I shall present the top 10 job opportunities that will own the future. So let’s go ahead and begin with the countdown.
10. Inventory Management
At number ten we have inventory management. So what does inventory management involved? It refers to the process of ordering, storing and using accompanies and mentoring. Inventory Management automation is a growing trend manual entry and tracking can be time consuming, obligated and costly.
Automation streamlines many of these tasks and complete them in a more efficient and effective manner. It increases accuracy as it reduces human error and guesswork. As the company grows, the complexity of that inventory system will also increase. Manually entering in memory and spreadsheet documents is not scalable, automation brings in scalability.
Next, at number nine, we have construction. The present state of the construction industry is highly labor intensive. Let’s take a look on the on- site construction such as excavation, grading, Bricklaying, as well as operation and maintenance of buildings. All of these are highly labor dependent.
So, what is the scope of construction automation, it has the potential to improve the quality, safety and productivity of the construction industry. If automation construction is practiced, construction work will be continuous and consequently construction period will decrease and this will provide large economic advantages.
Finally, it is worth mentioning that automated construction and robotics enhance work environment because workers will be distanced from uncomfortable work position and this will enable them to focus on the creative aspect of construction.
Moving on and number eight we have the finance industry. Finance industry
which is claimed to have benefited the most with the help of artificial intelligence, cognitive computing, chatbots, personal assistant machine learning all of these are AI used in the finance industry extensively nowadays.
Let’s figure out what divisions as the second wave of automation impact in the operation side manually processing invoices is expensive due to the costs associated with handling, storing, printing and shipping documents. From a risk management and regulatory perspective. Automation can help alleviate several challenges related to physical contracts and documentation as a domain grading and investments depend on the ability to predict the future accurately.
Machines are greeted this as they can crunch a huge amount of data in a short while chatbots have indeed proven themselves as a powerful tool to customer satisfaction and an unmatched results for the Enterprise’s helping them save a lot of time and money. Instead of having to deal with tasks which computers can handle. Employees can work on big clients and big deals to increase the financial standing of the institutions. It shows the emphasis from number crunching to financial analytics and forecasting strategy, risk and resilience and better overall data driven financial management. Without a speck of doubt. AI is the future for the finance industry.
At number seven we have insurance. Insurance and automation the major challenge insurance companies face is to persuade people to buy insurance. So how does automation influences. Automation offers exciting possibilities for insurers to dramatically improve their profit margins as well as transform customer experience. Artificial intelligence, machine learning, blockchain, robotic Process automation has significant potential to transform claims processing.
The insurance industry runs on vast reservoir use of data under the automated process the rules, predictive models, and machine learning algorithms, will evaluate rate and price a submission.
Intelligent Automation can be used to quickly automated processes to achieve higher efficiencies and streamline operational costs. This will enable professionals to focus more on value added functions driven by smart solutions and contribute efficiently to overall organization objectives. As automation increases, so does importance of people who can provide thought leadership, good advice and maintain the automated process.
At number six, we have the agriculture sector, the UN Food and Agriculture Organization predicts that we need to boost worldwide food production by 70% over the next several decades to feed the anticipated population of 2019.
Are we going to replace farmers with fully autonomous technology? No. These technologies can help farmers be more efficient, it can start to ease up the resource constraints. Agriculture is certainly no stranger to technological change just about every aspect of farming and benefit from technological advancements from planting and watering to grow up health and harvesting.
Smart farming and precision agriculture involved the integration of advanced technologies into existing farming practices to increase production efficiency and the quality of agricultural products. As an added benefit they also improve the quality of life for farm workers by reducing heavy labor.
5. Automobile Industry
At number five, we have the automobile industry. Mentioned autonomous vehicles and people wonder two visions of the future. The rosy picture features a world in which cars zip around by themselves and a dystopian you rules that all those vehicles will put some fine million truckers Gabby’s and other drivers out of work.
The truth of course, like somewhere between these t wo extremes, the realization
of autonomous driving will dramatically reduce the number of car crashes caused by human error, building a safe, easy and non intervening traffic. driverless cars in urban areas will decrease the number of cars own for personal use, thereby eliminating congestion and the need for car parking spaces.
The overall automotive market will likely expand due to the scope of users such as elderly people, persons with disabilities.
The trucking and fried industry will be among the earliest adopters of automotive driving to improve transport efficiency, resulting in an increase in economic benefits. The more cars move around, the faster they were those that aren’t replaced will be repaired, which means lots of jobs for mechanics and others who keep cars motoring along, with automation comes the increased need for train demand bar with advanced skills to design, implement, monitor and manage automation.
At number four, we have journalism. It uses the process of shaping selective attention, bringing to light what is important, when most other things remain in the darkness. Let’s have a look at the areas that automation will impact artificial intelligence and use media is being used in new ways from speeding up research to accumulating and cross referencing data and beyond.
AI is enhancing the newsroom in the following ways, streamlining media workflows, automating mundane tasks, crunching more data digging our media insights and generating outputs.
Many industry players recognize that these tools are helping large news networks to analyze data quickly, automate tasks such as to the ideas and even compose few sentences. All of this at escape speed, customization and personalization never seen before. They will be a synergistic collaboration between artificial intelligence tools and journalists.
At number three, we have the law firms, the legal sector is one of the global economies most important sectors. Will discuss how legal process automation will play a major role in the law firm business model of the future. Processes like a discovery and document review are already being automated today, saving from thousands of hours of human labor.
AI’s impact on due diligence in the time and cost of human review is significant AI impacts the efficiency and risk mitigation as well. So with automation and artificial intelligence a threat to the legal sector? absolutely no, in fact, it could open the industry to some great opportunities AI and automation technologies are automating routine does towards providing intelligent analysis from a variety of data sources. Lawyers are becoming true business partners, leading initiatives and providing strategic, legal and business advice.
Now what number two, we have the restaurant industry. As the global
populationwhich is over 7.5 billion food demand continues to rise, food suppliers are under pressure to work more efficiently. Current technologies are gearing up to automate repetitively tasks for preparation and recipe building.
The traditional challenges who creating a cooking robot have been the challenges of operating within a human environment, including navigating cluttered environments, operating safely around and humans and animals as well as classifying unknown objects.
The money robotic kitchen is more like a flexible manufacturing works out than ever robots of it. Instead of manufacturing mechanical parts it flexibly manufacturers food.
Chef Watson is part of IBM submission to develop cognitive computing applications that can help people discover new ideas. Chef Watson however, is more than just a slick cookbook rather it works with shares to make them better arbiters of ingredient combinations. Robots are built to allow people to focus on what they are good at that is on creativity and hospitality.
1. Film Industry
At number one we have the movie industry. AI may have been storing and sci-fi movies for decades. But time has come for it to lead from the screen into real life production rooms.
Artificial Intelligence in the film industry has come a long way in.
The film industry comprises of in production, screenwriting actors, and the crew members, among many others. So the next time you sit down to watch a movie, the algorithm behind your streaming service might recommend a blockbuster that was written by AI performed by robots, and animated and rendered by a deep learning algorithm, an AI algorithm. We have even read the script and suggested the studio to buy the rights.
Greenlight essentials has come up with the software making it easier for movie producers to determine content elements that are short to attract a big audience. The robot movie has gone a step ahead by putting a young Fisher on screen and bringing the late Peter Cushing back to life as the grandma off target through digital recreation. The fact of the matter is that the clients or customers needs will change with time, there’s nothing you can do to stop that. And as clients needs change, the industry will also follow.
Also Read: Top 10 Gadgets That Will Blow Your Mind
Also Read: Top 10 Gadgets That Will Blow Your Mind