Artificial intelligence will replace 16% of American jobs by the end of the decade.
Adam Rifkin stashed this in Robot Jobs
Artificial intelligence is a growing trend in the business world. The IBM Watson Partner Ecosystem, for instance, allows companies to tap into the power of Watson for fields as varied as healthcare and education. In addition, the Amazon Echo Developer Network allows you to add voice functionality to connected devices and enhance Alexa’s skills.
But what impact is this shift having on business? To answer that, we turn to 10 statistics that show where the industry is heading.
- There was more than $300 million in venture capital invested in AI startups in 2014, a 300% increase over the year before. (Bloomberg)
- By 2020, 85% of customer interactions will be managed without a human. (Gartner)
- 32% of executives say voice recognition is the most-widely used AI technology in their business. (Narrative Science)
- By 2018, six billion connected devices will proactively ask for support. (Gartner)
- 44% of executives believe artificial intelligence’s most important benefit is “automated communications that provide data that can be used to make decisions.” (Narrative Science)
- By the end of 2018, “customer digital assistants” will recognize customers by face and voice across channels and partners. (Gartner)
- 80% of executives believe artificial intelligence improves worker performance and creates jobs. (Narrative Science)
- By 2020, smart agents will manage 40% of mobile interactions. (Gartner)
- Artificial intelligence will replace 16% of American jobs by the end of the decade. (Forrester)
- 15% of Apple phone owners users use Siri’s voice recognition capabilities. (BGR)
Top Reddit comment:
I can see a future outcome where AI (possibly like that of the Watson medical initiative) assists doctors to a point where becoming a doctor, surgeon, etc requires less time and expense, thus opening up more of the much-needed supply of those professionals.
More and more of what are now physician specialties will have only the need for the training equivalent of ultrasound and MRI techs. Eventually it'll be like the Star Wars universe where the best "doctors" are droids. I expect that initial resistance from physicians will be huge, because of the downward pressure on pay. A lot of the current time and expense of medical training is purely to strangle supply. It's simple economics of scarcity. A counterpoint example is Cuba. Yes they have plenty of problems with a lack of equipment and medicines, and poor infrastructure. But they do not lack a supply of well trained physicians.
Thanks for writing this James.
Increasing the supply of well trained physicians seems like a win for society.