Tag: machines

19 Mar 2021
machines

How will machines and automation affect our jobs?

Technology is going to affect our jobs. But is it going to make our jobs obsolete? Artificial intelligence is becoming a part of jobs now. For example, bots are being used in translating Skype voice calls into native languages. 

Machines will indeed take over many jobs but in that process, they will also lead to an increase in jobs.

The business leaders and human resource executives will need to note down how jobs will be affected by the changes in technology. They need to ask their technological team members the two most important questions like what jobs will be affected by technologies and what strategies can employees use to tackle such technologies which will replace their jobs. Following jobs will be affected by the use of technology:

Journalists

For example, the job of a journalist will not be replaced by a machine. But the skill sets required by him will change. Let’s understand it in more depth.

Due to machine learning, an article can be written in a very short period. But the journalist can impart a more human view to the article, he can analyze the findings from a human perspective.

Wealth advisors

Wealth advisors are also someone whose jobs will require a change of skills. These guys impart financial advice to those who need it based on the current financial situations of companies. But, there is artificial intelligence getting used here now also. There is software that creates a database of investment prospects in 4,000 companies. However, wealth advisors should look at this as an opportunity. They can provide important advice to clients on how to use that database, gain their trust and make them believe in such AI-based software. The wealth advisors should be able to boost their psychological skills to make sure that they can guide investors.

Insurance underwriters

Insurance underwriters also have to add more skills when automation happens. Computers can provide insurance services to people. They can also calculate the premiums based on the risks involved. But there is an investment of insurance premiums of clients. For that, the insurance underwriters have to be more responsible for handling the portfolio management of clients based on market risks. This kind of responsibility requires critical thinking on the part of an insurance underwriter. The insurance underwriter can handle clients from a particular area with their unique set of skills.

How can HR help?

The job of the HR leader in such situations when bots will take over human jobs is to make sure work is done collaboratively with the help of both the machines and humans. It’s their job to guide human employees to develop skills in the wake of technology disrupting their jobs.

 

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DSLR stands for Digital single-lens reflex camera. It has a digital imaging sensor. In this kind of camera, the captured image can be viewed in the viewfinder when the shutter button is pressed. Its shown through the main lens rather than through a secondary lens, so the user knows what has been captured. 

He was a German psychologist who is known for discovering the forgetting curve. According to this curve, the biggest decline in memory happens within 20 minutes, and then 1 hour.