Many employees nowadays get paid to sit their office and do the same tasks over and over again. Recently, however, employers have been pushing to find ways to outsource that work. Not to countries where the price of labour is low, but to machines. These machines are called worker-bots.
Investors go above and beyond to let these bots become mainstream practice, rather than exception in the workplace. So far this year, they’ve funded the developers of robotic process automation technology for hundreds of millions. This automation technology is then software used to perform tasks previously carried out by humans.
According to research by Crunchbase, more than 600 million dollars have been spent this year into the robotic process automation. The bulk of this went to start-ups and companies in the early growing phase.
The question that immediately comes to mind when reading these figures is: Are all the current employees on their way to becoming obsolete (and thus jobless)? In general, companies implementing robotic process automation technology seem to think not. It is supposed to help their employees focusing on the more important tasks during the day. They can do the things that actually add value.
While there lies truth in those statements, there is at least some reason to worry. Employment trend forecasters predict a widespread loss of jobs coming from this automation movement. Whether this means that people will be fired, is not clear. Where one job disappears, another one will take its place in another form, generally.
It is therefore good to keep in mind what you do each day, and which part of that is bound to be automated away at some point. No need to immediately lay awake at night, but do not close your eyes completely either.
read more:https://techcrunch.com/2018/09/29/bots-replacing-office-workers-drive-big-valuations/