August 7th, 2016 by

The idea that manual work can be carried out by machines is already familiar; now ever-smarter machines can perform tasks done by information workers, too. What determines vulnerability to automation, experts say, is not so much whether the work concerned is manual or white-collar but whether or not it is routine. Machines can already perform routine manual labour, and are now able to execute routine cognitive tasks.

Read this excellent article on The impact on jobs: Automation and anxiety in The Economist.

“So who is right: the pessimists (many of them techie types), who say this time is different and machines really will take all the jobs, or the optimists (mostly economists and historians), who insist that in the end technology always creates more jobs than it destroys? The truth probably lies somewhere in between. AI will not cause mass unemployment, but it will speed up the existing trend of computer-related automation, disrupting labour markets just as technological change has done before, and requiring workers to learn new skills more quickly than in the past. (…) But despite the wide range of views expressed, pretty much everyone agrees on the prescription: that companies and governments will need to make it easier for workers to acquire new skills and switch jobs as needed. That would provide the best defence in the event that the pessimists are right and the impact of artificial intelligence proves to be more rapid and more dramatic than the optimists expect.”

Source: The impact on jobs: Automation and anxiety

Read also The Economist special report on Artificial intelligence and the return of the machinery question.

Related video by Gerd Leonhard

Author: Rudy de Waele

Rudy de Waele is a futurist, innovation strategist, keynote speaker, content curator and author. He assists global brands and startups with cutting edge open innovation strategy using new methodologies to re-invent and transform business. His unparalleled experience, knowledge and insight, propels leaders to stay ahead of the curve. Rudy specialises in giving technology trend forecasts, analysis and ideas exchange on how to thrive in the new economy and by facilitating Socratic Design workshops on how to create meaningful business.

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