26 Aug The Automation Is Coming! The Automation is Coming!
The Automation Is Coming! The Automation is Coming!
We've heard about it for years. We've seen it around town and even in our own backyards. It's true, the Automation is coming! But how will it really effect us?
Automation technologies are all the rage in business world. As company leaders and shareholders from every industry strategize on how to leverage the economy and efficiency of automation, many of their employees are scrambling to figure out just how long it will be until they're replaced by a robot.
Automation, for the layman, covers a wide swath of technologies and functions inside business environments- from tangible things such as robotic manufacturing or driver-less cars, to the intangible things like the application of artificial intelligence for data collection, predictive analytics and customer service. A new article from McKinsey Quarterly titled,Where machines could replace humans - and where they can't (yet), systematically plots out when and where human resources will meet their future demise to our automated overlords.
This report breaks the potential for automation down across multiple factors with the first being the type of industry along with the activities performed inside it, followed by the technical feasibility of the role being automated in the near future, which is also condition by multiple considerations. The conclusions are presented in three categories: highly susceptible, less susceptible and least susceptible. As you might think, those skills requiring specialty expertise which involves a degree of creative though, along with physical tasks which are unpredictable in nature, such as the operation of machinery in an unknown environment, fall soundly into into the less susceptible range. Repeatable activities without much variance, such as data processing and uniform physical labor, are much more likely to be automated in the near future, if they've not been already.
Below is a visual presentation of the report which can be clicked for a closer view.
It's true, the Automation IS coming, but the report does shine some light for our human compatriots. Though McKinsey purports that 45 percent of all activities humans are currently paid to perform could be automated at some point in the future, the actual elimination of the most susceptible occupations is unlikely to occur within the next ten years; and even then, some degree of human oversight will be required.
The Automation is coming, and with all of it's promise, you certainly can't blame corporate leadership and it's shareholders for their continued exploration and expanse into a more automated business world. However, with it's arrival time dependently set around a decade or so in the future, we 'human capital' should at least have time to make upgrades in our abilities. Anything to increase the chances of our future robotic overlords keeping us around.