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|The Rise Of Machines And The Increase In Job Loss by magazineguy(m): 7:05am On Jul 31, 2017
The situation in the labour market is quite ironic. It is ironic because while most people look to business owners for jobs, these employers are increasingly looking in the direction of machines to get work done.
For quite some time now, it has been said that the concept of industrial labour is evolving, and that the rise of machines and advancement in technology is posing a big challenge to the long term demand for human labour.
There have been signs of the possibility of some professions becoming obsolete at some point, but not everyone can see these signs. A good pointer to support that claim is the fact in the 20s, knocking on people’s door used to be a profession but today, even kids, at a particular age, can do their knocking by themselves.
In case you’re not convinced, consider the fact that people no longer look for post-men to help dispatch their documents; somewhere along the line, the electronic mailing system became a preferred option. So what happened to the many post-men of those days? I guess you can conclude that less of their service was required as the electronic mailing system grew in acceptance.
It is this same threat that hangs over a lot of other professionals today. For instance in the banking industry, where the use of ATM, POS machines and other e-banking services have become faster and more convenient options to having to operate with cashiers, It was on this basis that Ecobank Nigeria recently announced it would be closing down 74 branches, to focus on its electronic banking services, a move that resulted in job cuts for some professionals. The managing director of the bank, Charles Kie, had explained that the bank hoped to shift its activities to digital channels and improve customers’ experience at reduced cost.
Similarly, in the area of Engineering, the automation of jobs is fast gaining grounds. A visit to Dangote Sinotruk West Africa Ltd, located in Lagos, where full range of commercial vehicles covering heavy duty trucks, medium trucks, light trucks are produced, revealed that new technologies are fast replacing human input into vehicle manufacturing.
With fewer workers in the plant, the factory is expected to assemble and produce 10,000 trucks annually. Checks show that their production line including turning over machine, filling machine, inspection line, debugging workshops to finished products are all dominated and driven by high tech with very few humans.
It is easy to conclude that this change in direction of things, affects only middle class professionals, but if you consider the increasing success level of commercializing self-driving cars, one would agree that even skills like driving could become less sellable at some point in the future.
Even as a receptionist, there is an existing threat of your job being automated. In December 2015, Nanyang Technological University in Singapore unveiled a human-like robot, which will work as a receptionist on campus. Not only does the robot have a soft skin and flowing brunette hair, Nadine as she was named, meets and greets visitors. She smiles, makes eye contact and shake hands. She can even recognize past guests and spark up conversation based on previous chats.
A lot of other industries are joining in this wave of automation of jobs. Employers have stated speed and the fact that they don’t have to pay wages as some of the reasons they favour the use of machines in their business operation. Andy Puzdater, the CEO of US-based fast-food chains Carl’s Jr. and Hardee’s further stated the reasons for his preference of robots over human workers. In an interview with Business Insider, he said that unlike human workers, robots are “always polite, they always upsell, they never take a vacation, they never show up late, there’s never a slip-and-fall, or an age, sex or race discrimination case.”
With this development in mind, Price Waterhouse Coopers (PWC) conducted a research and predicted that by the early 2030s; about 30% of existing UK jobs would have been automated. For the US, German and Japan; the figures are 38%, 35% and 21% respectively. In developing nations like Nigeria, the World Bank president, Jim Yong Kim, warned that they face the risk of losing two-thirds of all existing jobs to automation.
Considering the threat posed by the rise of machines to human labour; it is important to start to look beyond the common topic of how professional your course is or how much salary you earn or the title you hold at work, and start to think about the future of global business with machines handling most of the jobs. As individuals, we need to start to plan on how to stay in business when job automation would have reached a full scale, because it is imminent. It means that machines are the new competitors for your job. They are usually faster, less prone to errors and your boss would like the fact that he does not have to pay them wages. The question now is: what is your edge over machines in this fierce competition to keep your job? The answer lies in your level of creativity.
lalasticala, mynd44, dominique
|Re: The Rise Of Machines And The Increase In Job Loss by talk2hb1(m): 7:12am On Jul 31, 2017
Technology is taking mostly manual work away,and replacing it with another.
Just another game changer!
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1 Like 1 Share
|Re: The Rise Of Machines And The Increase In Job Loss by taylor88(m): 7:13am On Jul 31, 2017
ever since my GF lost me to vaseline
She's now allergic to body cream
|Re: The Rise Of Machines And The Increase In Job Loss by jazinogold(m): 7:23am On Jul 31, 2017
same way presidency was lost to a machine in London hospital
Technology is not complete until I can kiss my babe through the phone
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:24am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:24am On Jul 31, 2017
But what can we do
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:27am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by AyoSammyTunDe(m): 7:28am On Jul 31, 2017
WE CANT DO ANYTHING ABOUT IT. WHERE IS OUR PRESIDENT BTW
|Re: The Rise Of Machines And The Increase In Job Loss by iluvpomo(m): 7:29am On Jul 31, 2017
Self driven vehicles (cars, trucks, buses etc) will eliminate the jobs of drivers ... a serious economic implication.
In the distant future, jobless westerners will be apply for visas to come to Africa for "manual jobs" ...
|Re: The Rise Of Machines And The Increase In Job Loss by dicksonadams(m): 7:30am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:30am On Jul 31, 2017
Just find a way to make the machines work for you and earn from it.
|Re: The Rise Of Machines And The Increase In Job Loss by pesuwe(m): 7:31am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by Xsem(m): 7:31am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:32am On Jul 31, 2017
Rather than allow a machine kick you out of employment. Create machines that will create employment and solve problems
|Re: The Rise Of Machines And The Increase In Job Loss by dakeskese(m): 7:34am On Jul 31, 2017
May God open doors for all unemployed but employable youths.
It's really tough for them but doors shall be opened!
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:35am On Jul 31, 2017
I wonder what the future will look like... Hmmmm
For all your business ideas.
You'll be glued.
|Re: The Rise Of Machines And The Increase In Job Loss by debayun(m): 7:36am On Jul 31, 2017
The technology actually exists Google it
|Re: The Rise Of Machines And The Increase In Job Loss by higgs: 7:36am On Jul 31, 2017
Technology creates new jobs which are often more interesting with better pay.
|Re: The Rise Of Machines And The Increase In Job Loss by immortalcrown(m): 7:37am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by Nobody: 7:39am On Jul 31, 2017
Machines cannot service or maintain itself. Humans wud still do dat
|Re: The Rise Of Machines And The Increase In Job Loss by wunmi590(m): 7:39am On Jul 31, 2017
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|Re: The Rise Of Machines And The Increase In Job Loss by Ichietome: 7:45am On Jul 31, 2017
|Re: The Rise Of Machines And The Increase In Job Loss by Dalecoin: 7:48am On Jul 31, 2017
Thats technology for you...
|Re: The Rise Of Machines And The Increase In Job Loss by bidexmat(m): 7:56am On Jul 31, 2017
Stay woke dude! The world is running on a fast lane.
|Re: The Rise Of Machines And The Increase In Job Loss by Dawdy(m): 7:58am On Jul 31, 2017
Even in medical line, the Jobs will also be lost. There are machines now that can diagnose your sicknesses and prescribe drugs for your sickness. Aren't doctors losing too?
|Re: The Rise Of Machines And The Increase In Job Loss by redsun(m): 7:58am On Jul 31, 2017
It is not something Nigeria should be worrying. The is country is still a thousand years or so behind the the real world of machines . You don't even have electricity yet,then how can machineshe work?
|Re: The Rise Of Machines And The Increase In Job Loss by Dawdy(m): 8:07am On Jul 31, 2017
redsun:The problem of electricity will become the thing of the past when the solar power fully take over. People will generate electricity conveniently themselves. In communication, we no longer worry about Nitel. Watch out, so Will it be in electricity.
|Re: The Rise Of Machines And The Increase In Job Loss by ANBAKO: 8:09am On Jul 31, 2017
Take it or leave....that is the trajectory of the new world order. In the nearest future, it will be easier to take a self driven taxi thank owning a car. Our children will not need driver's license...no or minimal LASTMA, VIO, FRSC. Etc
|Re: The Rise Of Machines And The Increase In Job Loss by infogenius(m): 8:20am On Jul 31, 2017
The one man factory is already in play.
|Re: The Rise Of Machines And The Increase In Job Loss by wink2015(m): 8:24am On Jul 31, 2017
In Nigeria, because of the greediness, selfness and personal aggrandizement of our leaders, there is even NO JOB OR JOBS FOR MACHINE TO DO?
Nigeria is a failed state! after over 50 years of Independence.
Some smaller countries like Botswana, Mauritious, Seychelles, Morocco, Cape Verde Island, etc are far better than Nigeria as their citizen enjoy better standard of living.
So this machine generated unemployment is mostly applicable to the industrialized countries of europe, north america and asia countries but not sub sahara african countries like Nigeria.
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