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Technology is replacing jobs. Are you ready?

5m 44s707 words122 segmentsEnglish

FULL TRANSCRIPT

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what can we do to protect ourselves from

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robot automation the CEO explained that

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machines will replace traditional labor

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this is all about artificial

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intelligence and how much faster it can

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process human labor is never going to be

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cheaper as we get more advanced and

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we're just going to have to adjust to

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that and deal with the

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results for 3.3 million years humans

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have developed Technologies to make our

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lives easier

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these inventions made us more efficient

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and meant we didn't have to spend as

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much effort working to

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survive but each new development came at

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a

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cost when bronze tools were invented all

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the guys who made stone tools were

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driven out of work and when iron tools

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came came along all of the bronze

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workers lost their

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jobs when the Industrial Revolution hit

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it wiped out the livelihoods of millions

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of cobblers and Weavers who had to adapt

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or get left

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behind and this process continues

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today only now it's happening faster

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much much faster

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all kinds of routine jobs have become

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automated in the past few years thanks

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to breakthroughs in Technologies like

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Robotics and radio frequency

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identification Computing and high-speed

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networking and at the same time another

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powerful force globalization is making

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it easier for companies to move jobs

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overseas where wages are lower and

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regulations are less

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stringent in the past 20 years the these

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two forces technology and globalization

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have wiped out millions of American jobs

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in manufacturing from Detroit's autop

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plants to North Carolina's textile

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mills and it's not just manufacturing

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jobs we're now entering a dramatically

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new phase where High skill jobs are also

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at risk here's

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why since

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1965 computer processing power has

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roughly doubled every 2 years

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all of the computing power that

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controlled the Apollo Mission To The

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Moon can now fit on the chip inside your

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smartphone and in a few decades

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computers will be thousands of times

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more powerful than they are

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today already computers use artificial

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intelligence to easily beat the world's

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greatest Chess Masters recognize faces

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understand spoken

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language and even compose

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music they can do many of the things

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that we've always thought made is human

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and that threatens many of the jobs

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we've always thought were

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secure take drivve in a vehicle which is

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one of the top jobs in Most states in

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America with driverless cars already on

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public roads millions of truck drivers

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bus drivers and taxi drivers May soon

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find themselves obsolete

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in hospitals hundreds of thousands of

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jobs are on the line as computers learn

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to analyze catch scans and biopsies

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deliver low level anesthesia and even do

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surgical

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procedures and in restaurants hundreds

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of thousands of cooks may be replaced in

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the coming decades by machines that can

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follow recipes perfectly without ever

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taking a sick day or a smoke

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break an Oxford University study

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predicts that within 20 years years 47%

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of all jobs are at risk of being

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replaced by

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technology that's over 70 million

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people and at the same time

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globalization is also affecting High

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skilled jobs in ways that it never has

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before law firms for example are

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beginning to Outsource work to lawyers

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in developing nations who are trained in

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American law these lawyers can do legal

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research and even review contracts for a

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fraction of the cost of an American

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lawyer now just as technology and

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globalization destroy jobs it's

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important to point out that they also

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create jobs by generating new Industries

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and new markets for American

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Products we don't know exactly what the

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future is going to look like but we do

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know this millions of American workers

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white collar and blue collar young and

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old are about to face enormous

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difficult

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transitions we're living longer than

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ever before and will'll be forced to

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change our jobs more often than any

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people in

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history we're going to need to learn new

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skills constantly throughout our careers

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to keep from being left

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behind this revolution in the job market

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is not coming in the distant future it's

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happening now and it's going to

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accelerate

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it's going to affect all of us our

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friends our families and our

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communities are you ready visit us at

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workingnation tocom

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