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Accounting For Automation

Automation and AI will displace 13 jobs by 2030, putting many humans out of work. To prepare, we need to create new positions that leverage human skills like flexibility. While automation increases production and lowers costs, it also risks mass unemployment, increased monopolies, and requires large investments. However, automation is best for routine tasks, and humans can stay relevant by focusing on non-routine work requiring versatility.

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Zack Overfield
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54 views

Accounting For Automation

Automation and AI will displace 13 jobs by 2030, putting many humans out of work. To prepare, we need to create new positions that leverage human skills like flexibility. While automation increases production and lowers costs, it also risks mass unemployment, increased monopolies, and requires large investments. However, automation is best for routine tasks, and humans can stay relevant by focusing on non-routine work requiring versatility.

Uploaded by

Zack Overfield
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Accounting for Automation

How we can keep ourselves from being outmoded

By 2030, Forbes Technology Council predict that 13 jobs While automation and AI are great for routine tasks and
will be fully displaced by automation and artificial pattern recognition, people will be able to stay relevant
intelligence, which means we humans will be out of a thanks to the vast information we consume on a daily
job. To prepare for this coming revolution in technology, basis, therefore making us adept at tasks that require
we need to start creating more human-suitable flexibility.
positions now.
Costs of Automation
Benefits of Automation Mass unemployment
Increased production Increase in monopolies
Cheaper goods High requirement for investment
Improved workplace safety

In just two years Automation cannot


time, human fulfill positions
completed tasks that require
will drop by 14% non-routine work.
Versatility is the
key!

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