New Jobs because of Automation

Apna College
19 Sept 202200:58

TLDRThe research predicts that by 2025, around eight million jobs will be lost due to automation and the rise of robots. This shift will lead to a significant increase in the use of machine and software technology, replacing human labor in various sectors. The video script discusses the impact of this change, highlighting the role of robots in factories and the development of new functions to fix issues rather than create new ones. It also touches on the potential for discrimination and the importance of ensuring that technological advancements do not lead to further societal divisions.

Takeaways

  • 🤖 By 2025, around eight million jobs are expected to be lost due to automation and AI advancements.
  • 🏭 Companies will increasingly replace humans with robots and machine software for manufacturing and other tasks.
  • 📈 The rise in automation will lead to a significant shift in the job market, with many new opportunities emerging.
  • 🔍 The script mentions the use of chatbots and AI to interact with customers, providing assistance and support.
  • 📊 The development of AI and machine learning is expected to continue at a rapid pace, with ongoing improvements and refinements.
  • 🚀 Early adopters of AI technologies are likely to see benefits, such as increased efficiency and reduced costs.
  • 🌐 The impact of AI will not be limited to a single industry; it will affect various sectors and job functions.
  • 🔧 There will be a need for skilled professionals to develop, maintain, and troubleshoot AI systems.
  • 💡 The script suggests that while AI can bring about positive changes, it's important to consider potential ethical and discrimination issues.
  • 📝 The future of AI development will focus on creating solutions to problems rather than just adding new features.
  • 🌟 The script emphasizes the importance of embracing new technologies and staying informed about the latest advancements in AI.

Q & A

  • What does the research predict about job loss by 2025?

    -The research predicts that by 2025, about eight million jobs will be lost due to automation and the use of robots.

  • What is the impact of automation on the textile industry?

    -Automation is leading to the replacement of human labor with robots and machine software in the textile industry, resulting in a shift towards more automated processes.

  • How does the script mention the use of robots in the context of customer service?

    -The script refers to the use of robots in customer service through the example of chatbots that interact with customers on websites, helping them and being programmed to perform various tasks.

  • What is the role of robot technicians in the current data landscape?

    -Robot technicians are responsible for maintaining and fixing the robots within the company's data centers and factories, ensuring their proper functioning and addressing any issues that arise.

  • How does the script address the development of new technologies and their potential for discrimination?

    -The script raises a concern that new technology developments should not be discriminatory and should be developed in a way that does not cause harm or perpetuate biases.

  • What is the significance of the 'chart document' mentioned in the script?

    -The 'chart document' likely refers to a visual representation of data or a workflow diagram that helps in understanding the interactions between chatbots and customers, as well as the programming involved.

  • How does the script suggest the future of jobs in the context of automation?

    -The script suggests that many jobs will transition to being 'off' or automated, with a focus on fixing and maintaining the automated systems rather than performing the tasks manually.

  • What is the role of AI in the development of new functions within companies?

    -AI plays a significant role in developing new functions and problem-solving within companies, as it can handle complex tasks and improve efficiency.

  • How does the script view the adoption of new technology by different sectors?

    -The script implies that various sectors are adopting new technology, but it also emphasizes the importance of ensuring that this technology is developed responsibly and without negative consequences.

  • What is the importance of addressing discrimination in technology development?

    -Addressing discrimination in technology development is crucial to prevent perpetuating biases and ensuring that technology benefits all users equally without causing harm.

Outlines

00:00

🤖 The Future of Jobs and Automation

The script discusses the prediction that by 2025, around 8 million jobs will be lost due to automation and the rise of robots. It highlights the shift from human labor to robotic and machine software, particularly in the field of customer service. The speaker mentions their interaction with a chat document on a website, which is programmed to assist and categorize user queries. The script also touches on the development of new technologies without discrimination and the potential for further advancements that have not yet reached the market.

Mindmap

Keywords

💡Automation

Automation refers to the use of control systems and information technologies to operate equipment such as robots, machines, or processes with minimal human intervention. In the context of the video, it is a driving force behind the potential loss of jobs by 2025, as companies may replace human labor with automated systems to increase efficiency and reduce costs. The video mentions 'automation' as a reason for the shift towards more robots and machine software in the workforce.

💡Robots

Robots are machines capable of carrying out a complex series of actions automatically, especially by being programmed by a computer. In the video, robots are highlighted as the future of the workforce, potentially taking over human jobs due to advancements in technology and the need for companies to optimize operations. The script talks about the increasing use of robots in factories and other companies.

💡Machine Learning

Machine learning is a subset of artificial intelligence that provides computers with the ability to learn from and make predictions or decisions based on data. The video suggests that machine learning will play a significant role in the future job market, as it enables robots and software to improve their performance over time without explicit programming. This concept is related to the theme of job displacement due to technological advancements.

💡Job Displacement

Job displacement occurs when workers lose their jobs due to technological changes, economic shifts, or other factors that render their skills obsolete. The video script predicts that by 2025, approximately 8 million jobs could be lost to automation and the rise of robots, indicating a significant societal and economic challenge. This concept is central to the video's message about the future of work.

💡Human Labor

Human labor refers to the physical or mental effort performed by humans in the production of goods and services. The video discusses the potential replacement of human labor with robots and automated systems, which could lead to a decrease in the demand for human workers. This is a critical issue as it impacts employment rates and the overall economy.

💡Programming

Programming is the process of creating a set of instructions or code that tells a computer or machine how to perform a specific task. In the video, programming is mentioned as a skill that will be in demand as it is essential for operating and maintaining automated systems and robots. This skill is directly related to the video's theme of technological advancement and its impact on the job market.

💡Factory

A factory is a building or group of buildings where goods are manufactured or assembled. The video script implies that factories are one of the primary settings where automation and robots are being implemented, leading to a significant change in the traditional manufacturing process and the nature of work within these facilities.

💡Artificial Intelligence (AI)

Artificial intelligence refers to the simulation of human intelligence in machines that are designed to think, learn, and problem-solve. The video touches on AI as a key technology that enables robots to perform complex tasks and make decisions, which is a driving factor in the potential displacement of human jobs by 2025.

💡Workforce

The workforce consists of all working individuals in a particular society or economy. The video addresses the future of the workforce in the context of automation, suggesting that the composition of the workforce may shift significantly as robots and AI take on more roles traditionally performed by humans.

💡Economic Shifts

Economic shifts refer to changes in the economic landscape that can affect employment, industry growth, and the overall economy. The video discusses economic shifts as a result of technological advancements, which could lead to job displacement and the need for new skills and industries to adapt to these changes.

💡Skill Obsolescence

Skill obsolescence occurs when the skills that workers have are no longer in demand due to technological advancements or changes in the economy. The video implies that many current skills may become obsolete by 2025, necessitating a shift in the types of skills that workers need to remain employable in an automated job market.

Highlights

By 2025, around 8 million jobs could be lost due to automation.

Companies will increasingly replace human labor with robots and machine software.

The use of robots and machine software will become more prevalent in various industries.

Robot technicians will be in demand to maintain and repair automated systems.

There will be a significant shift in the job market due to automation.

New functions or problems will emerge, requiring skilled individuals to fix them.

The development of new technology is being watched closely for potential discrimination issues.

The video discusses the potential negative impacts of not addressing these technological changes.

The transcript mentions the importance of developing technology without discrimination.

The video aims to provide tips and insights into the future of automation and its effects.

The transcript highlights the need for a balanced approach to technological advancement.

The video emphasizes the importance of adapting to new technologies to avoid potential harm.

The transcript suggests that there is a growing awareness of the need for ethical development of technology.

The video aims to engage viewers by summarizing the core content of the impact of automation.

The transcript includes a musical element, indicating a multimedia approach to the presentation.

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