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Easily download and save what you find. What are human workers going to do when super-intelligent robots and computers are better than us at doing everything? That is one of the questions that a new study by Dr. Michael Osborne of Oxford University sought to address, and what they concluded was that 47 percent of all U. Considering the fact that the percentage of the U.
I have written extensively about how we are already losing millions of jobs to super cheap labor on the other side of the globe. What are middle class families going to do as technology also takes away huge numbers of our jobs at an ever increasing pace? We live during a period of history when knowledge is increasing an an exponential rate. Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Emigrate While You Still Can: Finca Bayano In Panama! Deep State Takedown In Progress: Is Trump About To Start Arresting Top Democrats And Bringing Them To Justice? Would This Have Happened Under President Hillary? Do You Know What Is In The Tax Bill That Congress Is About To Pass? In the past, when human workers were displaced by technology it also created new kinds of jobs that the world had never seen before. But what happens when the day arrives when computers and robots can do almost everything more cheaply and more efficiently than humans can? For employers, there are a whole host of advantages that come with replacing human workers with technology.
Robots and computers never complain, they never get tired, they never need vacation, they never show up late, they never waste time on Facebook, they don’t need any health benefits and there are a vast array of rules, regulations and taxes that you must deal with when you hire a human worker. If you could get a task done more cheaply and more efficiently by replacing a human worker with technology, why wouldn’t you want to do it? We are already starting to see this happen on a mass scale, and according to Dr. Osborne, close to half of all of our jobs could be automated within the next 20 years. The second wave — propelled by artificial intelligence — will affect jobs in management, science, engineering, and the arts.
Those who rely on 9-to-5 standard employment arrangements for subsistence are likely to suffer the most in the automation wave. Full employment is not an objective of businesses. Companies strive to keep labor input and other costs at a minimum. This is one of the reasons why the U. If technology can outperform humans, it is only rational for companies to replace humans with technology.
And this is even starting to happen in fields that require very high levels of education. Just look at what is happening in the medical field. Sedasys, which dispenses propofol and monitors a patient automatically, was recently approved for use in healthy adult patients who have no particular risk of complications. 2,000 that anesthesiologists usually charge. Certainly we will always need doctors. But many of the tasks that doctors once performed will now be performed by technology. Internet of things’ with the small data about your activity, mood, and other information.