Breakfast Briefing 15th November 2017

McKinsey recently reported that 30 percent of activities

for 60 percent of occupations are now technically
automatable. What does it mean for us?

Routine tasks will be the first to go—and thanks

There are now 100,000 chatbots on to advances in robotics engineering, both
the Facebook Messenger platform, up physical and cognitive tasks will be affected.
from 33,000 in 2016 (Source: Yale & Oxford)
© Knowledge & Innovation Network 2
 Occupations most at risk from
automation
Researchers at Oxford University published research on the likelihood
of automation for different occupations.

© Knowledge & Innovation Network 3

Automation Timeline

© Knowledge & Innovation Network 4

 Human-Machine Augmentation
Machine-only Automated Tasks

Human-centric Tasks
More Automation Less Automation

Machines Augmented By Humans Humans Augmented By Machines

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Routine vs. Non-Routine Jobs

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 Routine vs. Non-Routine

 Routine physical: bricklaying, driving

lorries
 Routine cognitive: accounts-payable
clerk, telesales
 Non-routine physical: short-order cook,
nursing
 Non-routine cognitive: teacher, doctor,
CEO

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AI progresses in exponential time

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“My job is safe….isn’t it?”

Wednesday 8 November 2017 11:46am

Deutsche Bank's chief executive has hinted at
thousands of job losses

The chief executive of Deutsche Bank has

hinted thousands of jobs could soon be cut at
the global institution, as technology
developments including machine learning slash
the need for human workers.

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On a positive note….

New inventions have been replacing human labour for

centuries, and they have led to growth in employment
not a decline. Automating more manual and repetitive
tasks will eliminate some existing jobs but could also
enable some workers to focus on higher value, more
rewarding and creative work, removing the monotony
from our day jobs.

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 Will a robot take your job?

Try this yourselves – go to:

http://www.bbc.co.uk/news/technology-34066941
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Thank you for your support!

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