Professional Documents
Culture Documents
Atomationof Jobs
Atomationof Jobs
Mounik Reddy
In this research paper, we present a Automation systems as Job stealing technology that will
result in loss of millions of human job. This will ultimately evolve to a world wide serious
catastrophic financial crisis due to human job loss and inflation. Automation technology is
further augmented by the integration of block chain, cloud networking, wireless communication,
electronics, virtualization, sensor technology, communication technology, grid computing, etc.
Although Automation technology has started as a hobby or research project in the late 1950’s to
provide the manufacturer or individual with an remote control of various electrical and
mechanical appliances within their company or home, today it is norm in every sector of the
industry and commercial organization. In today’s global economy of open markets, all levels and
sizes of companies are faced with global competitors in their respective domains of the
commerce. For example, Coca Cola Company is a world renowned beverage company that sells
its wide range of soft drink products all over the world in the face of local and global
competitors. Hence there is a dire and immediate need for Coca Cola company to produce ,
market and distribute their products and services better, faster, cheaper and in high volume than
their global competitors. So in order to make it happen Coca Cola company chooses to
implement Automation of all their business processes like manufacturing, packing, quality
testing, monitoring etc., This results in loss of multiple jobs all over the world where Coca Cola
company is located. In the not too distant future, such autonomous technology enabled
companies are likely to replace their employees and management alike with automation
technology enabled machines. Robots may start to take over even field jobs also like, driving,
cooking, surgeries, education, farming, harvesting crops, food processing etc. It’s only a matter
of time before Automation technology become commonplace resulting the loss of jobs to
millions of workers all over the World in every industrial sector and commercial domain alike.
Technology replacing human workers is nothing new. But as automation begins to take over
nearly every trade, there might be still fewer jobs available, leading to higher unemployment.
Some people conjecture that government might step in and provide what’s known as a universal
basic income—a form of social security in which all citizens receive a sum of money with no
strings attached to cover their basic needs.
In summary the future looks bleak and dire for job seekers and job doers. However many
research studies done on this topic by industry giants like IBM, Microsoft, Google, Apple and
research institutions like McKinsey Global Institute, Carnegie Mellon, Ford Research institute,
International Institute for Sustainable Development have found that automation technology will
affect only 5% to 20 % of the world job market. Another interesting fact that the research
studies have found is that the effect of automation technology on job loss id directly dependent
on the occupation and skill the job requires performing. However the normal individuals and
news media are of the opinion that eventually automation technology will replace all the jobs in
the not too distant time period and are of the apprehension that robots of giant world technology
companies are going to take over the jobs of all humans. In spite of much research study stating
the facts to be other than this the normal individual is very much worried for the future of the job
market and the human race alike.
References
[1] Hillary Schaub and Darrell M. West,(2015) “Should I Worry about Amy the AI Robot
Taking My Job?”, Brookings Institution TechTank.
[2] James Manyika, Michael Chui, Jacques Bughin, Richard Dobbs, Peter Bisson, and
Alex, Marrs, (2013) “Disruptive Technologies: Advances That Will Transform Life, Business,
and the Global Economy,” McKinsey Global Institute.
[3] Daniela Rus, (2015) “How Technological Breakthroughs Will Transform Everyday
Life,” Foreign Affairs.
[4] Philip Howard, (2015) Pax Technica: How the Internet of Things May Set Us Free or
Lock Us Up, Yale University Press.
[5] James Hagerty,(2015) “Meet the New Generation of Robots for Manufacturing,” Wall
Street Journal.
[6] Alison Sander and Meldon Wolfgang.(2014) “The Rise of Robotics.” The Boston
Consulting Group.
https://www.bcgperspectives.com/content/articles/business_unit_strategy_innovation_rise_of_ro
botics/.
[8] John Markoff, (2015)“Korean Team Wins Pentagon’s Crisis Robotics Contest,” New
York Times.
Ethics Technique
4. Who is affected?
Ans: All Job doers and job seekers are affected by this automation technology especially
those in banking, agriculture, food processing, education, military, transport, millennial
Student community, unskilled cottage and other sectors of the industry.