Brother... Where You Bound?

A simple look at the latest developments in technology will give you an idea about a new paradigm coming up in our work environment – substitute technology and remove the human interface.

Researchers and Developers are creating digital actors – yes animated characters so real that one would not believe that the person you see on the screen is a digital creation.  Let’s face it; the dinosaurs have been looking real ever since Jurassic Park (1993) – it is about time we have digital characters who look every bit human.

Major Motor car companies are now incorporating bio-metric signals in the cars so as to assist the driver.  The car would signal a light representing coffee – meaning the driver’s skin is emitting signs of exhaustion or fatigue.  There are minor sensors in the steering wheel which will detect undesirable jerks in driving.  The cars will then automatically reduce their top speed and switch on side sensors which will assist the driver in ensuring his safety.

Stock brokers developed algorithmic trading and now have software in place for such trading.  The manned operations are discarded and the staff given the pink slip.

What is happening?  The above events are just a sample of how technology will soon substitute routine jobs.  New jobs will be created in place as the demand for such technology increases.  And soon those jobs will be replaced with technology and other new jobs will be created.

The above events summarize the need for people to understand that if they are in to traditional jobs, routine jobs, jobs that represent skills that machines can replicate – they need to re-evaluate the career paths they may have chosen for themselves.   Of course, certain jobs cannot be replaced – technology cannot replace a judge or a lawyer at a court.  Politics will not allow technology to replace a cricket umpire! Or an elected representative for that matter!

The current definitions of a business degree will need to undergo a metamorphosis in the sense that future business leaders will see pressure mounting on them as they meet the challenges of such changes in their business.  Curriculum focused only on the administrative side of businesses will need to be revised to accommodate for developing ability in spotting trends.

© Nitesh Kotecha