Ad Blocker Detected
Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.
Automation that involves artificial intelligence software programs or robots will get rid of 6% of the jobs in the United States several years from now. Low wage employees aren’t the only ones that need to be worried. The knowledge-based and highly skilled workers in some sectors could be out of jobs in the next decade.
Analysts estimate about 39% of jobs in the legal sector alone could become automated in the next 10-15 years. There is also a separate research that concludes accountants will most likely lose their jobs as high as 95% to automated computer programs.
There are even parents that are starting to steer their children away from getting into these jobs once they knew about AI automation. A program leader in the UK advises to seek generalist courses instead. He claims that having a broader range of skills as well as competencies is the best way to future-proof employment.
Those in the legal and accounting sectors are the ones who are in most danger of losing their jobs. However, these sectors aren’t the only ones in danger. Those who are knowledge employees, retail and manual laborers will also experience a decline in their jobs soon.
Take a look at the 10 jobs that your children will not be doing 10-20 years from now.
1. Financial Analysts
A person who works as a financial analyst works by researching micro and macro-economic conditions to make recommendations for a business, sector and industry. These are the people who recommends to businessmen and corporations the best course of action. This may involve telling high ranking company executives what stocks to buy or sell based on the overall current and the predicted strength.
Financial analysts were once thought as jobs that were indispensable to a company. This is because keen financial analysts were great at spotting a trend before it happened. This allowed the corporations to make portfolio adjustments and make a lot of money in return.
Artificial intelligence analysis software are competing hard with human financial analysts. These programs are able to read and recognize trends just as good as people, and are planned to operate even better. It is no wonder these financial analyst jobs are one of the worst to be hit by the estimated 30% banking sector careers that will be replaced by AI in the next 10 years.
2. Bank Tellers
A person who works as a bank teller (or simply teller) is a bank employee who directly deals with its customers. There are some places in the world where the employee is known as a customer representative or a cashier of the bank. Most of these teller jobs need experience in handling cash including a high school diploma. Also, most banks provide on the job training to college students.
But just like how the ATM came into existence and replaced the human banking jobs as it emerged, the same way bank teller jobs are in danger of being lost to a computer. According to this article, there is a high likelihood that artificial intelligence will get rid of the need for human tellers and bank representatives in the future.
There are AI programs being developed today that can not only conduct cash transactions, but will soon be able to open up new accounts for customers and to process loans. What makes them even more desirable is that they are able to do all these at a fraction of the time and cost it would take for humans to do.
3. Insurance Underwriters and Claims Representatives
These insurance underwriters are folks who evaluate the risk and exposures that a potential client may have. They are the ones who will decide how much coverage their clients would receive, how much to pay for this or whether to even accept the risk and then insure them. Most of the time they are the first point of contact for customers that are involved in accidents.
At this time, many jobs in the insurance industry are feeling the effects that automation brings. In Japan alone, the Fukoku Mutual Life Insurance has already replaced more than 30 of its claims representatives with a single AI system. This software was based on IBM’s Watson Explore, as reported in the Guardian.
Farmers are the humble people who engage in agricultural practices and raise plants and animals for food or materials. This term is often applied to those who do a combination of raising crops, vineyards, orchards, poultry and other livestock. The farmer may own the land or might just be a laborer on plots of land owned by others.
These farmers are seeing artificially intelligent robots starting to replace jobs that they once did. These robots are capable of doing things from pulling out lettuce intact to milking cows. In Germany, a dairy farm owned by a local family is the first to install the Voluntary Milking System. This system operates by allowing a cow to walk up to a machine at their own leisure to be milked.
In the United States, more than a million of the farmhands in the country could be seeing their jobs replaced by these machines years from now. With robots that are capable of doing everything from picking apples to weeding cabbage patches at a more efficient and cost-effective way, who wouldn’t want such machines in their own farm?
5. Construction Workers
Construction workers are trades persons, laborers or people who are professionally employed in the construction of a building and its infrastructure. It is a term used generically and are described by the kind of work that they do. Other terms for construction workers may include “hard hats” or “hard hat workers”.
However, even these manual labor employment jobs are at risk against automation. There are robotic bricklayers being introduced to construction sites that allow these machines to replace 2-3 men each. The SAM or Semi-Automated Mason is capable of laying up to 1,200 bricks each day in comparison to the 300 to 500 from a human being.
Although a real person is still needed to work together with SAM, the machine’s presence reduces the need for hiring bricklayers who would do this job. People who are working as bulldozer drivers or crane operators may also see their positions filled by machines controlled by AI in the next decade.
6. Inventory Managers
The job of an inventory manager is to keep charge of the inventory in a warehouse. They are the ones who receive and record stocks that come in and move out. They transfer stock from trucks to shelves and vice versa. Aside from that, a stock manager monitors stock levels and creates schedules to they know when to replenish their stock.
But the people in charge of restocking items in an aisle may soon find themselves out of their jobs. As machines are starting to become more advanced, their capabilities are starting to expand also. The robot known as Tally is made to audit shelves for items that are out of stock, misplaces or have pricing errors. Tally goes around the aisles and use sensors to scan the shelves and inform staff of its findings.
Although robots like Tally may cost a lot up front, companies do stand to save a lot more in the long run. People who support these machines justify that unlike humans, robots don’t need holidays, get sick and can be trained easily with a software update.
7. Taxi Drivers
Taxi drivers are professional drivers who work to transport people to their destinations using a taxi cab. In doing this, the driver earns a fare that will depend on the length of their ride. If working for a company, the taxi driver will be sent pick up the company’s employees. They can also drive around on various hours to pick up waiting passengers for a fare.
Although traditional taxi drivers are already feeling the impact that companies like Uber and Lyft have, drivers of all three may be out of employment when AI-controlled vehicles hit the road. These big taxi companies are also the ones who are pushing to get drivers out of their cars.
Uber’s CEO even said that their service is going to be a lot more cheaper and profits better if no one had to pay for that “other dude” in the car. All over the world, cities will start having fleets of AI-controlled taxis in the next 10 years. As a matter of fact, Uber is already testing these kinds of vehicles and Singapore has already started putting up some on their roads.
8. Manufacturing Workers
These manufacturing jobs are defined by the US Census Bureau as those jobs that create new products either directly or using raw materials. These are jobs that usually occur in a factory, mill or plant. They can also be done inside a home, so long as the products are made there. Some examples of these include candy stores, bakeries and custom tailors.
It is very common to hear populist politicians claim to bring back manufacturing jobs. Yet this is never going to happen any time soon. Even China will be seeing its human workforce replaced by robots in the future. As a matter of fact, this is already starting to happen. Foxconn, the manufacturer that makes iPhones and Xboxes has replaced over 60,000 of its workers with AI machines.
The job of a journalist is to collect, write or distribute news and other present-day information to the public viewers. The work of a journalist falls under journalism and can work with general and specializes issues. However, most of these employees usually specialize on something specific and cooperate with others who are like-minded.
But sadly, not even this job is safe nowadays. It turns out that artificially created thinking machines are capable of writing without any hiccups. Back in 2014, the Associated Press started to use intelligent software to write up their quarterly earnings reports. These AI make 3,000 reports every quarter. It is very possible as well that content sites may soon exist without the need for human writers.
10. Movie Actors and Actresses
It is very possible that we might one day see actors looking just as young as they did when they first debuted on the big screen. Hollywood has recently taken a liking to modern-day CGI techniques, letting those deceased actors be resurrected from the grave. One of the most notable examples was Peter Cushing’s Grand Moff Tarkin CGI resurrection in the Rogue One movie.
It was also in this movie that Carrie Fisher appeared as 21-year-old Princess Leia back from the 1977 Star Wars film. Embracing CGI resurrection technology means less need for movie stars. This may come true if both audiences and studios accept this. This is because the same beloved actors of today and of old can keep starring and “acting” in big movies for decades.