FROM ARTIFICIAL INTELLIGENCE TO MACHINE LEARNING – THE FUTURE OF AUTOMATION REVEALED

FROM ARTIFICIAL INTELLIGENCE TO MACHINE LEARNING – THE FUTURE OF AUTOMATION REVEALED

Automation is fundamentally altering jobs, businesses, and entire industries at an accelerating pace. Robotic process automation (RPA) and artificial intelligence (AI) will drive the next waves of change in operations, while physical robots continue disrupting manufacturing and warehouse workflows. Experts forecast automation could displace up to 30% of current jobs by 2030 but may also create new higher value roles.

AI software bots capable of handling rules-based back office administrative tasks are going mainstream across financial services, healthcare, retail, and other sectors. And RPA is only getting started – machine learning algorithms letting bots self-improve, smarter natural language processing, and expanded use cases will fuel double digital growth this decade. White collar office jobs stand to face significant disruption, while driving major efficiency gains for companies deploying bots.

In warehousing and manufacturing, autonomous mobile robots (AMRs) are compounding labor issues to handle inventory, transport goods, coordinate teams, and augment staff. AMRs can operate safely alongside people, relieving strain and tedium. Supply chain struggles emerging from the pandemic make such flexible automation crucial for resilience. A new wave of smart tools that empower human workers marks a shift from pure replacement.

Consumer-facing businesses are also automating. Already common self-checkout kiosks will utilize advanced computer vision. Apps provide customer self-service for an expanding array of transactions. AI chatbots handling customer inquiries via messaging may soon become the norm. However, industries reliant on human relationships like hospitality see risks if automation appears to undermine personalization.

Alongside forecasts of permanent workforce declines, automation anxiety remains high. But historically, technologies increase prosperity and create new jobs as old ones expire based on altered demand. The self-driving trucks of the future will still need human overseers in control centers, for example. Clear opportunities exist to retrain at-risk workers and define better policy before disruption escalates. But adaptation remains critical.

Rather than a robotic takeover, the future points to flexible teams of people, software, and machines cooperating closely. Automation priorities that empower people first may smooth the transition. With so many unknowns ahead, maximizing benefits while minimizing harm tops the agenda for companies and policymakers navigating the automation age.