The future of work is already here

The Intelligence Revolution - Shaping the Future of the Workforce 

The term "industrial revolution" gathers up photographs of smoky manufactories, congested metropolis, and mind-numbing, redundant work in the grip of exploitative avaricious. The Industrial Revolution also brought its share of wealth and innovation; it is at the origin of the modern company, the protection of employees in the workplace, and fundamental changes in international trade. Less obviously, it is also at the root of the notion of employment: a series of tasks carried out at regular hours for a specific remuneration. The subsequent phases of the Industrial Revolution are characterized by technological changes which, while allowing work to be done more efficiently, did not change the introductory nature of the appointment. Over the successive decade, the future of work will be shaped by an entirely new force: an "intelligence revolution," focused not on increased industrialization of accomplishment processes but exponential modification brought about by knowledge, practically unrestricted data storage and transmission, and intensifying computing capability that challengers some human abilities. Over the next ten years, these changes will transform the very nature of employment and affect what we do and how we do it. Then organizations and governments will be forced to make changes to their policies that are just as profound as those that flowed from the first industrial revolution (Collier & Jamal, 2017).

The Industrial Revolution brought about the consolidation of tasks into employment, and individuals moved to where the job was. The intelligence revolution will drive the disjunction of assignments, and it is the position that will move to where the folks are. This fortune will be established on the three essential elements below.

Machine learning: In the past, computers were computerized to operate in straightforward and coherent ways. Today, algorithms and guidelines are applied that allow them to comprehend unassisted and encounter the most satisfactory answer to a situation through difficulty and mistakes. People who set up these machines do not entirely comprehend how they accomplish this.

Computer power: Human beings can endure years to master a new talent. When a computer realizes a new aptitude, every computer in the world can instantly duplicate it, laying the groundwork for more effective standards. It is like a person understanding quantum math. It can pass that same level of understanding on to their newborn baby.

The machine surpasses the human: the juncture of uniqueness is achieved when machine intelligence surpasses human intelligence. Some professionals acknowledge we are almost there; others say it will take another 10 to 50 years to reach that point. Either way, this strength is already transforming the way we function today with the gig economy's development: The innovation of new varieties of jobs; and the rise of virtual attorneys, acquisition analysts, insurance brokers, and diagnosticians.

Many investigations indicate that these trends will result in the loss of nearly half of today's jobs. Others say the repercussions will be minimal. We believe both perspectives are correct in this report because of the following two principles. First, when you automate any process, costs go down, and demand goes up, which creates work. Second, computers and humans will have distinct but interdependent potencies for the foreseeable future. Humans possess abilities that are pretty broad and shallow, while intelligent robots have sharp but in-depth skills. Because of these regulations, the outcome will resume being abundant, but it will be done differently. Progressively, computers will perform repetitive tasks, while humans will perform elements that require judgment. In brief, we think that the quantity of labor will grow, but the abilities required to accomplish it will evolve. It will give rise to new varieties of jobs, which we refer to as archetypes in this post. The intelligence trajectory has a profound importance for the future of work. Institutions, governments, and working-age Americans must comprehend the details at appointment and carry measures to ensure the United States seizes the opportunities ahead (Whitlock & Robin, 2015).

 

References: 

Collier, Jamal, "7-year-old throws first pitch with 3D printed hand," Nationals News, June 11, 2017, http://m.nationals.mlb.com/ news/article/235798308/7-year-old-throws-first-pitch-for-nationals/

10 Whitlock, Robin, "Printable Solar Cell Production: A new solar revolution," Interesting Engineering, September 25, 2015, http://interestingengineering.com/printable-solar-cell-production-new-solar-revolution/