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The Impact of Automation & AI in the Workplace

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AI and robotics are facilitating the automation of a growing number of “doing” tasks. Today’s AI-enabled, information-rich tools are increasingly able to handle jobs that in the past have been exclusively done by people, for example, tax returns, language translations, accounting, even some types of surgery. It has been reported that about 60 percent of all occupations have at least 30 percent of activities that are technically automatable, based on currently demonstrated technologies. This means that most occupations will change, and more people will have to work with technology.

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The Impact of Automation & AI in the Workplace

  1. 1. Breakfast Briefing 15th November 2017
  2. 2. © Knowledge & Innovation Network 2 Routine tasks will be the first to go—and thanks to advances in robotics engineering, both physical and cognitive tasks will be affected. (Source: Yale & Oxford) There are now 100,000 chatbots on the Facebook Messenger platform, up from 33,000 in 2016 McKinsey recently reported that 30 percent of activities for 60 percent of occupations are now technically automatable. What does it mean for us?
  3. 3. Occupations most at risk from automation © Knowledge & Innovation Network 3 Researchers at Oxford University published research on the likelihood of automation for different occupations.
  4. 4. Automation Timeline © Knowledge & Innovation Network 4
  5. 5. 5 Human-Machine Augmentation Machine-onlyAutomatedTasks Human-centricTasks Machines Augmented By Humans Humans Augmented By Machines More Automation Less Automation
  6. 6. Routine vs. Non-Routine Jobs 6
  7. 7.  Routine physical: bricklaying, driving lorries  Routine cognitive: accounts-payable clerk, telesales  Non-routine physical: short-order cook, nursing  Non-routine cognitive: teacher, doctor, CEO 7 Routine vs. Non-Routine
  8. 8. 8 AI progresses in exponential time
  9. 9. 9 “My job is safe….isn’t it?” The chief executive of Deutsche Bank has hinted thousands of jobs could soon be cut at the global institution, as technology developments including machine learning slash the need for human workers. Wednesday 8 November 2017 11:46am Deutsche Bank's chief executive has hinted at thousands of job losses
  10. 10. 10 On a positive note…. New inventions have been replacing human labour for centuries, and they have led to growth in employment not a decline. Automating more manual and repetitive tasks will eliminate some existing jobs but could also enable some workers to focus on higher value, more rewarding and creative work, removing the monotony from our day jobs.
  11. 11. Will a robot take your job? 11 http://www.bbc.co.uk/news/technology-34066941 Try this yourselves – go to:
  12. 12. Thank you for your support! 12

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