To protect against jobs being eliminated due to automation, it is important to recognize which characteristics are most likely to be associated with a given job being automated — perception and manipulation, creative intelligence, and social intelligence are the three bottlenecks to automation.
Cities and regions that have invested in skilled industries remain relatively safe from automation and technological dynamism will remain the best way to maximize employment and to benefit positively from new technologies.
Education is also a very important tool that policymakers will need to leverage in preparation for the effects of accelerated technological change.
A majority of Americans predict that within 50 years, robots and computers will do much of the work currently done by humans – but few workers expect their own jobs or professions to experience substantial impacts.
On the labor market are entering Generation Z and Alpha, both of which haven’t experienced a life before internet so being able to attract, keep and engage them will require a total different strategy compared to Millennials.
Not implementing RPA will mean being left behind by those who do. Benefits are seen are immediately – within 3 to 5 weeks – which likely means Robotic Process Automation will become the new norm all will wonder how was even possible the work without it.
Robotics in Process Operations | Genpact
Digital labor is evolving quickly. It can be applied to a wide range of tasks, with less effort to program than ever. We’ve moved far beyond using macros on a spreadsheet. This frees up staff to do much higher value work.
It’s clear financial institutions can get a lot out of RPA and IPA as they look to evolve their operating models. We should see a quick shift from education toward implementation as the investment cases become clear.
What is the 4th Industrial Revolution?
The Fourth Industrial Revolution | World Economic Forum
A successful RPA implementation is firstly grounded in a strong business case for change. The business case should clearly state the objectives and expectations of the RPA project, and include both the qualitative and quantitative benefits that are aligned with overall business and management strategy.
RPA Tools Thursday Nuzzel
There is widespread concern today that many jobs will be lost to new computer technologies, as more human tasks can be performed by machines. A host of recent papers estimate that these technologies put anywhere from 9% of jobs to 47% at risk of…
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