The World Economic Forum reports that 38 per cent of businesses believe AI and automation technology will allow employees to carry out new productivity-enhancing jobs. They could also look to foster innovation and enable people to explore opportunities for implementing AI across the organisation.”
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“By successfully harnessing the power of AI, businesses have the ability to automate repetitive tasks and free up their people to engage in more higher value tasks. “As a result, organisations should focus on upskilling their people to use these new technologies. “As the technology that we use to do our jobs changes, so do the capabilities that our people require to be effective in their roles,” she says. On the future of work, Mullane says the widely available nature of these new technologies is “an exciting time” as the impact they can have on businesses is “transformative”. “This presents an exciting opportunity for their workforce and prospective graduates to deploy new skills at some of the most sophisticated manufacturing facilities.”
“In particular, data analytics capabilities are being developed, which will enable them to manage their operations in a predictive fashion. “The technologies will leverage new value from operational data – much of which has been captured for years but underutilised,” she says. PwC director of people and organisation consulting Laoise Mullane says emerging technologies are currently being adopted by manufacturers globally to help transform their productivity, flexibility, ESG and cost performance. He says anyone in doubt about this “rise in the machines” need only examine the banking sector in Ireland where human roles have been significantly reduced. “In contrast, certain sales jobs like telemarketers and bank clerks, even though these may involve interactive tasks but do not necessarily require a high degree of social intelligence, leave them exposed to automation.” “So, medical professionals, social workers, nurses, psychologists, engineers, teachers and writers can rest assured that they won’t be replaced by robots any time soon. “All of which means, if an occupation involves a high degree of social intelligence, negotiating skills, recognising cultural sensitivities, caring for others, creative or complex reasoning or perception and manipulation, they are unlikely to be automated. “Roles requiring employees to think on their feet and come up with creative and original ideas, for example artists, designers or engineers, hold a significant advantage in the face of automation,” he says. So what jobs are likely to be automated? Heaslip says students considering career options should “stop for a moment” and ask: could a robot or machine do this job better? The Economist predicts that 50 per cent of jobs are vulnerable to automation. The World Economic Forum reports that 38 per cent of businesses believe AI and automation technology will allow employees to carry out new productivity-enhancing jobs.Īnother 25 per cent of companies think automation will result in the emergence of new roles.
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The researchers also calculated how susceptible jobs are to automation based on nine key skills required to perform it: social perceptiveness, negotiation, persuasion, assisting and caring for others, originality, fine arts, finger dexterity, manual dexterity and the need to work in a cramped work space.Ī recent study released by McKinsey Global Institute reports that roughly a fifth of the global workforce will be impacted by the adoption of AI and automation, with the most significant impact in developed nations like the UK, Germany and US. They concluded: “Intelligent machines are becoming more sophisticated and are expanding their skills, moving up the corporate ladder, showing increased productivity and retention rates, and threatening their human counterparts.” So what does all this mean for the jobs market of the future? In 2017, Oxford academics published research on future employment and how susceptible jobs are to automation. “Although mastery of these technologies will be critical in future engineering applications, it’s the evolution process itself that will truly shape and define the profession.”
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