SlideShare a Scribd company logo
1 of 45
Download to read offline
@reedcouk
WILL WE WORK
FOR ROBOTS?
#reedrectech
The future of work in a world of AI & robotics
@reedcouk
#reedrectech
1960s
@reedcouk
#reedrectech
1990s
@reedcouk
#reedrectech
Today
Will a Robot be my Boss?
Will a Robot be my Boss?
OUR RESEARCH
n=2,000 - August 2017
YOUR CHANCE TO WIN
A shameless plug from reed.co.uk
Simply share a pic of our research with
your networks
using #reedrectech
HUMANS V ROBOTS
A consumer view of today’s
automated services
Will a Robot be my Boss?
HUMANS WIN…JUST
57%
Prefer people-manned checkouts over
self service
BUT WHY?
More personable (57%)
Humans are (supposedly):
Offer greater peace of mind (41%)
More reliable (41%)
IN THE NEWS
YOUNG IN TECH-SHUN-SHOCK
18-24’s prefer people manned
checkouts
72%
Whereas 25-34’s prefer
automated checkouts
60%
MEET TELENOID
A.I. INTERACTION
Of adults have used chatbots
64%
Have used online chat function,
unsure if real or chatbot
31%
ASK SKY BET’S JEFF
MEET REEDBOT
facebook.com/reedcoukBot
IN THE NEWS
THE ROBOTS ARE COMING…
Which jobs do UK workers
believe are most at risk?
EXTRA COMPETITION
61%
Agree computers, automation or robots will
take the jobs of humans
JOBS AT RISK
Factory workers
Top 5 by job title
Receptionists
Telemarketers
Customer service
Librarians
Will a Robot be my Boss?
Will a Robot be my Boss?
THE HUMAN TOUCH
Doctors
Top 5 by job titles least at risk
Vets
Chefs
Scientists
Social workers
ME, PERSONALLY…
How at risk did each of our
survey respondents feel?
EXTRA COMPETITION
1/2
Feel they could be replaced
within the next 10 years
SENIOR MANAGEMENT BEWARE…
Those at a higher level of business
fear being replaced most
37%
Of C-suite employees feel
“very concerned”
SPECIALIST SKILLS
1/3
Believe they are not at risk with specialised skills
important to decision making
A HARMONIOUS RELATIONSHIP
Processes quicker to complete
People & tech working together to get the job done
Menial tasks easier to manage
Fewer errors made
More time for complex tasks
Better thought out decisions
IN THE FUTURE WHEN ALL’S WELL
THE HUMAN/ROBOT BALANCE
20-40%
of the workforce in 10 year’s time
The majority believe robots/automation/AI will
account for
Will a Robot be my Boss?
NOT ALL DOOM AND GLOOM
30%
change within their industry
Believe advancement in technology will be biggest driver of
NOT ALL DOOM AND GLOOM
40%
will be biggest driver of change within their industry
Of Recruitment Professionals believe technology
RECRUITMENT & ROBOTICS
How AI can improve the
candidate experience
Will a Robot be my Boss?
LET’S PLAY A GAME
GUESS THE SECTOR
Accountancy Accountancy (Qualified) Banking Financial Services
Business/Investment Analyst
This role is crucial for the business and the tasks must be carried out daily with the utmost accuracy to ensure FCA
compliance. This position would have one direct report.
The key responsibilities include:
*To act as the main contact within the Finance Department for the delivery of unit pricing and investment accounting;
*To be responsible for the operation and maintenance of the Linedata ICON investment management system;
*To ensure tax and expenses are dealt with in an appropriate manner;
*To calculate unit fund prices daily within the agreed timescale within strict deadlines and regulatory requirements;
*To process investment trades;
https://www.reed.co.uk/jobs/business-investment-analyst/32758033
Accountancy Accountancy (Qualified) Banking Financial Services
Business/Investment Analyst
This role is crucial for the business and the tasks must be carried out daily with the utmost accuracy to ensure FCA
compliance. This position would have one direct report.
The key responsibilities include:
*To act as the main contact within the Finance Department for the delivery of unit pricing and investment accounting;
*To be responsible for the operation and maintenance of the Linedata ICON investment management system;
*To ensure tax and expenses are dealt with in an appropriate manner;
*To calculate unit fund prices daily within the agreed timescale within strict deadlines and regulatory requirements;
*To process investment trades;
https://www.reed.co.uk/jobs/business-investment-analyst/32758033
LET’S PLAY A GAME
GUESS THE SECTOR
HOW MIXED UP ARE ‘SECTORS’?
A MACHINE VIEW USING WORDS/PHRASES AS FEATURES
WHAT’S IN A JOB TITLE
BUILDING AN OCCUPATIONAL TAXONOMY
Experienced Financial Adviser - Profitable Client Bank + Annual Bonus
+ Car Allowance - 45K
WHAT’S IN A JOB TITLE
BUILDING AN OCCUPATIONAL TAXONOMY
Experienced Financial Adviser - Profitable Client Bank + Annual Bonus
+ Car Allowance - 45K
Seniority
Occupation
Benefits
Benefits Money
Misc
A NEW ORDER
UNDER THE HOOD
Occupation/KD: Financial Services/Advisor/Financial Advisor
Level 1:
Fixed regardless
of classification
Level 2:
KD of the job
based on title and
description
Level 3:
SOC occupation
Level 4:
Machine
generated
occupation
There are some
occupations with 10
levels of depth
A ROBOT REVOLUTION IN
CONCLUSION
We accept our robot friends
Making our working life easier
Concerns over impact on society
A workforce prepared to adapt
We’ll always need the human touch
@reedcouk
THANKS
#reedrectech

More Related Content

Similar to Will a Robot be my Boss?

Le rapport publie_par_pwc_luxembourg_0
Le rapport publie_par_pwc_luxembourg_0Le rapport publie_par_pwc_luxembourg_0
Le rapport publie_par_pwc_luxembourg_0Marie-Astrid Heyde
 
Corporate innovation in the financial industry, banking, insurance by tommaso...
Corporate innovation in the financial industry, banking, insurance by tommaso...Corporate innovation in the financial industry, banking, insurance by tommaso...
Corporate innovation in the financial industry, banking, insurance by tommaso...Tommaso Di Bartolo
 
AI in retail - Key themes October 2017
AI in retail - Key themes October 2017AI in retail - Key themes October 2017
AI in retail - Key themes October 2017Charlotte Brook
 
Boston Fintech Week - Day 1
Boston Fintech Week - Day 1Boston Fintech Week - Day 1
Boston Fintech Week - Day 1QuantUniversity
 
Ai in retail key themes aug 2017 final
Ai in retail   key themes aug 2017 finalAi in retail   key themes aug 2017 final
Ai in retail key themes aug 2017 finalCharlotte Brook
 
The Impact of Technology on Resident Satisfaction
The Impact of Technology on Resident SatisfactionThe Impact of Technology on Resident Satisfaction
The Impact of Technology on Resident SatisfactionAppFolio
 
3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategySandhya Krishnamurthy
 
Riding the wave of change in manufacturing
Riding the wave of change in manufacturingRiding the wave of change in manufacturing
Riding the wave of change in manufacturingAndreas Schwarzenbrunner
 
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9FinTech Belgium
 
Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...
Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...
Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...NetworkCollaborators
 
Max secure report
Max secure report Max secure report
Max secure report Shovit Das
 
Budget 2012
Budget 2012Budget 2012
Budget 2012jayantik
 
The Future of Disruptive and Enabling Financial Technology post CV-19
The Future of Disruptive and Enabling Financial Technology post CV-19The Future of Disruptive and Enabling Financial Technology post CV-19
The Future of Disruptive and Enabling Financial Technology post CV-19Finch Capital
 
10 things you need to know about thai startup ecosystem 2016
10 things you need to know about thai startup ecosystem 201610 things you need to know about thai startup ecosystem 2016
10 things you need to know about thai startup ecosystem 2016Techsauce Media
 
Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...
Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...
Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...Jeremy Johnson
 
Digital Revolution 4.0 is Here Today
Digital Revolution 4.0 is Here TodayDigital Revolution 4.0 is Here Today
Digital Revolution 4.0 is Here TodayDr. Mazlan Abbas
 
Intuit's - Investor Day 2015 Presentation
Intuit's - Investor Day 2015 PresentationIntuit's - Investor Day 2015 Presentation
Intuit's - Investor Day 2015 Presentationinvestorsintuitinc
 
IR 4.0 Transitional Stage - Where Are We Mow
IR 4.0 Transitional Stage - Where Are We MowIR 4.0 Transitional Stage - Where Are We Mow
IR 4.0 Transitional Stage - Where Are We MowDr. Mazlan Abbas
 
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...apidays
 
The union budget 12 13 on moneycontrol.com
The union budget 12 13 on moneycontrol.comThe union budget 12 13 on moneycontrol.com
The union budget 12 13 on moneycontrol.commoneycontrol
 

Similar to Will a Robot be my Boss? (20)

Le rapport publie_par_pwc_luxembourg_0
Le rapport publie_par_pwc_luxembourg_0Le rapport publie_par_pwc_luxembourg_0
Le rapport publie_par_pwc_luxembourg_0
 
Corporate innovation in the financial industry, banking, insurance by tommaso...
Corporate innovation in the financial industry, banking, insurance by tommaso...Corporate innovation in the financial industry, banking, insurance by tommaso...
Corporate innovation in the financial industry, banking, insurance by tommaso...
 
AI in retail - Key themes October 2017
AI in retail - Key themes October 2017AI in retail - Key themes October 2017
AI in retail - Key themes October 2017
 
Boston Fintech Week - Day 1
Boston Fintech Week - Day 1Boston Fintech Week - Day 1
Boston Fintech Week - Day 1
 
Ai in retail key themes aug 2017 final
Ai in retail   key themes aug 2017 finalAi in retail   key themes aug 2017 final
Ai in retail key themes aug 2017 final
 
The Impact of Technology on Resident Satisfaction
The Impact of Technology on Resident SatisfactionThe Impact of Technology on Resident Satisfaction
The Impact of Technology on Resident Satisfaction
 
3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy
 
Riding the wave of change in manufacturing
Riding the wave of change in manufacturingRiding the wave of change in manufacturing
Riding the wave of change in manufacturing
 
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
FinTech Belgium MeetUp on ICOs 08/03/18 - PITCH Cédric Loyens - GIG9
 
Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...
Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...
Cisco Connect 2018 Malaysia - CMX-leverage your wireless network to improve c...
 
Max secure report
Max secure report Max secure report
Max secure report
 
Budget 2012
Budget 2012Budget 2012
Budget 2012
 
The Future of Disruptive and Enabling Financial Technology post CV-19
The Future of Disruptive and Enabling Financial Technology post CV-19The Future of Disruptive and Enabling Financial Technology post CV-19
The Future of Disruptive and Enabling Financial Technology post CV-19
 
10 things you need to know about thai startup ecosystem 2016
10 things you need to know about thai startup ecosystem 201610 things you need to know about thai startup ecosystem 2016
10 things you need to know about thai startup ecosystem 2016
 
Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...
Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...
Customer Experience in the Rise of the Digital Age — Atlanta XD Meeting 9/13/...
 
Digital Revolution 4.0 is Here Today
Digital Revolution 4.0 is Here TodayDigital Revolution 4.0 is Here Today
Digital Revolution 4.0 is Here Today
 
Intuit's - Investor Day 2015 Presentation
Intuit's - Investor Day 2015 PresentationIntuit's - Investor Day 2015 Presentation
Intuit's - Investor Day 2015 Presentation
 
IR 4.0 Transitional Stage - Where Are We Mow
IR 4.0 Transitional Stage - Where Are We MowIR 4.0 Transitional Stage - Where Are We Mow
IR 4.0 Transitional Stage - Where Are We Mow
 
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...
 
The union budget 12 13 on moneycontrol.com
The union budget 12 13 on moneycontrol.comThe union budget 12 13 on moneycontrol.com
The union budget 12 13 on moneycontrol.com
 

More from TALiNT Partners

AI, Automation & Agencies
AI, Automation & AgenciesAI, Automation & Agencies
AI, Automation & AgenciesTALiNT Partners
 
First Universal Solution for Hirers, Agencies, Workers and Payroll Companies
First Universal Solution for Hirers, Agencies, Workers and Payroll CompaniesFirst Universal Solution for Hirers, Agencies, Workers and Payroll Companies
First Universal Solution for Hirers, Agencies, Workers and Payroll CompaniesTALiNT Partners
 
JobDiva's Innovations in Intelligent Recruitment
JobDiva's Innovations in Intelligent RecruitmentJobDiva's Innovations in Intelligent Recruitment
JobDiva's Innovations in Intelligent RecruitmentTALiNT Partners
 
Direct Sourcing – The Insider’s View
Direct Sourcing – The Insider’s ViewDirect Sourcing – The Insider’s View
Direct Sourcing – The Insider’s ViewTALiNT Partners
 
Leveraging Communications Technology in Recruitment & Staffing
Leveraging Communications Technology in Recruitment & StaffingLeveraging Communications Technology in Recruitment & Staffing
Leveraging Communications Technology in Recruitment & StaffingTALiNT Partners
 
PR – Why it’s an Investment Rather than a Cost
PR – Why it’s an Investment Rather than a CostPR – Why it’s an Investment Rather than a Cost
PR – Why it’s an Investment Rather than a CostTALiNT Partners
 
Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...
Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...
Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...TALiNT Partners
 
The Impact of Informed Candidates on Your Business
The Impact of Informed Candidates on Your BusinessThe Impact of Informed Candidates on Your Business
The Impact of Informed Candidates on Your BusinessTALiNT Partners
 
Flex or Break - How to Engage the New Talent Economy
Flex or Break - How to Engage the New Talent EconomyFlex or Break - How to Engage the New Talent Economy
Flex or Break - How to Engage the New Talent EconomyTALiNT Partners
 
Connecting Up the Supply Chain
Connecting Up the Supply ChainConnecting Up the Supply Chain
Connecting Up the Supply ChainTALiNT Partners
 
The times, they are changing...
The times, they are changing...The times, they are changing...
The times, they are changing...TALiNT Partners
 
Keep a Pulse: Turning Data into Relationship Insights and (Automated) Action
Keep a Pulse: Turning Data into Relationship Insights and (Automated) ActionKeep a Pulse: Turning Data into Relationship Insights and (Automated) Action
Keep a Pulse: Turning Data into Relationship Insights and (Automated) ActionTALiNT Partners
 
Data Analytics in Today's War for Talent
Data Analytics in Today's War for TalentData Analytics in Today's War for Talent
Data Analytics in Today's War for TalentTALiNT Partners
 
WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...
WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...
WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...TALiNT Partners
 
Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...
 Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor... Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...
Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...TALiNT Partners
 
Creating Value Beyond Recruitment
Creating Value Beyond RecruitmentCreating Value Beyond Recruitment
Creating Value Beyond RecruitmentTALiNT Partners
 
Welcome to RLCon Scotland 2017
Welcome to RLCon Scotland 2017Welcome to RLCon Scotland 2017
Welcome to RLCon Scotland 2017TALiNT Partners
 
Finding Your Fit: Using Company Culture to Hire the Right Talent
Finding Your Fit: Using Company Culture to Hire the Right TalentFinding Your Fit: Using Company Culture to Hire the Right Talent
Finding Your Fit: Using Company Culture to Hire the Right TalentTALiNT Partners
 

More from TALiNT Partners (20)

AI, Automation & Agencies
AI, Automation & AgenciesAI, Automation & Agencies
AI, Automation & Agencies
 
First Universal Solution for Hirers, Agencies, Workers and Payroll Companies
First Universal Solution for Hirers, Agencies, Workers and Payroll CompaniesFirst Universal Solution for Hirers, Agencies, Workers and Payroll Companies
First Universal Solution for Hirers, Agencies, Workers and Payroll Companies
 
JobDiva's Innovations in Intelligent Recruitment
JobDiva's Innovations in Intelligent RecruitmentJobDiva's Innovations in Intelligent Recruitment
JobDiva's Innovations in Intelligent Recruitment
 
Direct Sourcing – The Insider’s View
Direct Sourcing – The Insider’s ViewDirect Sourcing – The Insider’s View
Direct Sourcing – The Insider’s View
 
Leveraging Communications Technology in Recruitment & Staffing
Leveraging Communications Technology in Recruitment & StaffingLeveraging Communications Technology in Recruitment & Staffing
Leveraging Communications Technology in Recruitment & Staffing
 
PR – Why it’s an Investment Rather than a Cost
PR – Why it’s an Investment Rather than a CostPR – Why it’s an Investment Rather than a Cost
PR – Why it’s an Investment Rather than a Cost
 
Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...
Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...
Talent Leaders Connect, The Year Ahead and Candidate Experience 2018 - Welcom...
 
The Impact of Informed Candidates on Your Business
The Impact of Informed Candidates on Your BusinessThe Impact of Informed Candidates on Your Business
The Impact of Informed Candidates on Your Business
 
Flex or Break - How to Engage the New Talent Economy
Flex or Break - How to Engage the New Talent EconomyFlex or Break - How to Engage the New Talent Economy
Flex or Break - How to Engage the New Talent Economy
 
Connecting Up the Supply Chain
Connecting Up the Supply ChainConnecting Up the Supply Chain
Connecting Up the Supply Chain
 
The times, they are changing...
The times, they are changing...The times, they are changing...
The times, they are changing...
 
Keep a Pulse: Turning Data into Relationship Insights and (Automated) Action
Keep a Pulse: Turning Data into Relationship Insights and (Automated) ActionKeep a Pulse: Turning Data into Relationship Insights and (Automated) Action
Keep a Pulse: Turning Data into Relationship Insights and (Automated) Action
 
Data Analytics in Today's War for Talent
Data Analytics in Today's War for TalentData Analytics in Today's War for Talent
Data Analytics in Today's War for Talent
 
Exceptional Talent
Exceptional TalentExceptional Talent
Exceptional Talent
 
WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...
WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...
WHY – A Sense of Purpose and the Positive Impact That This Can Have on Perfor...
 
Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...
 Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor... Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...
Innovation Spotlight: The First Universal Solution for Hirers, Agencies, Wor...
 
Creating Value Beyond Recruitment
Creating Value Beyond RecruitmentCreating Value Beyond Recruitment
Creating Value Beyond Recruitment
 
Welcome to RLCon Scotland 2017
Welcome to RLCon Scotland 2017Welcome to RLCon Scotland 2017
Welcome to RLCon Scotland 2017
 
Finding Your Fit: Using Company Culture to Hire the Right Talent
Finding Your Fit: Using Company Culture to Hire the Right TalentFinding Your Fit: Using Company Culture to Hire the Right Talent
Finding Your Fit: Using Company Culture to Hire the Right Talent
 
The New Talent Journey
The New Talent JourneyThe New Talent Journey
The New Talent Journey
 

Will a Robot be my Boss?

  • 1. @reedcouk WILL WE WORK FOR ROBOTS? #reedrectech The future of work in a world of AI & robotics
  • 8. YOUR CHANCE TO WIN A shameless plug from reed.co.uk Simply share a pic of our research with your networks using #reedrectech
  • 9. HUMANS V ROBOTS A consumer view of today’s automated services
  • 11. HUMANS WIN…JUST 57% Prefer people-manned checkouts over self service
  • 12. BUT WHY? More personable (57%) Humans are (supposedly): Offer greater peace of mind (41%) More reliable (41%)
  • 14. YOUNG IN TECH-SHUN-SHOCK 18-24’s prefer people manned checkouts 72% Whereas 25-34’s prefer automated checkouts 60%
  • 16. A.I. INTERACTION Of adults have used chatbots 64% Have used online chat function, unsure if real or chatbot 31%
  • 20. THE ROBOTS ARE COMING… Which jobs do UK workers believe are most at risk?
  • 21. EXTRA COMPETITION 61% Agree computers, automation or robots will take the jobs of humans
  • 22. JOBS AT RISK Factory workers Top 5 by job title Receptionists Telemarketers Customer service Librarians
  • 25. THE HUMAN TOUCH Doctors Top 5 by job titles least at risk Vets Chefs Scientists Social workers
  • 26. ME, PERSONALLY… How at risk did each of our survey respondents feel?
  • 27. EXTRA COMPETITION 1/2 Feel they could be replaced within the next 10 years
  • 28. SENIOR MANAGEMENT BEWARE… Those at a higher level of business fear being replaced most 37% Of C-suite employees feel “very concerned”
  • 29. SPECIALIST SKILLS 1/3 Believe they are not at risk with specialised skills important to decision making
  • 30. A HARMONIOUS RELATIONSHIP Processes quicker to complete People & tech working together to get the job done Menial tasks easier to manage Fewer errors made More time for complex tasks Better thought out decisions
  • 31. IN THE FUTURE WHEN ALL’S WELL
  • 32. THE HUMAN/ROBOT BALANCE 20-40% of the workforce in 10 year’s time The majority believe robots/automation/AI will account for
  • 34. NOT ALL DOOM AND GLOOM 30% change within their industry Believe advancement in technology will be biggest driver of
  • 35. NOT ALL DOOM AND GLOOM 40% will be biggest driver of change within their industry Of Recruitment Professionals believe technology
  • 36. RECRUITMENT & ROBOTICS How AI can improve the candidate experience
  • 38. LET’S PLAY A GAME GUESS THE SECTOR Accountancy Accountancy (Qualified) Banking Financial Services Business/Investment Analyst This role is crucial for the business and the tasks must be carried out daily with the utmost accuracy to ensure FCA compliance. This position would have one direct report. The key responsibilities include: *To act as the main contact within the Finance Department for the delivery of unit pricing and investment accounting; *To be responsible for the operation and maintenance of the Linedata ICON investment management system; *To ensure tax and expenses are dealt with in an appropriate manner; *To calculate unit fund prices daily within the agreed timescale within strict deadlines and regulatory requirements; *To process investment trades; https://www.reed.co.uk/jobs/business-investment-analyst/32758033
  • 39. Accountancy Accountancy (Qualified) Banking Financial Services Business/Investment Analyst This role is crucial for the business and the tasks must be carried out daily with the utmost accuracy to ensure FCA compliance. This position would have one direct report. The key responsibilities include: *To act as the main contact within the Finance Department for the delivery of unit pricing and investment accounting; *To be responsible for the operation and maintenance of the Linedata ICON investment management system; *To ensure tax and expenses are dealt with in an appropriate manner; *To calculate unit fund prices daily within the agreed timescale within strict deadlines and regulatory requirements; *To process investment trades; https://www.reed.co.uk/jobs/business-investment-analyst/32758033 LET’S PLAY A GAME GUESS THE SECTOR
  • 40. HOW MIXED UP ARE ‘SECTORS’? A MACHINE VIEW USING WORDS/PHRASES AS FEATURES
  • 41. WHAT’S IN A JOB TITLE BUILDING AN OCCUPATIONAL TAXONOMY Experienced Financial Adviser - Profitable Client Bank + Annual Bonus + Car Allowance - 45K
  • 42. WHAT’S IN A JOB TITLE BUILDING AN OCCUPATIONAL TAXONOMY Experienced Financial Adviser - Profitable Client Bank + Annual Bonus + Car Allowance - 45K Seniority Occupation Benefits Benefits Money Misc
  • 43. A NEW ORDER UNDER THE HOOD Occupation/KD: Financial Services/Advisor/Financial Advisor Level 1: Fixed regardless of classification Level 2: KD of the job based on title and description Level 3: SOC occupation Level 4: Machine generated occupation There are some occupations with 10 levels of depth
  • 44. A ROBOT REVOLUTION IN CONCLUSION We accept our robot friends Making our working life easier Concerns over impact on society A workforce prepared to adapt We’ll always need the human touch