Purpose of the Assignment ◆Introduction to the Topics. ◆Brief Introduction to AI & Robotics. ◆Occupation and impact analysis of the Technology. ◆Prediction of the Occupation in 2060. ◆Conclusion
Assignment Brief The aim of the assignment here is to assess and understand the new trends in HR due to the advancement in technology through Robotics and AI. It will also be interesting to see how these trends will impact the occupation in 40-50 years from now.
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AI & Robotics ◆Artificial intelligence is a field of computer science which is involved in creating machines which work and react like humans. ◆The goal of strong AI is to create AI to the extent that machine’s intellectual capability is equivalent to that of the humans. ◆Sophia is the first humanoid developed by the Hong Kong based companies which has been given a human face and the ability to talk and respond with the usage of advanced Tech, AI and infrastructure of Robotics. ◆Google’s Deep Mind, Apple’s Siri, Amazon’s Alexa and Microsoft Cortona are some of the examples of Artificial intelligence.
Impact of AI & Robotics in Society- A futuristic Approach ◆There is no two doubt that AI and Robotics as a field of science and technology has the ability to bring disruption and revolution in the current business ecosystem. ◆AI is expected to hurt as many as millions of Job in various Business organization. ◆The worst affected industries will be the ones where data crunching, data mining and highly mechanical work is required. ◆The Tech will sweep off the people from these mechanical jobs and take over. ◆The automation will impact the Taxi drivers, fast food chain workers and also the people doing mechanical job in manufacturing and other business organization.
Demographics and Impact on Occupation-Taxi DriversDemographics of Taxi drivers in Australia: 94% Males 6% Females 38% Australian Born Taxi Drivers Age Group (50-59)-29% Foreign Birth Place (India)-9% Foreign Language- Arabic -8% ◆Total taxi drivers in Australia stands at 24,000 for a population of 26 Million. ◆The industry is inclined toward people with age over 45 in comparison to that in 1970 which was in the range of 35-50. ◆2 out of 3 people use Taxi services in Australia. ◆The jobs will be much affected by the advent of Self driving cars (Projects of Google & Uber). ◆However, the inability of loading and picking the luggage will be a major constraint.
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Prediction in 2060 ◆Potential loss of almost 5 million jobs by 2020 which can be projected to at least 10 million job loss by 2060. ◆Experimentation of Tesla with underground roads can further impact the industry. ◆Advent of flying cars will pull down the problem of traffic and impact the job of Taxi drivers. ◆AI device like Alexa and Echo to further deepen the troubles for the Taxi drivers. ◆Taxi unions will be displaced by Humanoids and AI will handle the booking and query handling process.
Demographics and Impact on Occupation-Doctors Australia has 3.6 doctors per 1000 People. The number of doctors in 2012 stood at 91504 which got increased to 114675 in 2018. There has been more than double the growth of Doctors in last 40- 50 years. ◆Increase in specialist in the Doctor Profession. ◆Reduction in the staff in Assistance and general medical practicener. ◆More and more youth are joining the highly esteemed profession of Doctors. ◆Maximum migration from the population of OECD and Asian
Prediction in 2060 ◆Rise in popularity of surgical robots with capability of carrying the patient from one point to another. ◆Robots delivering food, medicine and other assistance to patients and Doctors. ◆Increasing use of Robots in diagnosis of patients, and converting quantifiable data into qualitative results. ◆As much as 80% of doctors will be replaced by advanced AI & Robotics. ◆The inability of Robotics to have human emotion can cloud its penetration in the healthcare sector by 2060.
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Demographics and Impact on Occupation-Teachers ◆Teachers are the base of any nation as they build strong foundation and career of an individual who goes on to represent the country. ◆There are .4 million teachers on a population of 26 million. ◆74% of the teaching staff is female and the rest is dominated by the males of the society. ◆The average age of the teacher is 43.7 Years ◆26% of the entire teaching workforce is over the age of 55 years ◆82% of the teaching workforce is of Australian origin. ◆The teaching landscape changed in the last 45 years with more and more young professionals choosing the teaching profession.
Predictions for 2060 ◆Usage of Smart technology in catering to more than 1000 students at once. ◆Usage of Smart and Advanced technology in senior classes and colleges. ◆Less use of AI and Robotics in teaching elementary classes. ◆The manual job of teaching of checking, feedback and result to be supervised and coordinated by the usage of AI and Robotics. ◆Usage of AI and Robotics in counselling of the students. ◆Usage of Robotics in supervision and inspection of students during examination.
Conclusion-Implication for Employees ◆Employees to develop core skills in the Advanced technology to not fall behind in competing with the new resource. ◆Employees to develop skills in IT, Robotics Technology, Big data analytics, Digital marketing, Machine learning and Artificial intelligence. ◆Developing of skills to be aide in development of Robotics and AI. ◆Skill development in the fields where AI and Robotics have limited usage such as Healthcare, Banking operations, Creativity and Innovation
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Conclusion-Implication for Managers and Leaders ◆Managers have to develop their understanding of how AI and Robotics can be used at optimum potential. ◆Managers have to develop strategies for delegating maximum data crunching and machine learning tasks Robots which uses AI. ◆Managers and Leaders have to work on balancing the workforce ration of human employees and robots by strategizing the number of employees assigned for a particular task. ◆Think of creative ways for better adoption of the technology in the human resource management.