The way of the world today seems to be that technology is altering everything. From day-to-day life for millions of people to megacorporations, no one is untouched by the advancement of technology. Attempting to see how technology changes the leaders of businesses today can give clues as to how it is going to change medium and small-sized firms in the future. betfinal
Tech giants in Silicon Valley are the obvious places where technology has had an effect on the workplace. Identifying the traditional industries of the past and their leaders, along with how they are beginning to change, is a great way to prepare your own company for the effects and make sure you don’t get shoved out in the future of work.
Automated Practices
The easiest to see the change that technology is bringing today is automation. Whether it be fields like accounting where online bookkeeping software are displacing regular bookkeepers or simply sales automation, software has been automating business processes for years.
One of the groups most responsible for this change is Web Developers. Besides building the websites that businesses use for online sales, web developers help to write the software that records business transactions on websites. This has resulted in even the most stubborn of industries relying on software for the sales process.
At the end of the day, technology helps to make jobs function smoother and efficiently. Refusing to incorporate technology for the purpose of automation is a fatal flaw for some companies that even leads to less accurate recordings due to human error. The automation of business is only going to increase as time goes on and the complexity of the automation will streamline all businesses.
Artificial Intelligence
As covered by Gartner, narrow AI is going to be massive in the future of business. Narrow AI is essentially highly-powered machine learning solutions that use existing data to target specific tasks. Artificial intelligence is not going to replace the jobs of every worker in the world. Narrow AI, however, may help businesses meet objectives and save time through algorithmic learning.
What makes AI so likely to disrupt incumbent industries is the versatility of the systems. Machine learning is not just one simple field; it can be applied to a number of fields. Therefore, any narrow AI system can conceivably learn any task. This makes it an invaluable resource for companies who wish to increase profits and overall sales. As the use of AI increases, so too will the demand for coders who can program and maintain the systems.
This will result in traditional companies opening up high-tech jobs, which is a change that has never really been seen before. As technology merges with work, tech-based jobs need to emerge at non-tech companies so that the technology can be developed and improved over time.
Database Management
Not dissimilar to automation, database management is a tech-based skill many employees are requested to have. Computers have become widespread in business and the prevalence of software such as Google Sheets or Microsoft Excel has made database management arguably its own profession.
As mentioned, companies are going to have to open up new tech jobs that can maintain these databases. One of those careers being pursued is becoming a data scientist. Members of this profession use a slight knowledge of programming languages and data analytics to sort through databases and make strategic business decisions.
A myth is that all tech-based jobs are going to be coders but the truth is that there is a myriad of tech jobs that will arise within non-tech industries, simply due to the computers and other technology already in use.
Conclusion
Predicting the future of technology and how it will influence the workforce is a difficult task. With that said, the incumbent industries that guide the future of businesses already use a certain amount of technology and small tech jobs are going to be opened within those companies to improve that technology. Over time, the technology used by these companies will steadily increase until they are indistinguishable from a tech-based company in Silicon Valley. No industry will be left untouched by technology and the changes, big or small, are coming whether companies are ready or not.
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