Getting ready for the ‘Fourth Industrial Revolution’.

The disruptive technologies have always shaken the status quo of the job markets. The first power looms was built-in 1785, and by the 1850 there was 260,000 power looms in England, and traditional weavers were out of business and work in no time, despite brutal protests!

Fast forward to 2018, look at “Workopolis List” of  new jobs in demand and decline of ten old jobs:

Occupations with the largest projected job declines

1. Farmers, Ranchers, and Other Agricultural Managers
2. Postal Service Mail Sorter, Processors, and Processing Machine Operators
3. Sewing Machine Operators
4. Postal Service Mail Carriers
5. Switchboard Operators, Including Answering Service
6. Postal Service Clerks
7. Cooks (Fast Food)
8. Miscellaneous Agricultural Workers
9. Data Entry Operators
10. Word Processors and Typists

The 20 biggest technologies of fourth industrial revolution: Fourth industrial revolution is also known as the age of ‘cyber physical systems’ a step above the previous ‘information age’ industrial revolution. The main theme behind this revolution is ‘automation’, ‘cloud computing’ and ‘electronics’. Following reports pushed me to research on the new trends:

The Fourth Industrial Revolution is here!

During first Industrial Revolution intellectual and artistic hostility towards the new industrialization was obvious in the works of artist and poets like ; William Blake, William Wordsworth, Samuel Taylor Coleridge, John Keats, Lord Byron and Percy Bysshe Shelley.

[aesop_quote type=”pull” background=”#ffffff” text=”#000000″ align=”left” size=”1″ quote=”I must Create a System, or be enslav’d by another Man’s. I will not Reason & Compare; my business is to Create.” cite=”William Blake’s – Jerusalem The Emanation of the Giant Albion.” parallax=”off” direction=”left” revealfx=”off”]

Least safe jobs, does AI kills jobs?

What is AI’s edge over humans: Algorithms and robots are better at repetitive tasks and solving problems that involve crunching large, well-organized data sets.

Human edge over AI:  AI and algorithms are not good at is dealing with ambiguity and gray areas. Nor do they get “context or nuance”. That is why AI is bad at making judgment calls, but humans are fast and accurate. the ‘Big data’ of tech giants need lots of human beings to sort, organize, cleanse, and prepare the data to be analyzed by the algorithms. There are more opportunities for humans with critical thinking skills even with automation. Robots and AI won’t be fixing your plumbing or building skyscrapers. Future Jobs are STEM  (Science, technology, engineering and mathematics) jobs, and hardest hit are unskilled labor job market. Safe jobs bets can be placed on those jobs where there is less automation. By same token, least safe  jobs can be potentially automated:

Least safe jobs Safe jobs
  1. Telemarketer
  2. Loan officer
  3. Cashiers
  4. Paralegal and legal assistant
  5. Taxi driver
  6. Fast food cook
  1. Reports, Correspondents
  2. Musicians and artists
  3. Singers
  4. Lawyers
  5. Physicians, surgeons and health related
  6. Elementary teachers

Ten IT jobs in 2020  by ZD net

  1. Computer vision engineer
  2. Machine learning engineer
  3. Network analyst
  4. Security analyst
  5. Cloud engineer
  6. App developer
  7. Business intelligence (BI) analyst
  8. DevOps lead
  9. Data Base Administrators (DBAs)
  10. User Support specialists

Look at following compiled list of big innovations:

Top 20 innovations of fourth industrial Revolution
Autonomous vehicles Behavioral Science Human enhancement Precision medicine
Advanced materials Biotech IOT- Nano sensors Renewable energy
Artificial Intelligence Blockchain Quantum computing Robotics
Augmented Reality Cyber security Neuroscience Next gen battery
Big data & analytics Drones Nano technology 3D printing
Most in demand Jobs in 2020
Data Analysts Physicians and therapists Sales and marketing specialists CSR representatives 
Management Analysts Software developers Veterinarians  Product design and creation
Teachers Accountant and auditors  Medical technicians

LINKS:

  1. Where the stable, high paying jobs will be through 2020
  2. The top eight careers of the future in Canada
  3. IT Jobs in 2020: A Leader’s Guide
  4. These Will Be The Top Jobs In 2025 (And The Skills You’ll Need To Get Them)
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