Let’s imagine a world in which there is no work, a world in which you do not need to get up early in the morning, and leave your home for the company or institution in which you work for 8 hours every day… Let’s imagine a world in which people will not have to run after a morsel of bread and the basics of life, a world in which robots and intelligence will Artificial intelligence does all the work so that humans can devote themselves to enjoying life and doing the things they have always dreamed of making time to do.
This is entirely possible with the Fourth Industrial Revolution, but before reaching the “promised heaven” there is a long road of suffering, doubts and questions, each previous industrial revolution created a state of uncertainty about the future of human beings, in the field of work in particular. Yes, humans have evolved over hundreds of thousands of years to become an essential part of their lives and identities.
Hollywood movies are just a pessimistic fantasy
Societies have also developed, particularly around the concepts of the relationship between people and their work. It seems a frightening idea that technology will take the place of people at work, and Hollywood authors have created horrific scenes of the future where humans and machines fight against each other for survival, but technology was created for the comfort and well-being of humans, and every new invention throughout history led to human development and prosperity them, since the discovery of fire until the invention of electricity and the Internet.
Each previous industrial revolution has created new jobs, occupations, and industries that have replaced the jobs, occupations and industries that have technically replaced. However, there are many good reasons to believe that the Fourth Industrial Revolution – defined by automation, artificial intelligence, and machine learning technologies – will not follow a similar path as previous revolutions.
It is widely expected that the new jobs and occupations that the Fourth Industrial Revolution will create will be far fewer than the ones it will eliminate, and more aggressive predictions give humans a 50-50 chance of replacing all human work with technology before 2050.
Machines will do all the work that humans do in 2050
In 2017, a group of researchers at the British “Oxford” University and the American “Yale” University issued a joint study based on a survey of 352 experts in “Machine Learning” and “Artificial Intelligence”. There is a 50% chance that artificial intelligence will outperform human intelligence in all fields within 45 years from now.
According to a study for the world economic forum As reported by news agencies recently, the rate of “automation” in all types of jobs will rise to 52% by 2025.
The study found that robots will eliminate about 85 million jobs in medium and large-sized companies over the next five years.
It is widely expected that machines will do all the work that humans do now by 2050, as technology will dominate the labor market with the spread of artificial intelligence and smart assistants, the use of virtual and augmented reality at work will increase, and everything “smart” will be connected and data-driven. . As for the jobs that humans will work at that time, most, if not all, have not yet been invented, but emotional intelligence and “human” skills such as the ability to constantly learn will be critical, in addition to being completely fluent in using the latest technologies, as I mentioned platform Kaspersky recently.
Whether humans are left out entirely, or partly kept at work, technological advances around automation, artificial intelligence, and machine learning will benefit businesses and customers in myriad ways.
Robots are less expensive and more efficient
The reason for adopting the technologies of the Fourth Industrial Revolution and cutting people off at work is due to two main factors: cost and efficiency. Put simply, jobs that require repetitive tasks and repetitive bodily motions, as well as jobs that require little independent decision-making on the job, can be completed more efficiently by robots and machines, and at a much lower cost than human employees.
Machines also make fewer mistakes than humans, need no breaks or vacations, and can meet the same or higher quality standards as humans produce in these jobs. This means that companies will reduce the costs that they were paying in addition to achieving an increase in production and better quality, and of course customers and customers will benefit from high quality products, at a lower price, as I mentioned recently. platform Irish Tech News (irishtechnews).
We are already seeing this in many occupations and manufacturing industries, for example, robots in the assembly line produce high-quality cars, at a lower cost compared to human labor. Many restaurants, shops, and pharmacies in China are already providing high-quality products and services using machines instead of people.
As companies gain efficiencies in the production of services and goods through the use of Fourth Industrial Revolution technologies, these companies create more market value for them. The economy will grow as long as businesses and consumers continue to buy goods and services.
Societies must adapt to changes in how companies operate, and benefit from technological developments associated with the Fourth Industrial Revolution, and the Corona pandemic has brought another dimension to the discussion about how technology will benefit companies, employees and customers. Indeed, lockdowns, curfews, and limitation of social contact between friends and families have shown that humans not only require social interaction, but thrive in social interaction.
Integration, not conflict, between humans and machines
For companies, this opens up new opportunities to engage with strategic nuance by answering the question: What products and services can machines complete better than humans in ways that add value to certain market segments? Conversely, what products and services can humans complete better than machines in ways that add similar value to certain market segments?
We should not think that the Fourth Industrial Revolution will create division or conflict between humans or machines. Instead, it will create a kind of integration between humans and machines, an integration that will be extremely beneficial to humanity.
As machines will increasingly replace humans, companies and businesses will benefit from these technological developments of the Fourth Industrial Revolution in another unexpected way, as these companies will have a real opportunity to unleash the creativity of these humans to help solve problems or create new things that benefit the work.
A different world and a new renaissance of human creativity
Let’s imagine a world in which people no longer need to work to live a comfortable life and can instead allow their emotions, interests, and creativity to guide their daily activities. Instead of worrying about a fun-free job that only brings home enough income to pay for the basics of life, people can pursue activities that bring them the true happiness they’ve always dreamed of.
People with artistic inclinations will find time to draw, and others who have literary inclinations will find time to write the novel they have always dreamed of, and groups of people with similar ideas may meet to discuss big ideas, this is how philosophers are made.
Perhaps it is the technological advances created by the Fourth Industrial Revolution that will allow a new renaissance of human creativity. It’s a paradox, but the more we rely on technology, the more human we become.
But we should not delude ourselves into thinking that these shifts will happen easily and smoothly. We should not assume that it will occur uniformly in different countries of the world… A lot of inequality will occur within societies if governments and states do not deal with the complexities and implications of technology replacing humans at work.
As with many cases throughout human history, technology itself is not the problem. On the contrary, technology always improves human life. But the problem is in the way in which we humans use technology, and in fact, the Fourth Industrial Revolution will be a great blessing that will transfer humanity to another level of prosperity and prosperity that was not dreamed of before, provided that we improve dealing with it through a fair distribution of the wealth that this revolution will create.