"40% of payroll professionals will lose their jobs from AI"
"Lawyers fear robotics will replace them"
"Automation could save companies thousands by cutting 25% of their staff"
The headlines on automation and job losses are endless. With a cheaper and more efficient system to performing tasks available, companies will cut employees in favour of AI. Without human error, increased productivity, less waste and less money being paid to employees, automation seems like a no-brainer for CEOs. And consequently, the job fears are founded in some reason.
But cutting jobs in favour of automation isn't a route to long term success. Automation provides an opportunity to evolve and develop roles, to open up people's intuition and allow them to apply their creative nous in the workplace.
It's not a matter of 40% of jobs being lost to automation, but 40% of time for those employees being freed up to focus on strategy, development and using their time to further their ambitions, and that of their employer.
Imagine if a payroll professional could automate tax calculations and data entry. At least a third of their time can now be spent to make the process smoother, deal with anomalies and analyse the data produced by the automated system to check trends. This overarching view of process allows them to act less as a tactical cog in the business and as more of a strategic device. Imagine the same scenario for a recruiter who could use a chat bot to attain details. Imagine if a journalist could mine research files and extract the necessary information using a bot, allowing them more time to refine their story and create more. Imagine automating reporting business results to a client. Imagine your job, without the boring bit.
Imagine the increase in productivity if a job was entirely creative and strategic.
Business leaders need to see automation as an opportunity to improve employee experience, not just replace jobs and cut costs. AI is evolution, not a replacement for the problem solving skills of human beings.
“For every robot we put in the world, you have to have someone maintaining it or servicing it or taking care of it.”