ADVERTISEMENT

Jobs becoming extinct due to technology

Conferences

The advent of ever developing technology is forcing more and more jobs to become extinct. As automation has risen, several jobs, previously done by humans, have become cheaper and faster with the application of machines, reported by HR service provider CIPHR.

Researchers at Oxford suggest that 45% of America’s jobs will become obsolete due to automation in the following two decades and the rest of the world is expected to consort the trend. According to MIT Technology Review the takeover will happen in two stages. At first exclusively liable fields will be reached like transportation/logistics, production labor, and administrative support. The following second wave of computerization will threaten areas dependent on the development of artificial intelligence.

Jobs like video rental clerk, assembly-line worker, travel agent, supermarket cashier, photographic processor are especially endangered, almost extinct, species of professions on the labor market. Postal workers, call center operatives, taxi drivers, office clerks and social media managers have to be afraid being the next plethora of works in immense danger.

The above mentioned process would not be a surprise as, by the cause advancing technology, telephone operators and word processors ceased to exist in the 1990s. Though technology has also created jobs, according to researchers by 2020, more than 75% of the them will be running with the help of technology, as reported by Philly.com, thus complete ignorance towards technological gadgets is not paying its way regarding our future.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.