Automation is about to change the workforce as we know it. Whether it’s mechanized robots or artificially intelligent software, automation is predicted to eliminate around 6% of jobs in the US within the next five years.
Even highly-skilled employees in some sectors might see their jobs decimated during the next decade. According to Deloitte, 39% of jobs in the legal sector might be automated with the next 10 years.
That’s why you should keep a close eye on the automation trend and pick a career path that guarantees stable employment in the future.
Here are 5 jobs that might be replaced by robots in the near future.
- Financial analysts
According to recent research, accountants are expected to have a 95% chance of losing their jobs due to automation.
And the same might happen to financial analysts. Even though they’re believed to be indispensable to any organization, financial analysts can no longer compete with artificially intelligent financial analysis software. That type of software can recognize trends in historic data to predict future market tendencies with precision that is unattainable for human minds.
Financial analyst jobs are expected to take the worst hit because of automation in the entire banking sector.
- Stockists and inventory managers
As robots become more advanced and capable of carrying out activities that previously required human minds and hands, supermarket employees might soon no longer find jobs. One such robot is called Tally and it has been designed specifically for auditing shelves for misplaced items, out of stock items, and pricing errors.
Robots like Tally will cost retailers plenty upfront, but chain supermarkets will save hundreds of thousands of dollars in the long run because robots are quicker, more efficient, don’t need holidays or 401(k) payments, never get sick, and can easily be retrained with a software update.
Traditional taxi drivers have recently been hit by the rise of apps such as Uber or Lyft, but drivers of all kinds will sooner or later see their job market shrink as autonomous vehicles hit the road. It’s not only the ride sharing companies that can’t wait to explore the new innovation.
It is estimated that within the next decade, plenty of cities around the world will have fleets of self driving taxis operating on their streets. Uber is already testing such vehicles.
- Writers, reporters and journalists
While creative writing is difficult, report writing is more mechanical, and machines can be definitely taught to do that. Software can be trained to read data from databases, pattern it or analyze any kind of research material and create a readable report.
Since text recognition and text-to-speech systems are evolving at an increasing pace, expect that many reporters or journalists might be put out of work in the near future. Sports or financial writers are bound to follow suit.
It might come as a surprise, but medical care is also expected to transform under the pressure of automation. And that might be a very positive outcome of the technology.
The current population is 7.3 billion and it is expected to reach a smashing 8.5 billion by 2030. You can only imagine that the requirement for healthcare will only rise and robots will be employed to diagnose patients and perform surgeries.
Plenty of hospitals are only using software to advise patients about the best treatments for cancer, as well as diagnosing early-stage skin cancers. Precise robotic surgeons are also being used for operations ranging from vision correction to knee replacement. And the trend is exploding so we’re bound to see more of such applications in the near future.
Keep a close eye on the automation trend in workforce to learn which career paths don’t present much of the future thanks to the current technological revolution.