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Automation in the 21st Century (Economy (are other countries ahead of us…
Automation in the 21st Century
Job Availability
Types of jobs
Retial
Trade
Engineering/Technical
Office
Service
healthcare
Qualifications
Education
routine vs non routine job roles
Artificial Intelligence
machine learning
analytics
Economy
wage gap
are we supporting vunerable workers?
more education requirements
switch from physical good and services to digital
self employment
policies for large companies
are other countries ahead of us
china
north america
Europe
adoption rates, how many FTEs will it cost?
History
industrial revolution
automation has happened before
revolution of agriculture
the assembly line
parties involves
Worker
work life balance
length of workday
vacation and time off
more of less physical labour
will workers be focusing on more complex tasks? Could this result in higher satisfaction and engagement?
will machines compliment or replace workers
how job roles may change
Consumer
Convenience / ease of access
online shopping
Self checkout
pick up at store after ordering
cost of products and services
inovation
ride sharing services, air bnb, amazon
The Buisness
workers vs machines
Worker
pros
adaptable
retrainable
critical thinking
communication
problem solving
cons
need to pay them
benefits
may not cooperate or follow instructions
up-training costs
Machine
pros
faster
more precise
dont need to pay
cons
hard to modify
initial cost
maintinance
needs constant upgrades