Is Your Job At Risk Of Automation?

Knowledge worker’s jobs will be able to be replaced with automation and it will happen faster than we expect. I think the pace of change will accelerate because new technology is now so easy to adopt in the cloud and innovations are rolled out faster than ever before.

Last week I blogged about Automated Accountants, which was discussing chatbot use cases rather than full automation of a person. However the concept of automating what knowledge workers do today to the point were we really do have a fully automated accountant is something I have been researching too.

I had a twitter discussion with Vinnie Mirchandani (@dealarchitect) about automation as he is authoring a book on the subject.  I agree with him that dirty and dangerous jobs are the first candidates for automation, but I also believe knowledge jobs are good candidates too and it will happen faster than many expect.  In the world of finance we have seen continual adoption of technology to move us from paper based Ledgers to highly automated cloud accounting software with integrated reporting, social networks, mobile etc. I think the pace of change will accelerate because new technology is now so easy to adopt in the cloud and innovations are rolled out faster than ever before.  So automation will happen quicker for those corporations that are already adopting these cloud based business applications.

I came across an interesting article on the BBC entitled Will a Robot Take My Job? which has some nice tools to let you search for your job and determine how likely it is to be automated and despite my earlier assertions I was surprised that accounting professions were so high on the list of those that would be automated.  You can see my summary graphic below

automation

The full report from Oxford University’s Martin School is worth a read as it goes into a lot of detail of skills that are hard for a machine to replicate and those that are easier so you can understand the reasoning behind the ratings.  My profession in software development has a pretty low chance of being automated, I have to come up with original ideas and negotiate and these are things it is harder (at the moment) for machines to automate but it might just be a matter of time.

This will not happen in one shot, but over time more and more tasks will be automated, which is good because it will give is some time to think about the much bigger issue; what do we do now so much of what we as a workforce do is automated?  The common wisdom is the workers will gradually move to work on higher value tasks that cannot easily be automated and drive greater and greater value.  There is a lot of evidence to support this, but that discussion probably deserves a blog post of it’s own.

Author: David Haimes

I'm Senior Director in the Oracle Research and Development Organization, with close to 20 years working in various roles on the development of the Financial Management product suite.  Since the summer of 2016 my focus is exclusively on working with customers and longer-term design work, particularly around next-generation functional and technical architecture. My task is to figure out NOW what the financial management system of the next 3, 5 or more years should look like and start working toward it.  At the moment the majority of my time is spent working on Blockchain or Distributed Ledger Technologies (DLT), leading the effort for all of SaaS applications.  I'm also interested in AI, Machine Learning and new UX and interaction paradigms such as chat bots. I started out in Oracle UK and found my way out to Oracle's Redwood Shores, California HQ in May 2000.  My previous role was product owner for Fusion Accounting Hub, General Ledger, Intercompany and Legal Entity products in Oracle Fusion Financials and eBusiness Suite General Ledger. I have also worked on EMEA Globalizations, Federal and Public Sector Financials, XML Payments and a variety of projects on other products down the years.

2 thoughts on “Is Your Job At Risk Of Automation?”

  1. Hi David
    I have been looking up automation as well. This is a quote from a speech about Uber, which uses automation for route optimization and operations. I picked it up from an article I was reading and I had kept a note of it. Obviously Uber is in news for all the wrong reasons, but this quote predates that. Please tell me your views on this. Where does AI leave us?
    “I’m glad if people like working for Uber, but those subjective feelings have got to be understood in the context of there being very few alternatives. Can you imagine if this turns into a Mechanical Turk economy, where everyone is doing piecework at all odd hours, and no one knows when the next job will come, and how much it will pay? What kind of private lives can we possibly have, what kind of relationships, what kind of families?”
    If you remember, not so many months ago there was a similar story of Starbucks roster management software.
    I am wary of future and what it beholds for our society and our children. I just wanted to understand your views on the same.
    Regards
    Aashik

    Like

    1. Hi David
      I just referred my question to a friend during a discussion about AI. And he referred me to the future which is described in Isaac Asimov stories. Isaac Asimov is a sci-fiction writer.
      I think , it answers my query.
      Regards
      Aashik

      Like

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