotics start-ups, financial markets are also betting that AI will become a bigger part of our lives and society.

When it comes to your strategy for people and human capital, the age of smart machines is often framed in traditional terms of job losses and gains. Oxford researchers predict that 45 percent of American occupations will be automated within the next 20 years. The first stage will be using computational power to replace jobs that rely on such things as pattern recognition, data gathering and distillation, and computational algorithms. Jobs like transportation/logistics, production labor and administrative support will go after that.

However, if you think your job is safe, the researchers also predict that artificial intelligence will eventually put jobs in management, science, engineering and the arts at risk.

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When it comes to your strategy for people and human capital, the age of smart machines is often framed in traditional terms of job losses and gains. Oxford researchers predict that 45 percent of American occupations will be automated within the next 20 years. The first stage will be using computational power to replace jobs that rely on such things as pattern recognition, data gathering and distillation, and computational algorithms. Jobs like transportation/logistics, production labor and administrative support will go after that.

However, if you think your job is safe, the researchers also predict that artificial intelligence will eventually put jobs in management, science, engineering and the arts at risk.

Read Full Article