Sunday, October 26, 2014

"Automation Proof" is the new "Recession Proof"

People used to be concerned about losing their job to an economic downturn, so additional value was given to recession proof jobs. These days, whether you read The Economist or Slate, predictions are being made regarding whose job will be the first to go to the robots. People will now start favoring automation proof jobs.

I'd like to encourage you that robots taking jobs is better than robots taking lives (e.g. Skynet). More importantly, innovation has always been a job killer, but it is difficult to argue it has not been a "net job creator" and benefactor of our quality of life.

Amazon Mechanical Turk has a wonderful way of explaining jobs for people with the term human intelligence task. An employer can post a HIT that they need resolved and we can find and execute that HIT, at a price. Ironically, a major HIT requested on AMT is the transcription of a podcast or webinar into text - a task robots are working hard to master. But fear not, there will be more, different HITs in the future and the key is that it requires human intelligence, critical thinking, sympathy, empathy, interpersonal relationship, emotional intelligence, etc., etc.

Much like how a business needs to strategize, promote and adapt unique value propositions to its customers, the labor market must do the same. And, like a business experiences change costs when it alters strategy, there may be change costs involved in our career shifts like new/more education, initial pay cuts, relocation, or learning a new language. And we should not rely on a trade union, government, or employer to protect us and our automated job. Think hard about what you want to contribute to the world and keep your ear to the railroad tracks of innovation, ensuring you are ready for what comes next.

Lastly, notice the jobs below, namely the ones with over 50% probability that they will be lost to robots in the next 20 years. If you serving the economy in one of those positions, you might consider finding something that is automation proof.

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