Ce diaporama a bien été signalé.
Le téléchargement de votre SlideShare est en cours. ×

AI and The Future of the Workplace

Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Publicité
Chargement dans…3
×

Consultez-les par la suite

1 sur 25 Publicité

AI and The Future of the Workplace

Télécharger pour lire hors ligne

AI and Robotics are already here. Are we ready to embrace the reality of its impact on the future of jobs and the Workplace? What are the jobs that are likely to become redundant?

AI and Robotics are already here. Are we ready to embrace the reality of its impact on the future of jobs and the Workplace? What are the jobs that are likely to become redundant?

Publicité
Publicité

Plus De Contenu Connexe

Diaporamas pour vous (20)

Les utilisateurs ont également aimé (20)

Publicité

Similaire à AI and The Future of the Workplace (20)

Plus récents (20)

Publicité

AI and The Future of the Workplace

  1. 1. An exciting eco-system The Future of JOBS The interface of Digital & Human Intelligence BY Abraham Samuel
  2. 2. Or is it just Science Fiction
  3. 3. Since it is almost half covered it therefore depicts Day 29. Most of us wouldn’t notice the bio-disaster in the first 29 days but would wake up on Day 30 to a fully covered pond. Such is exponential growth ! Shelley Palmer, CEO, The Palmer Group LinkedIn’s Top Ten Voices in Technology The change is EXPONENTIAL “…… tomorrow will not be the same as today although it looks the same. We wake up, the sun comes up, we have breakfast, we go to work, we go to sleep – but all around us technology is accelerating at an exponential pace” Shelley Palmer, CEO, The Palmer Group LinkedIn’s Top Ten Voices in Technology Can you think exponentially versus linear. If in this pond, lily pads double every day and it will take 30 days to cover the whole pond what day is depicted in this picture assuming it is half covered? “ “ ARE WE READY
  4. 4. The Future of WORKInterface of Artificial & Human Intelligence
  5. 5. The Future of WORKInterface of Artificial & Human Intelligence The ROMANTIC BOTS
  6. 6. AI is still however limited to “instruction driven digital intelligence” and not the entire landscape of “intuitive, creative all- encompassing human intelligence” • The human brain has approximately 90 billion nerve cells linked together by trillions of connections called synapses. Put together this network provides hundreds of trillions of different pathways through which brain signals travel through. In order to mimic this digitally, scientists a few years ago needed more than 82,000 processors running on one of the world’s fastest supercomputers to mimic just The capacity of the human brain is about ONE Petabyte equal to….. = 1 million Gigabytes or 1,024 Terabytes = 341 million 3-minute MP3s = 62,500 fully loaded 16gb iPads which when stacked on top of each other is = 2,604 feet tall – almost equivalent to the Burj Khalifa one second of a normal human brain activity.
  7. 7. “Digital Transformation” Some examples A.I. IN A COLLABORATIVE WORKPLACE: • Manufacturing industry production lines • FEDEX uses drones for deliveries as well as reach medical aid to places that are difficult to access • Amazon uses drones in warehouse and for deliveries • Healthcare: IBM Watson to treat rare diseases and provide doctors with better treatment options • Restaurants & fastfood: first fully automated one opened in San Francisco • Hotels: First fully robotic manned hotel, Hennna Hotel in Okinawa, Japan • Intelligent Automobiles, GPS • Driverless cars • Auto-pilot in aircrafts interfacing with human pilots Investment in A.I. US$282m in 2011 US$3.9bn in 2016 US$8.0bn in 2017 US$47bn by 2020 in 200+ AI focused companies
  8. 8. Some will NOT accept change …… until too late by which time they become irrelevant Those who resist change will soon find themselves living in a world that does not exist Stephen Covey “ “ “Whether you think you can or whether you think you can't, you're right"– because you are the one that decides that. Henry Ford
  9. 9. sometime after the US Elections in November 2016……. Dr Travis Bradberry Some WILL embrace change, as did..
  10. 10. Mark Cuban, Billionaire investor on a Bloomberg TV interview…… “…..the next wave of innovation will be the automation of automation eliminating those lucrative software development jobs, because its maths after all” Reuters Science News, June 21, 2016 “A draft European parliament motion suggests that the growing intelligence, pervasiveness and autonomy of the growing army of European robot workers requires rethinking of everything from taxation to legal liability and classifying them as “electronic persons” making their owners liable to pay social security for robot workers.” “Digital Disruption and Displacement” Is it for real? What do some say Art Bilger, Venture Capitalist & Board Member of the Wharton Business School cited an Oxford study: “All developed nations will see a loss of 47% in the next 25 years in blue and white collar jobs beginning with the manufacturing industry” Jobs at risk: Accountants, doctors, lawyers, teachers, bureaucrats, financial analysts, production line workers, drivers, most routine support jobs, middle management jobs that merely interpret data, restaurant waiters……. The Economist reports: NO GOVERNMENT IS PREPARED Dr Michio Kaku on FOX Business: “The robot revolution is HERE…… by 2021, 6% of US workers will see their jobs replaced by robot automation” Investment in A.I. US$282m in 2011 US$3.9bn in 2016 US$8.0bn in 2017 US$47bn by 2020 in 200+ AI focused companies
  11. 11. The Future of WORKDavos World Economic Forum 2017 “Autopilot didn’t put pilots out of a job; instead it foreshadowed an increasing collaboration between human and machine on complex tasks.” Laurent Haug, author Elon Musk at the World Government Summit in Dubai: “Human beings will eventually need to combine their capabilities with that of machines….they will have to create a “high band-width interface” between computers and the brain……in other words humans will become CYBORGS” Mark Cuban, Billionaire investor on Bloomberg TV…… “What looks like a great job graduating from college today may not be great in 5 or 10 years from now” Three key paradigms of business today: • Speed • Communication • Competition Meg Whitman, Chairman & CEO, HP Enterprises Davos World Economic Forum Second most sold out event ticket: THE FUTURE OF JOBS
  12. 12. The Future of WORKDavos World Economic Forum 2017 1. How to rewire themselves to leverage Digital Technology including Robotics and Artificial Intelligence 2. How to leverage massive data out there not just in an algorithmic way but to provide advanced analytics in a human sense 3. How to leverage digital transformation for innovation in business touching customers, products, new business. Rich Lesser, CEO, Boston Consulting Group Top 3 consistent topics discussed by more than 200 CEOs in 2016: 1. 34%: Talent Management and Leadership development 2. 25%: Engagement Management (behavior & culture) 3. 42%: Training and People Development Top 3 HR Priorities 2017 Snap Global Survey (LinkedIn)…of 63% Less than 10% considered Communication & Social Media as a priority NO ONE considered the use of Artificial Intelligence or Digital Transformation in the workplace Are we living in a Lily-pond DISCONNECT? Vishal Sikka, CEO, “…there is absolutely no doubt that 60-70% of our jobs are going to be wiped out by AI over the next 10 years, or maybe in less than 10 years the jobs that we do today are going to be replaced by AI unless we continue to evolve ourselves…. the biggest challenge is ensuring that we transition ourselves to a new generation without losing our values and our ethos" Second most sold out event ticket: THE FUTURE OF JOBS
  13. 13. The Future of WORKInterface of Artificial & Human Intelligence The World Economic Forum 2016: The Fourth Industrial Revolution is underway and that it may eliminate millions of jobs over the next 5 to 10 years. A Bank of America-Merrill Lynch report predicted that 47% of jobs in the US will be taken over by technology. Amelia, an artificial call centre agent, can speak 20 languages, learn from her human co-workers and has taken over 30% of the calls at a trial call centre. McKinsey estimates that by 2025, similar automated software will replace 250 million knowledge workers across the world. That's equivalent to 50% of India's current working population. 1. Tele sales/call centre employees Rapidly developing and deploying working software is critical in technology firms. To enable this, developers are now required to use QA automation tools without wasting time in the QA process. This has made many QA engineers redundant and some firms predict that by as early as 2017 they will not hire or retain a single QA employee. 2. QA software tester Increased mechanisation and farm productivity has led to less than 2% of the US population being directly employed in agriculture. In India, it is currently 50% of the population. With land, machinery, chemicals and seeds becoming expensive and technology providing cost-effective labour solutions, the days of the individual farmer are numbered. Wealthy land owners and corporations will take over this sector while reducing employment dramatically. 3. Farmers In Japan there are over 1,500 robots for every 10,000 workers in the automobile manufacturing industry. They are faster, better and becoming increasingly cost effective. The trend is accelerating across global manufacturing and production, taking away the livelihood of factory workers. 4. Factory workers 13 Types of JOBS that will go…..
  14. 14. The Future of WORKInterface of Artificial & Human Intelligence Associated Press already publishes over 3,000 financial reports every quarter using Wordsmith—the natural language reporting platform. 8.5% of Wikipedia's total content has been written by bots. With advertising revenues dropping sharply for news agencies and print media, they can scarcely afford to keep hordes of reporters to track breaking news. Efficient software is up to the task. This means fewer human news reporters and they will be writing more opinion pieces than news. 5. News reporters With online college classes and degrees, the Internet is eliminating the need to go to college to pursue higher education. Similarly, supplementary education like tuition and coaching is being replaced by apps and online classes. Apart from primary education and schools, this reduces both the salary and the number of teachers required. More of Webinars, less of physical conferences… 6. Teachers The IBM cognitive computing prototype, Watson, is set to revolutionise medical diagnosis with a projected ability to give accurate, consistent, free diagnosis of medical conditions. Add to that -smart phones coupled with remote electronic health monitoring devices and computerised medical history, and fewer health care professionals will be required as most patients will avail treatment remotely. 7. Health workers 13 Types of JOBS that will go….. Bernard J Tyson, CEO, Kaiser Permanente, USA… “No physician today should be practicing without artificial intelligence. Its just impossible to pick up on patterns and trends to monitor care” Kaiser Permanente is one of the largest integrated managed care consortium in the United States, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney Garfield E-Medical …within a few months some 200,000 signed up for the UAE government backed mHealth program in 2014 and leads the way for tele-medicine in the ME. Popularity of the video and voice health services is significantly higher (around 30%) than the global average and 67% expressed their satisfaction with this form of medical care which results in lower costs, reduced work downtime and hospital wait- time, reduction in insurance claims–premiums, provides better risk management for diabetes and heart diseases” Stephen Maclaren, AlFuttaim Willis Co.LLC
  15. 15. The Future of WORKInterface of Artificial & Human Intelligence Associated Press already publishes over 3,000 financial reports every quarter using Wordsmith—the natural language reporting platform. 8.5% of Wikipedia's total content has been written by bots. With advertising revenues dropping sharply for news agencies and print media, they can scarcely afford to keep hordes of reporters to track breaking news. Efficient software is up to the task. This means fewer human news reporters and they will be writing more opinion pieces than news. 5. News reporters With online college classes and degrees, the Internet is eliminating the need to go to college to pursue higher education. Similarly, supplementary education like tuition and coaching is being replaced by apps and online classes. Apart from primary education and schools, this reduces both the salary and the number of teachers required. More of Webinars, less of physical conferences… 6. Teachers The IBM cognitive computing prototype, Watson, is set to revolutionise medical diagnosis with a projected ability to give accurate, consistent, free diagnosis of medical conditions. Add to that -smart phones coupled with remote electronic health monitoring devices and computerised medical history, and fewer health care professionals will be required as most patients will avail treatment remotely. 7. Health workers 13 Types of JOBS that will go….. The largest chunk of legal work is the discovery phase where para-legals and junior lawyers have to go through physical records to gather and synthesise information and draft legal documents before a trial. Software like Legal-Zoom, can perform the task faster, thus dramatically reducing the number of these jobs. 8. Lawyers & Paralegals
  16. 16. 13 Types of JOBS that will go…..The Future of WORKInterface of Artificial & Human Intelligence Accounting software for businesses is becoming easier to use. Small businesses are migrating to do-it-yourself solutions like Freshbooks, requiring fewer hours of work by human accountants. While they are automating and reducing wage bills, demand for professional accountants will decline significantly in the next 10 years. 9. Accountants Driverless cars have been successfully demonstrated on public roads in the US over the past few years. Regulations are being crafted that will permit you to call for a driverless taxi through an app or transport goods by driverless trucks. Drones are used for deliveries. Fewer accidents, faster travel and no jobs for drivers…. What happens to Uber, Carlyft, Careem? 10. Drivers In supermarkets and large stores, thousands of cashiers are being replaced by automated self-checkout systems which bill you based on the items in your cart using RFID chips or automated scanners. You can swipe your card or scan your digital wallet on your way out. No queues and no jobs for human cashiers. 11. Cashiers The Hennna hotel in Nagasaki is the world's first hotel to have only robot staff. Restaurants across the world are experimenting with touch screens at tables for ordering food, robotic waiters / self- service to pick it up and automated systems to perfectly cook fast food. The hospitality segment, which employs up to 5% of the workforce is set to lose millions of jobs. 12. Hospitality Workers 13. Tailors, Shoemakers…. Automation of mass produced pattern driven products such as readymade garments, shoes, can result in the loss of 1000s of jobs in Third World countries exporting to West. 3D Printing. Dubai to buy 200 Tesla vehicles as part of its ambitious self-driving taxi plan Dubai signed an agreement with Tesla Inc on Tuesday to buy 200 Tesla hybrid electric vehicles to become a leader in the self-driving car space.The deal was signed by Director General and Chairman of the Board of Executive Directors of Road and Transport Authority (RTA) Mattar al Tayer and Tesla CEO Elon Musk on the sidelines of the World Government Summit 2017. Feb 15, 2017
  17. 17. How relevant will the “human” resource be in a changing job landscape ? 2. If you are in a routine process driven job which artificial intelligence can do faster, leaner and cheaper You will soon be non-relevant Example: Accountants, Drivers, Waiters, Lawyers, Consulting Doctors 1. Can someone overseas do your job cheaper ? You will soon be non-relevant Example: Manufacturing, service jobs 3. Are you providing “creative” and “collaborative” value? You will be relevant but will need to constantly FOCUS and INVEST in “skills” of the future THREE BASIC QUESTIONS
  18. 18. Challenges in the AI impacted Workplace 1. Excess supply over demand with AI taking over certain jobs 2. Impact on salary levels due to excess supply in replaceable jobs 3. New paradigms of compensation & benefits, employee engagement, performance management (how do you measure performance between humans & AI) 4. Inclination for businesses to increasingly adopt AI due to benefits of higher productivity, consistent quality, being lean, lower human maintenance, ability to expand AI skillsets (example: languages) 5. Re-skilling & adaptive mindset of humans 6. Business opportunities in outsourcing, shared services, AI rental - converting from Capex to Opex 7. Possible need for Universal basic wage to aid displaced workers “In an environment where new skills emerge as fast as others become extinct, employability is less about what you already know and more about your capacity to learn and adapt.” Jonas Prising, Chairman and CEO, Manpower Group Phillip Perry, December 27, 2016 The problem is not that there aren’t enough jobs, but that there aren’t enough “relevantly skilled” workers….
  19. 19. Challenges in the AI impacted Workplace 1. Excess supply over demand with AI taking over certain jobs 2. Impact on salary levels due to excess supply in replaceable jobs 3. New paradigms of compensation & benefits, employee engagement, performance management (how do you measure performance between humans & AI) 4. Inclination for businesses to increasingly adopt AI due to benefits of higher productivity, consistent quality, being lean, lower human maintenance, ability to expand AI skillsets (example: languages) 5. Re-skilling & adaptive mindset of humans 6. Business opportunities in outsourcing, shared services, AI rental - converting from Capex to Opex 7. Possible need for Universal basic wage to aid displaced workers “In an environment where new skills emerge as fast as others become extinct, employability is less about what you already know and more about your capacity to learn and adapt.” Jonas Prising, Chairman and CEO, Manpower Group Phillip Perry, December 27, 2016 The problem is not that there aren’t enough jobs, but that there aren’t enough “relevantly skilled” workers….
  20. 20. Challenges in the AI impacted Workplace 1. Excess supply over demand with AI taking over certain jobs 2. Impact on salary levels due to excess supply in replaceable jobs 3. New paradigms of compensation & benefits, employee engagement, performance management (how do you measure performance between humans & AI) 4. Inclination for businesses to increasingly adopt AI due to benefits of higher productivity, consistent quality, being lean, lower human maintenance, ability to expand AI skillsets (example: languages) 5. Re-skilling & adaptive mindset of humans 6. Business opportunities in outsourcing, shared services, AI rental - converting from Capex to Opex 7. Possible need for Universal basic wage to aid displaced workers “In an environment where new skills emerge as fast as others become extinct, employability is less about what you already know and more about your capacity to learn and adapt.” Jonas Prising, Chairman and CEO, Manpower Group Phillip Perry, December 27, 2016 The problem is not that there aren’t enough jobs, but that there aren’t enough “relevantly skilled” workers…. Essential skills for HR in the new workplace: 1. Strategic thinking – the BIG picture 2. IT Specialist skills (AI) 3. Finance savvy to be Business Partners 4. Voracious reading, constant re-skilling
  21. 21. Why should HR Engage in DIGITAL TRANSFORMATION 1. To provide a compelling Employee Experience combining Consumer (Employee) focus with technological skills. Why? A motivated / engaged employee drives positive results The Future of WORKInterface of Artificial & Human Intelligence Employee Engagement (David Macleod and Nita Clarke) Organizations in the TOP quartile for employee engagement: Productivity: Customer Ratings: Absenteeism: Profitability: 18% 12% 37% 16% BOTTOM quartile for employee engagement: Staff Turnover Accidents Inventory Shrinkage 16% 62% 51% UAE tops global poll for highest proportion of disinterested staff Survey by Emolument.com from 55 countries (CIPD People Magazine, 22 Feb 2017) • Joint top place with Italy. 83% bored at their jobs • Highest boredom: Legal (81%), Project Mgt (78%), Support functions (71%) • CEOs as prone to this as junior staff What do employees want? a meaningful day’s work knowing that they contributed.
  22. 22. Why should HR Engage in DIGITAL TRANSFORMATION IN HR 1. To provide a compelling Employee Experience combining Consumer (Employee) focus with technological skills. Why? A motivated employee drives positive results 2. To provide immediacy of information access: Available 24/7 in less than 10 minutes especially to those in remote areas who cannot easily access HR in person. 3. To delegate 80% of routine non- essential jobs to AI freeing time to focus on the strategic 4. To provide Cost efficiency in the workplace: lean, efficient and effective The Future of WORKInterface of Artificial & Human Intelligence
  23. 23. The Future of WORKInterface of Artificial & Human Intelligence “THE INTELLIGENT HR ASSISTANT” A CHAT(RO)BOT is an AI interface with a set of computer algorithms designed to simulate and interact in a human “conversation”. Introducing the INTELLIGENT ASSISTANT in the HR workspace… THREE MAJOR CHATBOT INTERFACES FOR HR 1. HR Service Center to answer frequently asked Employee questions ….vacation days, medical benefits, inform them of new programs, public holidays, analytics of potential problems based on frequently asked questions such as delays in travel expense processing, Example: Jane created by Loka HDFC Bank one of the largest private banks in India recently rolled-out an AI powered customer call center capable of answering 1 million+ permutation & combination of queries 24/7 Virtual Reality & Bots This mix of storytelling, product discovery and customer service is seen as the likely future for chatbots; making consumer engagement possible at a much wider scale than could have been achieved before. It’s about answering as much as possible for shoppers through AI, before escalating to a human only when needed. Example: Google’s Winter Wonderland virtual shopping through 18 retailers in New York How about a VR tour of the company for new hires
  24. 24. The Future of WORKInterface of Artificial & Human Intelligence “THE INTELLIGENT HR ASSISTANT” A CHAT(RO)BOT is an AI interface with a set of computer algorithms designed to simulate and interact in a human “conversation”. Introducing the INTELLIGENT ASSISTANT in the HR workspace… THREE MAJOR CHATBOT INTERFACES FOR HR 2. Talent Acquisition & new employee onboarding ….Tap multiple sources to develop and source candidate profiles, schedule interviews, flight and hotel arrangements, answer candidate and new hire queries, reminders to Talent teams and candidates Example Talla compile a set of interview questions based on the job, conduct tests & score, prepare job descriptions. Aim: to be a real time adviser to HR Professionals. HR will need to acquire more knowledge about and how to experiment with them to use technology to streamline and improve the Employee Experience through active Engagement
  25. 25. The Future of WORKInterface of Artificial & Human Intelligence “THE INTELLIGENT HR ASSISTANT” A CHAT(RO)BOT is an AI interface with a set of computer algorithms designed to simulate and interact in a human “conversation”. Introducing the INTELLIGENT ASSISTANT in the HR workspace… THREE MAJOR CHATBOT INTERFACES FOR HR 3. Teaching Assistants “Massive Open Online Courses” (MOOC) exploded from 16-18 million in 2014 to 35 million by end of 2015. In 2016 Prof Goel of Georgia Institute of Technology added a new Teaching Assistant, Jill Watson (powered by IBM Watson analytics) to provide faster answers & feedback to students queries. Jill was able to answer 40% questions freeing the human assistants to focus on more complex inquiries. Jill also reminds students of submissions, exams, due dates. Jill was developed to operate at the level of an expert. HR will need to acquire more knowledge about and how to experiment with them to use technology to streamline and improve the Employee Experience through active Engagement

×