Art Bilger, a venture entrepreneur and member of the business school’s board, claims that a recent Oxford University research predicts that 47 % of jobs will be gone in the developed nations of the world during the next quarter century.
No government is ready, The Economist claims. Jobs like this range from blue to white collar. Thus far, the layoffs have only affected blue-collar workers, mainly those in manufacturing.
Working Nation is a nonprofit organization founded by Bilger that aims to raise awareness about the dangers o “structural unemployment” and assist in the development of strategies to mitigate its effects on the American people.
The future of work is set to undergo a sea change, and it won’t be easy to go back. The venture investor urged the private sector, the public sector, and nonprofit organizations to work together to update the skillsets of the American workforce.
New York Times workplace writer Steven Greenhouse wrote an opinion piece for the Los Angeles Times in 2016, predicting that the advent of autonomous vehicles will lead to the loss of five million American jobs.
Taxi drivers are projected to be among the most affected by the advent of driverless vehicles and the rise of ridesharing services like Uber. Research published by Forbes claimed that many cab drivers would be forced to join the enemy and start working for Uber.
Once upon a time, planning a summer vacation to Malaga included nothing more than stopping by a travel agency on a Saturday afternoon, perusing a few brochures, and having a helpful salesperson put everything together on a giant computer.
Anybody may plan their own vacation nowadays, thanks to the plethora of user-friendly price comparison websites.
Sites like Skyscanner, Trivago, and Opodo allow you to search for flights and hotels based on your specific pricing and date requirements; all you need is a credit card and a little bit of time. As a result, many airlines, hotels, and tour groups are eliminating their brick-and-mortar locations in favor of online-only sales.
The New York Post predicted in 2016 that pilot employment would be among those to be eliminated as a result of increased competition from robots.
For a long time now, airplanes have had autopilot functions to help pilots out; in fact, pilots typically take over during taking off and landing. Humans and goods may soon be transported by planes without human pilots since those two duties are being taught to their robot competitors.
Recent years have seen a rise in discussions regarding the possibility of a cashless society as innovations in contactless payments, Apple Pay, and even cryptocurrencies like Bitcoin gain popularity among the public.
Not everyone is on board; some individuals still prefer to deal only in cash because they find it easier to keep track of their spending that way. But, there is no longer any need for humans to conduct the actual transactional processing of these payments.
In light of the widespread presence of automated checkout machines at grocery stores and even fast food restaurants like McDonald’s, the role of the cashier is gradually being phased out.
If you reside in a newer building, a portion of your property tax may go towards funding a meter reader who will stroll the neighborhood and record the readings of the open utility meters.
That trip, and maybe the job itself, will become obsolete in the near future thanks to simple, inexpensive smart gadgets that are part of the growing mass energy storage movement.
Because the items they deliver are becoming obsolete; for example, bills and statements are increasingly being seen and paid online, junk mail is increasingly being sent to people’s email inboxes, and letter writing is rapidly becoming a lost art.
Even though most utility providers no longer issue paper statements, it’s annoying when a company insists on seeing one as proof of residence.
Organizers of the coal industry’s comeback are as ridiculous as those who promised laid-off Blockbuster workers that the company would soon be reopening.
The New York Times reports that engineers and coders are the backbones of the mining business, powering the machinery that conducts much of the work underground.
However, as the globe shifts towards cleaner energy sources, coal’s availability is decreasing fast as a limited resource.
If you’re thinking about going into the sports industry but aren’t sure what field to go into, you might want to reconsider being a referee or an umpire.
Pressure on FIFA to incorporate more technology into the game has resulted in the widespread adoption of goal-line technology and the use of the video assistance referee (VAR) system in the major European leagues.
This is in line with the practices of other sports like tennis, cricket, and rugby, which have been employing technology to make instantaneous calls for quite some time.
Others say that the potential for human mistakes and the dramatic nature of the game is enhanced by the march towards artificial officiating since many sports laws are susceptible to interpretation.
Even though it has been a generation since most people brought their film to be developed at their neighborhood pharmacy store or one-hour picture, there are still about 27,000 individuals working in the photo processing industry.
Customers who want their digital images edited and printed make up the bulk of their clientele. It’s conceivable that the final remaining photo processors will be phased out as home photo printers and mobile-based editing capabilities evolve.
The Jewelers Board of Commerce found that hundreds of jewelry stores closed their doors in the United States in 2018, contributing to a 4% decline in the sector as a whole.
Unfortunately for the jewelry business, millennials are less motivated than previous generations to make large purchases of high-priced pieces.
Due to a decrease in discretionary money, diamonds may not be as sought after by the younger generations.
In addition, millennials and Gen Z consumers are more inclined to buy from upstarts that follow ethical and sustainable business methods than they are to buy from well-established luxury labels. As a result, if millennials stop buying expensive jewelry, it might spell doom for the industry.
The outlook for these positions is not completely awful, but it does not appear promising. The technological environment is expected to become unrecognizable over the next 13 years, and a 2017 analysis by IT giant Dell estimates that 85% of the occupations that will be accessible in 2030 have not even been conceived yet.
A large portion of the occupations on this list will be reimagined rather than eliminated entirely due to the transferability of their essential skills. To succeed in the competitive job market of the future, you’ll need to be adaptable and open to a variety of career paths. It is important to stay in jobs that won’t get affected by AI.