Golly, United States, Headaches discussed on CCC Talks
Plus business winning at the same time that they seem essentially diametrically opposed so. Hey I for companies who win will almost always in some way. Connect them to the preferences. The needs of the people who pay them the dollars. So I'm not too worried about US being Disjointed inherently by in that way it should connect us to our needs and wants and desires. Whatever that is. That's intelligent way. I think of aggregating a maiden things like that. Well we'll see I mean. We had manufacturing industrial age as well as the revolution on the Industrial Age Are we seeing people replaced by machines? I think about the next stage now where we're seeing some of the service economy being replaced by software driven by big data facilitated by cloud. But like that when there was this displacement from the mechanically machine air new jobs came up new things came to. Hopefully we hopefully we. We continue on that tangent. Now down in one of your headaches talks. You've done a number of those into really good. I think our listeners should go have a look at some of those as well. You also talk about the emergence the automation economy. Now we did a segue into it there but what are talking about you talk about the automation economy. Yeah the automation. Connie I mean so I. I don't know so much if if it's economy. I think I know the text you're talking about is the one at University of Rhode Island which I do on so I don't know if I use that phrase particularly but I think I did talk about the rise of automation certain job categories. Do you WanNa kiss explorer that Lord. Yeah because to go into it. You're talking about a Driving let's say white collar automation so to kind of senator. I know you'll should. White collar workers be be worried or do they fear that this automation economy will take their jobs as well. Yes so the It's a good question. I think that the broad answer so the tedtalk actually does a reasonably good job of tackling. Nece on it's just Dan for Gela Connects University of Rhode Island or whatever but Pretty easy find on Google Talking about three main facets of what are the job security pillars that we will likely be able to stand on us and so on one of those is is what I refer to as context and so we talk about what should white collar folks be worried. Serve depends on their role. I think right now because we're not seeing the bowling ball. Destroyed pins across finance and retail and heavy industry. Where we're not there yet. So so real visceral. Will my children eat a meal? Worry is probably unwarranted almost ubiquitously in most white collar jobs however if we want to look to the future and secure as much certainty as we can about own Value in in an increasingly automated age. One one factor here is is context so I use a bit of an analogy here until about inputs. So that's whatever lands on my guest or my computer screen joke about my my work on those inputs. What do I do with this thing in? Front of me is a spreadsheet that manipulate in the same way as a form that. I check in the same way is it. A whatever is it repetitive. In wrote and the outputs do. I send it to the same inbox forward to the same person. Put IT in the same file structure. Whatever the case may be do the in the works and the outs more or less. Look the same without me. Having to know anything else in the business in other words I don't have to look over into marketing onto look over into procurement. I'm just in my world of inputs work in outputs. Those are the roles with no context right. They just. It's just work on those roles at the highest risk of automation across the board regardless of industry regardless of of. Gio allegiant and so folks really feel like they're in those kind of physicians would be in the spookiest spot for sure. Then other things. I guess for people to think about about their careers. I guess we're no longer in the era of Goat's college get your degree on the whatever that is go to the bank in this example and have a career for forty years get the gold walked off nothing fancy pants and I think those days of leftists behind I'm then we've technology changing so much that win away icy it in win people's careers going house to almost reskill to three or four times along the way to keep up to keep relevant about the rate of change. Were talking about this You know automation economy is going to force us to do that. Or if we don't do it we may get left behind. I mean nobody could deny that. I think even before we talk about you know. My Grandmother had one career upgrade that she has to do which was learn to type. You have to look at a typewriter typewriter. And of course for my parents were a couple more right. My Dad never really got with the Internet stuff. He ran a little carpet store and God bless a meat. He had to learn some new technologies and new ways of doing things. I think that the folks who now will in that store are having to probably even have an email list of customers who send messages and things like that and at some point. Maybe that'll turn to marketing automation on. So yeah I think that the technology tools. The ways of doing things are Involving faster than ever there is reason to be nervous that not everybody will be able to or want to endure that kind of quick hustle light and this will create that stratification of society writ large folks who who either want to or are adept in on consistently evolving driving forward into new problems to be solved and learning new ways of doing things and folks who For ability or for preferences just absolutely do not WanNa live in that world where it's a new dam tool it's a new dam workflow every six months I think that society. Maybe we'll figure out a way that that'll be tackled. But I think it's it's worthy of consideration in terms of how that's actually going to happen but we found in our Recent said global digital skill survey was one of the critical findings looked up and organizations now requiring people to have the ability to learn on rescale quickly and apply those skills as opposed to coming into a new organization with degrees diplomas. I'm certain types of learning. It will last for the length of time that they're indoor organization so the expectation is always there but we also found that not everybody is capable of reskilling but we do believe that they should be afforded job opportunity one way or another two jobs relation or twitter or social channels. I think that that's that's a big thing and the other any other. I guess ethical implications of say using a uniform organization or is there are ethical points from an society in general. I mean there's there's all sorts of considerations ethically in terms of Longbow societal impacts. There's things like you just brought up. Can everybody keep up and learn everybody able to rescale? I think it's it's somewhat obvious. It not necessarily. Everybody wants to do that as the aptitude for that. It's not the thing I'm it's very demanding. I think for some folks on and I think that how that is tackled whether it be universal basic income whether it be in this broader governmental sort of factors that I think we could say have ethical import in some in some fashion umph within businesses on. I think that a lot of the time a is being applied to kind of snipe out things that could be those kinds of risks so an example here is regulation or compliance in the financial services. Space there are things that I can say on the phone when I'm selling you an investment that by Golly are not okay so that they're just not an there's there's ways that may be money to be transferred that by. Golly if the regulatory folks knew that money came from this party and ended up at the end of the day going through the Shell Company. Into this party we would be slapped hard because you know funding terrorism or crime in some ways not right but also just because there's punishments there so we actually see. Ai Aiming to kind of fire away particularly in finance also in life sciences at these things that are on compliance unethical risk factors so I might open up some but it might also help. Close the door on some of these things like fraud. like Insider trading sort of compliance risk for example. So I think it'll go both ways. So yeah I think there's not the boat. Waist there should be careful on both dont critical question. The final word can make the world a better place in come. It's far too much. It's it's the title of one of my Ted talks. Which if you're you're not ready to consider very scary far off post human intelligence stuff. You probably should avoid watching that talk altogether if you wanNA give yourself nightmares. Maybe you can But Yeah I think you know in the long term like forty years out. I think we're GONNA look really wild shifts sort of human condition and hopefully that that is for the good. I think it seems safe to say that in the near term on the aggregate Ai. Kind of like the Internet will be a net boon for wealth. Broadly reminding to regulate it differently. We might need to change the technologies. We allow our teenagers to us. If it's making the whatever the case may be right but I'm on the aggregate I think hopefully net boon To sort of productivity globally on at least in the near term and so my hope is that at least from the business perspective. The answer to your question is yes. I think long term. We've got bigger considerations but relatively near term an optimist. Good good the optimistic with you there as well. I think there's always good. At least we gotta get regulation in order to get to that point. We have to have things out there then catch up. We have to see what's happening. What the potential is look at the Internet? You know think regulations coming in year on year four that it needs more book. You couldn't regulate it for that years ago. Because you wouldn't have known the onto the scope you will know people would've used for so unfortunately it loves KOCH OPENING GIFTS OUT WINDOW. I think of opportunity for US TO BE MYSTIC ONTO. Try and fail and as you said fail faster. Put Your money where you want to stack your chips. Don't go all in and try and try again. Daniel Fidel thank you very much for joining us on. Today's CCC talks. I think that's been really enlightening and.