Digital automation and the future of work

Added on - 05 Apr 2021

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TRANSCRIPT: 47% of Jobs Will Disappear In the Next 10 Years00:03I believe everyone has begun to make various considerations for your career prospects. Buthave you ever thought that the new technology era will affect your career prospects? A resultof Oxford University study has shown that nearly half of the occupations will graduallydisappear in the year 2030. It means that 47% of employed people are in a crisis ofunemploymentin the next 10 years. When I read this statement, I was very surprised. It turnsout that technology continues to subvert our expectations, and its changes have now createdan unemployment crisis. To understand this matter more deeply, I began to study manyrelated articles to understand more specific reasons why jobs will disappear in the future.00:49A very good morning to my respectful lecturer, Madam Hamidah and all my dear classmates.I am XXX. Today, I would like to talk about why we believe that47% of jobs will disappearin the next 10 years.I believe that many people still think that the current machines are justreplacing us to complete some low-end tasks. But in fact, some high-tech jobs are graduallybeing replaced by machines and robots.Hence, I would like to explain the three mainreasons to believe that 47% of jobs will disappear in the next 10 years.01:25First of all, one of thereasons to believe that 47% of jobs will disappear in the next 10 yearsis because ofautomation. In many articles and studies I read, I found a lot of evidence thatautomation will replace people’s jobs in the future. The first evidence I found in these studiesis a forecast quoted Oxford University’s study. It said that 47% of jobs are at high risk ofbeing replaced by automation in the next 10 years, which is around 2030.01:56Another piece of evidence I have read is a recent study by Pew Research. It is predicted thatby 2050, many of the tasks currently completed by humans will be replaced by automationamong 10 countries with advanced and emerging economies. Besides, the evidence from aMcKinsey report shows that between 2015 and 2065, automation will increase globalproductivity by 0.8% to 1.4% annually. All these evidence indicate that people will graduallybe replaced by automation, so it is believed that 47% of jobs will disappear in the next 10years.1
02:39The first type of job that I believe will disappear in the next 10 years is all kinds of drivers,whether you are a taxi driver, a bus driver, a helmsman or even a pilot. In the future, cars donot need people to drive, and even occupations such as driving school teachers and parkinglaw enforcement will disappear. All drivers will be replaced by fully automated drivingsystems. A fully automated driving system allows vehicles to drive automatically and alldrivers can engage in other activities without monitoring the vehicles.03:14Today, self-driving cars are showing a trend close to practicality. They allow computers tooperate vehicles automatically and safely without any manual operation. Since 2009, Googlehas already started a self-driving car project. Although the project is still in the testing phaseand its laws and regulations are still not perfect, it is believed that autonomous vehicles willenter the market within the next ten years. Besides, according to IHS Automotive study, therewill be nearly 54 million autonomous vehicles in the world in 2035. Therefore, it isundeniable that the job of a driver will disappear in the next 10 years.03:59Furthermore, the countries such as United States, Europe, Japan, and South Korea are startedto develop autonomous ship projects. One of the evidence I have read shows that theEuropean Union has invested 20 million dollars to verify the maneuverability of autonomousships. Compared with traditional ships, the invention of the autonomous ship has an array ofadvantages. The autonomous ship will no longer need helmsmen to navigate, and itsconfiguration will be greatly simplified. Thus, I believe that it is only a matter of time beforethe era of autonomous ships comes under the gradual improvement of technology.04:40Moreover, the autopilot aircraft is also been introduced in the aviation industry. Under theleadership of Boeing and Airbus, drones and driverless passenger planes that were onceconsidered absurd are quickly becoming a reality. The autopilot mimics the actions of thepilot to fly the plane. It can be applied to all types of aircrafts such as passenger aircrafts andhelicopters. Based on the statistics given by Boeing, 80% of air crashes are caused by humanerrors such as pilots, air traffic controllers and mechanics, and 20% are caused by machine2
failures. Besides, UBS has stated that in the next two decades, autopilot planes can saveairlines 30 billion dollars as most of the expenses have come from pilot salaries. So, it isinevitable that drivers, pilots and helmsmen will be replaced by automation, and this is one ofthe reasons why I believe that 47% of jobs will disappear in the next 10 years.05:44Next, the secondreason to believe that 47% of jobs will disappear in the next 10 years isbecause ofartificial intelligence, which also known as AI.Today, people are graduallyentering the era of AI. However, do you know that how AI will change our lives? In fact,many AI functions have surpassed human beings. AI can automatically analyze massiveamounts of data, recognize voices, faces and fingerprints, process massive amounts ofdocuments, as well as manufacturing automation operations. With the implementation of AI,robots can also recognize and simulate human emotions. They can act as companions andcaregivers. So, we can see that AI technology has been realized everywhere, and soon it willenter to all areas of human life, including our careers.06:39In addition to low-paying jobs, middle-class jobs also face the threat of being replaced by AItechnology. The labor workers have been continuously replaced with robots in constructionand manufacturing industry, especially in developed countries. As a student of internationalbusiness management, I have interviewed several multinational companies and noticed thatmost of them currently plan to replace employees with robots. Thence, it is foreseeable thatsoon, the robots will replace people’s jobs when all companies have the ability to purchaserobots.07:16The labour-related jobs may not escape the offensive of AI, but can white-collar jobs avoidbeing replaced by AI? I believe that white-collar jobs are indeed likely to be replaced by AIas there are various evidence to prove this issue. Firstly, many human resources departmentshave begun to use AI to perform human resources-related tasks, including predicting the riskof employee turnover, taking talent retention measures in advance, guiding employees toimprove their skills and reducing the risk of human error.07:523
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