Since the beginning of mankind, technology has undergone tremendous transformations. Artificial Intelligence (AI) and Machine Learning (ML) are now the latest forms of technological advances. While many are yet to come in terms with the introduction of AI and how it could affect the current state of employment, people in various sectors, including finance have been able to produce and deliver accurate information with Machine Learning and Predictive Analysis. In recent years, this technology has been adopted by several organizations to effectively determine the credit history of individuals thereby enabling banks and credit companies to avoid the risk of losing money.
But when it comes to IT support in Fort Lauderdale, Artificial Learning (AI) has not been able to make a significant impact yet due to the nature of its technology. To this very moment, AI can hardly function on its own without human assistance. Unfortunately, humans, these days, are not meeting up to expectation despite being very creative and inquisitive. It is obvious that they are losing their creative skills due to the kind of environment they now find themselves in. Evidently, the modern society does not in any way encourage creativity.
Several Jobs that would have helped to improve human creativity have already been affected by automation. Currently, the use of automation techniques has replaced many aspects of labor, particularly low skilled jobs. And with the current advancements of AI and ML, it is evident that the use of human labor will soon be a thing of the past as automation begins to take effect. Since 30 percent of every job can be automated, as revealed by McKinsey, things aren’t going to remain the same either. As part of IT support in Fort Lauderdale, marketers are already trying to understand the spending habits of customers with consumer data insights and predictive analysis and converting every data obtained into sales.
Ever since wheels were invented, technology has always influenced the way work is being done. Unlike this present time, technology has had a significantly lower impact on jobs in times past. Now that various fields of work are adopting AI and predictive analysis application such as up-selling and customer retention, collective analysis, clinical support systems, child protection, etc., it is obvious that there’s going to be a higher risk of unemployment in the nearest future.
Currently, the world is experiencing an increasing growth in population at an annual rate of 1.2 percent. With all things been equal, it is expected that the current global population will rise to 9.8 billion by 2050. By implication, people will be left with no other choice but to rely on Government aids for sustenance as virtually all jobs will be handled by machines. There is no other greater force that can devastate the world’s economy than this.