Work is a robot’s business – II

In just 5 years the jobs landscape will change significantly, with demand on skills and knowledge shifting considerably. 133 million jobs will require enhanced skills in areas that today are not considered crucial whilst 75 million jobs involving skills most valued today will fade away. Source: WEF Future of Jobs 2018 report

As shown in the figure, taken from the WEF 2018 Future of Jobs report infographic, several jobs are expected to decline over the coming few years affecting some 73 million people in the world (affecting means people losing their jobs). The good news is that 133 million people will find a job in areas that are expected to expand (jobs created). Hence the balance is good, however, it is not a given that those people losing their jobs would be able to take advantage of new jobs openings.

What is notable is that automation is affecting white collars (9 out of 10  of the sectors decreasing employment are “white collars). Indeed, even in my limited visibility most of the industry CEO’s I spoke to in this last year told me that the rightsizing (that’s how they call the elimination of redundant positions/jobs) in the factory plan has already been done and they do not expect further shrinking in that area).

On the other side, most of jobs creation is in areas connected to data and their analyses (including artificial intelligence, analytics, machine learning…).

What is also very interesting in the WEF Report is the shift in desirable skills expected over the coming 4 years, an amazing shift considering the relatively short time span. Taking a look at those declining is particularly interesting because it shows how automation is replacing humans’ skills:

  • Manual dexterity, endurance and precision. Well, nothing surprising here. Robots have acquired, thanks to tech evolution, greater dexterity and can now compete with, and in many areas beat, humans. Even in fields like health care robots have become the only way for certain type of surgery.
  • Memory, verbal, auditory and spatial abilities. This is a bit surprising, since we have always considered these skills as very “human”. Yet, we re using every day our smartphone as a memory prosthetics, and computers have become a growing part of our life as we interact with call centres. Artificial intelligence, computer vision have reach the point of becoming better than human at image recognition. Police in several countries has started to use artificial image recognition to find suspects. Companies will be using soft-ware rather than brain-ware to get these kind of skills. Besides, the information space has become so huge that is exceeding human grasping capabilities. Digital twins will becoming more and more important for companies and by the end of the next decade they may be used as proxy of humans, raising big ethical and “ownership” issues (would the company I am working for become owner, or at least have exploitation right on my digital twin. Would a copy of my digital twin remain with that company once I decide to move on to another job? How can I claim “my digital twin”?). These are issues that have been addressed in the Symbiotic Autonomous Systems Initiative and that will be discussed at the workshop on the Rise of Symbiotic Autonomous Systems in San Diego, October 30th.

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About Roberto Saracco

Roberto Saracco fell in love with technology and its implications long time ago. His background is in math and computer science. Until April 2017 he led the EIT Digital Italian Node and then was head of the Industrial Doctoral School of EIT Digital up to September 2018. Previously, up to December 2011 he was the Director of the Telecom Italia Future Centre in Venice, looking at the interplay of technology evolution, economics and society. At the turn of the century he led a World Bank-Infodev project to stimulate entrepreneurship in Latin America. He is a senior member of IEEE where he leads the New Initiative Committee and co-chairs the Digital Reality Initiative. He is a member of the IEEE in 2050 Ad Hoc Committee. He teaches a Master course on Technology Forecasting and Market impact at the University of Trento. He has published over 100 papers in journals and magazines and 14 books.