Future of business is all about automation. While machines may look like the salvation of the modern economy, they can also carry quite a bit of uncertainty, uncertain jobs and risks as well.
What business is in high demand for the future
If you’re working in an industry where repetitive, predictable physical labor takes place, such as agriculture or the service industry, where roles associated with ‘non-perishable physical labor’ are more at risk of automation than ever before, it’s likely that your role as a worker will be put under threat in coming years. This doesn’t necessarily mean that your job will end – after all, human labor is needed in many of these industries and more than half of these occupations have been created since 1960.
However, as more automation occurs in this area, there will be fewer jobs for the human resources manager to fill and those that do still need to be filled may not be up to the task. In other words, the future of business is about creating fewer jobs, but those jobs require more skill and knowledge than ever before. There are many examples of new technologies affecting the industry and this is likely to continue to have a major effect on future business.
For example, the future of business involves robot assistants. These computer programs are often referred to as “robot librarians” because of their unique ability to take and sort through large amounts of information, allowing businesses to save time and money. But even though these programs have saved businesses millions of dollars over the years, they can also create risks. When a computer program is tasked with sorting through data in the most precise way possible – whether it’s from data entered manually or computer generated – there is always some amount of risk involved.
Which business industry makes the most money?
As you can imagine, this increased amount of risk may cause problems and errors, which could lead to human error. In order to reduce this risk, a human can be added to the system, which is also quite a bit more expensive. While the increased risk may be worth the additional investment, some businesses might choose not to do so, believing that they’re better off with their existing human employees. The future of business however is not about keeping people on hand – it’s about developing systems that can complete tasks much faster and efficiently, thereby reducing the amount of human error.
Another high risk occupations that are expected to face automation jobs in health care. Because of advances in medical technology, doctors and nurses who work directly with patients will increasingly be required to perform tasks like taking x-rays, providing vaccinations and handling medical records.
As these tasks become automated, the high degree of interaction between doctor and patient will also come to an end, meaning that the doctor will no longer need to spend as much time with patients to simply administer treatments. Additionally, he or she won’t need to spend time explaining medications to them – this will free up time for doctors to focus on more important things.
With all of these technologies going into place in a doctor’s office or health care facility, many jobs currently held by the human health care professionals will become obsolete and a number of human health care positions will go away completely. While this may have a drastic effect on human employment, it could also create many opportunities for robotic health care assistants and robotic surgeons to take their place. These systems are much less likely to cause significant employment problems than human workers – after all, it’s much more likely that there will be more doctors and nurses available to serve patients if more people are available to pay their bills.