83% chance anyone earning £15 or less per hour will eventually be replaced by a computer

83% chance anyone earning £15 or less per hour will eventually be replaced by a computer

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

median

The results showed a 0.83 median probability of automation replacing the lowest-paid workers — those manning the deep fryers, call centers, and supermarket cash registers — while the other two wage classes had 0.31 and 0.04 chances of getting automated, respectively.

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.

So what should I do?

  • Have a backup plan
  • Diversify your skills
  • Continue learning outside of work/uni etc
  • Speak to your boss and see what problems they can see happening in the future
  • Read more about it on here

Leave a Facebook comment


More 10ways.com posts:


Important things to remember with everything we post:

  • If you earn over your personal allowance (currently £12,500 a year) HMRC need to get their % cut (even if the money is in cash or from another country)
  • If you’re working for yourself / earning an income on the side you need to let HMRC know – There are numerous benefits but also some drawbacks
  • You need to always ensure whatever you’re doing is legal and not hurting anyone else – be careful and always think twice
  • Some income streams may require you to have DBS check, licence, insurance or qualifications before you can start to profit from it, do your research.
  • Be careful that any additional income doesn’t compromise your studies or main income/job
  • If you work for a company check your contract, if you don’t inform them you’re working on other side projects outside of work they may have grounds to ownership on this work

Most popular posts

More 10ways posts:

Legendary Deals: