Watch your backs out there. There is an estimate that 47% (whoa!) of US jobs could be automated in the next couple decades. And, many of those will be “white collar” jobs so start your resume polishing NOW. Even scarier, two of the top five potential job losses affects OUR (FintekNews) business. Now, it’s getting serious. Hmmmmm, why aren’t lawyers on the list? Guess even robots don’t want to be sued. Great insight and you have been warned.
(Bill Taylor/CEO)
"Oxford University researchers have estimated that 47 percent of U.S. jobs could be automated within the next two decades. But which white-collar jobs will robots take first?
First, we should define “robots” (for this article only) as technologies, such as machine learning algorithms running on purpose-built computer platforms, that have been trained to perform tasks that currently require humans to perform.
With this in mind, let’s think about what you’ll do after white-collar work. Oh, and I do have a solution for the short term that will make you the last to lose your job to a robot, but I’m saving it for the end of the article.
1 – Middle Management...
2 – Commodity Salespeople (Ad Sales, Supplies, etc.)...
3 – Report Writers, Journalists, Authors & Announcers...
4 – Accountants & Bookkeepers...
5 – Doctors...
But Very Few Jobs Are Safe
During the Obama administration, a report of the president was published that included a very dire prediction: “There is an 83% chance that workers who earn $20 an hour or less could have their jobs replaced by robots in the next five years. Those in the $40 an hour pay range face a 31% chance of having their jobs taken over by the machines.” Clearly, the robots are coming...."