Technology growth and innovation have the power to alter how employment works. For instance, robots can take over most repetitive tasks in our workplaces. People fear that artificial intelligence and other technologies could eliminate millions of jobs from the labour market. In reality, new technologies will lead to job loss and job creation.
These changes in the job market are not limited to physical labor and sales. The rise of online platforms and technologies has also impacted the gambling industry, with the increasing popularity of real money casino online. Good example is Slotozilla – the combination of new technologies with the old preferences of their clients. It seems as if AI, robotics, automation, and similar technologies are here to stay.
How exactly are technologies affecting the jobs market?
These technologies may preserve some jobs but alter their processes. This will work for the good in manufacturing environments where workers experience physical strain and tiredness. For instance, exoskeletons for lifting heavy cargo will exclude humans from strenuous tasks. Salespeople might have to fight for their space as technologies have enabled customers to get any information online.
Before shopping, a customer can browse various pages of an e-commerce site to gather data on pricing, discounts, shipping, returns policy, and more. Unless salespersons learn internet marketing and the best engagement techniques, they might lose their jobs to modern technologies.
Jobs at risk of decline and those set for growth
Workers who do small repetitive jobs in the office might not be in demand soon. Now, switchboard operators are no longer a hot cake since the arrival of phones and interactive voice response menus. Self-checkout machines now do the work of a store clerk.
Soon we might not need drivers to operate trucks due to artificial intelligence growth. Paralegals, surgeons, and salespersons might soon face the same fate. People who might save their jobs are technicians and engineers. The demand for their skills and expertise will grow in the next few years because they understand technology better than anyone else.
Data scientists, software developers, and engineers will see immense career growth. Modern patients can now use technology to consult doctors and set appointments. Most of them will look for health aides to treat them at home. Technology growth also leads to higher levels of stress in workplaces, which might cause mental issues.
As a result, professionals with social, cognitive, and emotional skills will be in high demand. Generally, people who do jobs that robots do not know will keep them.
Also, soon we will not need professions such as copywriters, graphic designers, translator. Today mankind has already invented various neural networks, which will help you to write a text yourself, check it for errors without having a specialist translator by your side, create a picture on any subject, so you should think about how to develop in these areas to remain a necessary and meaningful employee.
It is important to pay attention to the fact that despite the fact that the emergence and development of modern automation technology can lead to a huge reduction in demand for many professions, it is worth remembering that no matter how advanced and interesting technology is, it can never completely replace humans, their talents and creativity.
Yes, neural networks can certainly help in writing texts, but they will be standard texts. What is the peculiarity of a copywriter? He can give uniqueness, be creative and write the text according to all the necessary requirements. He will clearly understand what to write in the text and this text will be 100% original.
When it comes to helping with graphic design, a neural network can’t replace human ingenuity and creativity, which are an integral part of the original design process.
A translator, like any other language specialist, can make a quality translation by taking into account the context and nuances of the language, which is impossible for machine translation. A professional translator can take into account cultural differences and particularities that a neural network might miss, which is very important in this industry.
Will this affect salaries?
Technical jobs replacing the lost middle-skill work will start to pay more than ever. Service jobs that might soon be in demand will pay much less. These include personal or health aide occupations. As workers who might lose their work lack technical skills, they might have to pursue a career in the technical field.
Failure to do that could lead to job loss or being stuck in other low-paying occupations. Some high-paying technical jobs, such as software developer and information security analyst, might require a bachelor’s degree. Others might demand a master’s degree. Countless females do office jobs like typing and processing documents.
The demand for these jobs will reduce in the next ten years. Research shows that women of colour are the majority in these occupations. However, about ninety per cent of those in health aide and medical assistant jobs are also women. Men and fewer people of colour stand a chance to thrive because they do technical jobs.
Intelligent professions assisted by neural networks may also face the risk of decreasing income over time. All professions that, until recently, were considered very high-paying may lose their importance. Even though we cannot generate quality content without human input, a necessary picture created by a neural network, and translation from one language to another, the demand for these professions may definitely drop. At least, a specialist can no longer spend much time and effort on his work, he can take a neural network as a basis and refine or modify the output of the neural network as needed. Such specialists need to retain and improve their skills in order to remain indispensable specialists.
New technologies are helpful and threatening at the same time. As we have noted, growing technology is already triggering job loss in some fields. In technical jobs, new technologies will create an opportunity to make more money. It is also creating new low-paying jobs for medical aides. Based on these changes, you should decide the best path for your current career.