Automation
In the age of AI and the internet the world of automation has evolved and will be in people’s pocket wherever they go. The term automation comes from the word automatic which means that things can work on their own without the assistance of human beings.
Technology has helped people across the world to perform tedious tasks with ease. Automation uses technology to perform repeated tasks more accurately. So that the automation will gain bigger roles in decisions and actions with heavy implications.
Automation is a boon for the aging world. Automation now has become a reality that most of the industries are switching to automated machines to do their tasks where laborers are also reduced.
Automation in different sectors
Automation has been everywhere today. Making a complex task into simpler form has been adapted by most of the sectors currently. Some of the major sectors are:
Transportation : Fully autonomous vehicles, or self-driving cars, have hit the roads. Self-driving cars will gain even more popularity as Uber plans to acquire 24,000 autonomous Volvo SUVs.by taking a combination of information obtained from the vehicles camera, radar cloud services and control signals that can operate the vehicles.
Manufacturing : Manufacturing has been found to be one of the first industries to use the technology of AI robots to collect products and pack them for shipment. These are used to assemble more complex items, including cars, electronics, and home appliances. Robots have drastically increased manufacturing yield in the last years.
Packaging and shipping : Packaging and shipping industries have included robots to make distribution more effective. Amazon is at the forefront of automation. Companies like amazon have incorporated robots to go around their warehouse floors as each customer has their own unique products which can be found packaged and shipped easily with the help of Artificial Intelligence.
Finance : Financial advice is being automated with a growing trend towards robo advisers to provide their suggestions for simple financial problems. Many financial services companies are attracted to AI to keep up with an increasing amount of financial data. Robots can use market data and predictive systems to forecast stock trends and manage finances, more efficiently than humans Automation is also replacing certain accounting jobs, in which it can be used to conduct ledger account reconciliation, record journal entries, perform, maintain accounting master data and intercompany transactions.
Healthcare : Companies like Medical and pharmaceutical are utilizing AI machines to complete a variety of medical procedures, such as perform surgery, deliver anesthesia, and diagnose diseases.
Agriculture : In the agriculture sector drones are gaining popularity, replacing the use of satellite imaging to get detailed maps of farmland which is a very time-consuming process. Drones with sensors can survey land, take images, and disclose the fertility of specific patches of soil, the number of water crops needed, among other valuable information.
Some farm vehicles like automated tractors are removing traditional labor and can work 24/7 without human input.
Chances of automation
1. Improves accuracy
The massive use of data from smartphones and personal devices has transformed market research from broad analysis to smaller markets. The progress of mobile tracking and analytics enables companies to deliver better and more personalized services through accurate market insights.
2. Drives efficiency
Repetitive and menial tasks in market research have taken a back seat as automation takes over. Market researchers today have more time and resources in analyzing and refining research tools and extracting insights.
3. Increases agility
With more accurate awareness and efficient market analysis, organizations are more able to respond to market shifts. Business leaders of branded companies can now think and act with the agility of startups, making organizations more sensitive to the shifting conditions of their market.
Business opportunities
Productivity will increase : Introduction of robots to a car production line has brought about a great rise in the business sector. Peoples become more productive, they create more demand, and therefore more jobs.
Workers will be safer and happier : There is a strong fear rising that people will be replaced by automation. People may be redistributed, but this will be one of the most important benefits automation brings. Wherever there is a dangerous and dull job with humans exposed to risk, there exists the perfect opportunity for automation.
The standards of workers’ lives could drastically be improved as well as allowing them to move into a more highly skilled role including operating the robot. This means employees with better morale, improved prospects and a higher skill level.
Customer service will reach new heights : To a large extent, they are only able to fulfil their promise of the faster delivery because so many of their processes are automated. Automation can be an invaluable tool for, facilitating faster deliveries, cutting down on errors and for speeding up processes such as reloading. All these processes contribute to a company’s ability to improve service and deliver exactly what their customers want.
Workplaces will be transformed : Robots can be built floor to roof, and can occupy much less hospitable environments than humans can. They require very less room space than humans.Connecting automation and data jointly allows us to codify a process which can be implemented anywhere in the world, in smaller, more flexible and collaborative workspaces.
Employment opportunities
There is a kind of agitation growing between the employees about whether their jobs will be replaced by the robots. Even if a company has been automated by installing robots, still a vital need of the employees are required. Proper maintenance of these robots are essential where employees are needed to code their softwares. Low skilled jobs will be less in number whereas high skilled jobs will increase. The future demands that the people should be flexible and should change according to the change in the world.
Another intermediary for job growth is consumption. Driven by an emerging middle class in previously undeveloped regions of the world, by 2030 consumer spending will have increased by $23 trillion during the previous decade and a half. McKinsey predicted more than 300million new jobs will emerge in occupations producing goods and services, as well as across the whole supporting infrastructure of the consumer industry
Health care opportunities
Health care companies are notorious for failing to treat patients like customers. Automation offers health care companies with many benefits. In the medical sector, McKinsey imparts the most in-depth insight into how this sector will evolve. Automation will not replace employees in this sector because the inherent skills required are difficult to automate, while lower wages means the industry remains a low priority for innovation. Employment will also have a rise as in occupations like doctors, nurses and health technicians whose specialist skills are in demand.
Conclusion
AI and automation may end up taking a lot of jobs but hopefully as in the past peoples have been continuing with the thought of all their getting disappeared with the new advancements. As ever the future is a mystery. As certain though that automation technology will continue to grow throughout the coming years.
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