Thursday, 17 September 2015

More automation, fewer jobs ahead

Internet of Things in 2025: The good and bad

Within 10 years, the U.S. will see the first robotic pharmacist. Driverless cars will equal 10% of all cars on the road, and the first implantable mobile phone will be available commercially.

These predictions, and many others, were included in a World Economic Forum report, released this month. The "Technological Tipping Points Survey" is based on responses from 800 IT executives and other experts.

A tipping point is the moment when specific technological shifts go mainstream. In 10 years, many technologies will be widely used that today are in pilot or are still new to the market.
INSIDER: 5 ways to prepare for Internet of Things security threats

The Internet of Things will have a major role. Over the next decade there will be one trillion sensors allowing all types of devices to connect to the Internet.

Worldwide, the report estimates, 50 billion devices will be connected to the Internet by 2020. To put that figure in perspective, the report points out, the Milky Way -- the earth's galaxy -- contains about 200 billion suns.

The ubiquitous deployment of sensors, via the Internet of Things, will deliver many benefits, including increases in efficiency and productivity, and improved quality of life. But its negative impacts include job losses, particularly for unskilled labor as well as more complexity and loss of control.

Robotics, too, will be a mixed bag. It will return some manufacturing back to the U.S., as offshore workers are replaced with onshore robots. But robotics -- including the first robotic pharmacist -- will result in job losses as well.

There's concern that "we are facing a permanent reduction in the need for human labor," said the report.

That may still be an outlier view. Efficiency and productivity gains have historically increased employment. But a shift may be underway.

"Science fiction has long imagined the future where people no longer have to work and could spend their time on more noble pursuits," the report said. "Could it be that society is reaching that inflection point in history?"

That question doesn't have a clear answer. The Industrial Revolution destroyed some jobs but created many more, the report points out. "It can be challenging to predict what kinds of jobs will be created, and almost impossible to measure them," the report notes.

Other predictions included:
Driverless cars will make up one in 10 of the vehicles on the road, and this will improve safety, reduce stress, free up time and give older and disabled people more transportation options. But driverless vehicles may also result in job losses, particularly in the taxi and trucking industries.

One in 10 people will be wearing connected clothing in 10 years. Implantable technologies will also be more common, and may be as sophisticated as smartphones. These technologies may help people self-manage healthcare as well as lead to a decrease in missing children. Potential negatives include loss of privacy and surveillance issues.
The forecasters were bullish on vision technologies over the next decade. This is tech similar to Google glass that enhances, augments and provides "immersive reality." Eye tracking technologies, as well, will be used as a mean of interaction.

Unlimited free storage that's supported by advertising is expected by 2018.


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