- General Saving / Must Read Posts
- May 31, 2015
This article is part of ‘Improve yourself‘ a category designed to show ways people may scam you, how companies trick you and most importantly how you can improve your life by doing something you love doing.
The White House has estimated there’s an 83% chance that someone making less than $20 (£15.22) will eventually lose their job to a computer, now this is based on US data but similar would apply to jobs in the UK in our opinion. However, if you or someone you knows is earning more than that don’t think they’re safe either.
“We are approaching the time when machines will be able to outperform humans at almost any task,”
From drivers to sex workers, no job is safe,
“Are you going to bet against sex robots? I would not,” – Moshe Vardi, a computer science professor at Rice University
An Oxford University study published in 2013, predicts that 50% of jobs in the US will be computerised within 10-20 years.
This large estimate is backed up by this Oxford University report that states “47% of jobs will be replaced by technology by 2020”
The safe jobs most likely will be the ones that involve a complex human interaction that a machine can’t replicate (at least not yet), e.g. teachers, Police officers & management.
As mentioned earlier larger paying jobs aren’t safe either with “between 33% and 50% of finance employees estimated to be losing their jobs to automation software by 2026” [Daniel Nadler, the founder of the analytics company Kensho] & other sectors similarly estimated to be effected.
In the US the Obama administration has launched an initiative “part of which aims to equip 17-29-year-olds with skills necessary for jobs in information technology fields, including software development, network administration, and cybersecurity.” in the UK similar in School programmes have been focusing on coding for the future etc but we urge everyone to consider home FREE education as well.