Will smart machines take away your job?
Will the rise of smart machines, the so-called "Internet of Things," make your job obsolete?
That is the question asked by Gartner analyst Tom Austin in a recent blog. He cites a study by University of Oxford researchers Carl Frey and Michael Osborne, which found that close to one-half of all current U.S. jobs are at risk from smart machines and computerization over the next two decades.
The University of Oxford research also found computerization would have a negative effect on wages and education. "For workers to win the race [with technology] ... they will have to acquire creative and social skills," the researchers opined.
Gartner conducted its own research into the matter, concluding that a majority of knowledge workers would have their career paths disrupted by smart machines by 2020.
"Smart machines--a broad and powerful range of new systems--are emerging this decade. They do what we thought only people could do and what we didn't think technology could do. Smart machines and smart advisors exploit machine learning and algorithms--they learn from results and work faster than humans--they make smart people smarter. Virtual personal assistants--focused on user behavior (habits, activities, needs)--make smart people more effective," Austin writes.
"The smart machine market is small, but growing, threatening to upend knowledge workers careers by 2020. Ignore at your own peril," Austin concludes.
- read Austin's blog
- check out the University of Oxford research
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