Robots Will Create New Jobs

We’ve seen it time and time again: headlines touting, “Robots Will Kill X Industry,” leaving millions of Americans jobless.

It’s partially true. Lots of industries could be drastically altered by a robot within the next decade.

And it’s a terrifying idea.

But at the same time, there’s a lot of hope out there. And while the pessimist in me sees a dystopian world run by robot automation, the realist in me understands that we as humans have adapted to plenty of technology innovations of the past.

There are arguments to both sides of the issue.

Both have valid points.

Today we’re going to look into the world of AI. And from a 2020 perspective, we’ll see where we might stand 10 or 20 years down the road.

Gone the Way of the Milkman

Let’s face it. There will be certain jobs in the future that will become fully automated.

They’ll go the way of the dodo. Much like the milkman did.

For over 150 years, milk delivery in the United States had to be done by hand because milk couldn’t be stored for more than a day in an American household.

Advances in refrigeration and the advent of supermarkets, however, entirely killed this industry of delivery.

What did that mean for the milkmen of America? Well, their delivery skills could directly translate to any other delivery job out there — be it mail or package delivery.

It’s easy to think that your particular industry will suffer the same fate as the milkman.

Jobs particularly in danger of being replaced by AI include those in manufacturing, risk assessment and accounting.

There are some things that robots are just better at than a person is. Robots don’t tire in assembly lines, don’t need to stop after eight hours of work and perform certain tasks much more efficiently than a person can.

That isn’t to say they don’t need maintenance, however. And if something goes wrong down the line, they’ll need someone to go in and see what the exact issue is.

And as we’ll soon see, there’s a silver lining to nearly every evolving industry.

Jobs of the Future Are Not Jobs of Today

Just as with the robot taking manufacturing jobs away, it creates the need for someone to know how the machine works, how to run it and how to fix it if need be.

When robots and AI take something away, they often replace it with a different job altogether.

Another example of this is with tax preparation.

While many have turned to online services like TurboTax or TaxSlayer, traditional brick-and-mortar companies have gotten wise to this trend and now offer their own services online, like H&R Block.

Many Americans still want to get the most deductions possible or can’t be bothered to sit down for hours on end making sure everything is filled out correctly and they didn’t miss anything.

Furthermore, technology pushes new jobs to be developed every year.

Let’s take 5G for example.

5G deployment is going to need people to install it, maintenance to keep it up and customer service to address complaints.

Not only that but the companies will continue to need marketers, sales and everything else to continue to run things on the back end.

In the future, we’ll have more and more technology that will replace our current live. And with that, industries will change and people will be needed to fill the gaps when necessary.

We May Have More Time Than We Think

While robots are very good at doing certain tasks, they are horrible at others.

Certain industries are completely shielded from automation to start.

Customers want to speak to a person when they buy an item or want to lodge a complaint.

Robots can’t replace creative works like novel writing, art or music. Or for that matter any performance-related industry.

And this can even be applied to designing new technologies.

Innovation is a solely human feat in today’s world.

Apple for instance disbanded its attempts to automate MacBook assembly in 2018 after half a decade of trying to get it to work.

Robots weren’t helping meet the fine criteria of dexterity and flexibility. And quality control had to step in after the robot completed the task in order to fix mistakes.

It cost Apple more in the end to have a human fix the robot’s problem, which caused its downfall.

There’s still a lot of room for robotics to improve. And in the meantime, we’ll continue to evolve and grow as a society.

I Want to Hear From You

As I stated before, there are arguments on both sides of the coin here.

There’s fear and wild predictions that 50% of jobs will be replaced by automation by 2030.

And then there’s the understanding that many of these jobs will just be replaced by other jobs created by new technologies.

I’d like to hear your thoughts on the issue. What’s automation done to your industry? Are you hopeful for the future? Fearful?

Let me know by shooting me an email at AskRay@SevenFigurePublishing.com.

To a bright future,

ray

Ray Blanco

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Ray Blanco

Ray Blanco is the editor of Technology Profits Confidential as well as Breakthrough Technology Alert, Ray Blanco’s FDA Trader, Penny Pot Profits, and Technology Profits Daily. Ray has been with Seven Figure Publishing since 2010. In 2019, his closed positions in Technology Profits Confidential outperformed the S&P500 by 50%.

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