{"id":10329,"date":"2020-10-14T10:13:09","date_gmt":"2020-10-14T10:13:09","guid":{"rendered":"https:\/\/www.experfy.com\/blog\/?p=10329"},"modified":"2023-10-23T12:00:45","modified_gmt":"2023-10-23T12:00:45","slug":"fourth-industrial-revolution-taking-robotics-out-human-jobs","status":"publish","type":"post","link":"https:\/\/www.experfy.com\/blog\/ai-ml\/fourth-industrial-revolution-taking-robotics-out-human-jobs\/","title":{"rendered":"The Fourth Industrial Revolution: Taking The Robotics Out Of Human Jobs"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tWill robots take my job?<\/em>\u00a0This question has inspired numerous memes and websites and was even a topic in the U.S. presidential campaign. It is something I think about often as a technology entrepreneur and as someone who leads a team of remarkable people. Progress is an unstoppable force, but how can we ensure that people don\u2019t become casualties of it?\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIn January 2019, global leaders gathered in Davos for the\u00a0World Economic Forum<\/a>\u00a0(WEF). At the top of their agenda: the Fourth Industrial Revolution and its impact on people and economies. The Fourth Industrial Revolution refers to how technologies such as\u00a0artificial intelligence<\/a>\u00a0(AI),\u00a0machine learning<\/a>, self-driving vehicles, and connected devices are all merging with humans\u2019 physical lives. Klaus Schwab, founder and executive chairman of the WEF, noted at the time that the Fourth Industrial Revolution is \u201cblurring the lines between the physical, digital and biological spheres.\u201d The discussion focused on how to responsibly adopt these technologies and make sure that no global citizen is left behind in the coming wave of transformation.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tJust how significant is this wave?\u00a0McKinsey & Company<\/a>\u00a0predicts that \u201ccurrently demonstrated technologies could automate 45 percent of the activities people are paid to perform and that about 60 percent of all occupations could see 30 percent or more of their constituent activities automated.\u201d Note that this prediction doesn\u2019t state that the\u00a0jobs<\/em>\u00a0will be eliminated or replaced by bots, but that some of 30 percent of the human workers\u2019\u00a0processes<\/em>\u00a0will be automated. In fact, the consulting firm goes on to say that \u201cPhysical and manual skills will nonetheless continue to be the single largest category of skills (measured by time spent), shrinking from 31 percent of workers\u2019 time in 2016 to 25 percent in 2030 across the United States and Western Europe.\u201d Of the basic manual skills that will be offloaded to automation, \u201cBasic data-input and -processing skills will be particularly affected by automation, falling by 19 percent in the United States and by 23 percent in Europe in the 2016 to 2030 period. The decline will be in nearly all sectors as machines increasingly take over straightforward data-input tasks.\u201d\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Technology and responsibility<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAs tech leaders, we have a responsibility to develop solutions that positively impact the entire population. There are two sides to technological evolution: the thrill of inventing something new that will completely upend the way things are done, but also the impact that innovation will have on people and the economy. For the worker whose job is primarily data entry, what does automation represent to their future?\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tI take that responsibility very seriously when my company, Kryon, helps a company automate business processes. On the one hand, robotic process automation (RPA) can achieve breakthrough levels of speed and productivity and reduce human error. But on the other, the impact may eventually lead to lost positions for the people who work for that company.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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It isn\u2019t enough to adopt RPA just for its amazing cost reduction and higher revenue. It\u2019s not about replacing your human workforce with robots<\/a>; it\u2019s about taking the robotics out of the human worker\u2019s job. As your company continues its journey towards digital transformation and greater efficiency, why not bring your people into the future of work with you? There\u2019s no stopping progress, nor should we want to hold back on technology tools that can improve how work gets done. But while we toast to progress, it\u2019s important to take care of the people who have put in countless hours helping the company succeed.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Walking the walk<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tKryon has adopted this philosophy internally, as well. We encourage everyone in our organization to come up with processes they\u2019d like to offload to a \u201cbot\u201d friend. After the first lengthy covid-19 lockdown, our company morphed into a \u201chybrid\u201d work model. We gave employees the choice of working from home or coming into the office. It created a huge amount of manual work for our office manager. Her job description expanded to keep track of the welfare and whereabouts of each employee. This additional task was interfering with some of her core work, so she developed a bot. Each employee is required to update the company portal with their status for the day: WFH\/sick\/vacation. All other employees are assumed to be working in the office. Upon arrival at work, employees must report to the \u201cCorona Room\u201d to take their temperature and complete a \u201cDeclaration of Health\u201d form. If the bot discovers that you have not completed and signed the form, it sends out a series of reminders via email to the employee and his\/her direct manager until the health form has been submitted. This idea and implementation saved our office manager hours each day.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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If done properly, RPA can create active participants out of an organization\u2019s human workforce. Armed with knowledge, they have the power to control what the bots do and how to make them more efficient. Collectively, we can use RPA to orchestrate better work environments and provide long-term solutions that benefit everyone. This shift in perspective must happen to ensure that the future of work holds promise for everyone.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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The global pandemic is forcing companies to innovate\u2014and automate<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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RPA is a game-changer for the enterprise market in our current reality. The technology enables organizations to deploy virtual workers that can execute any logical actions that have historically been a drag on human productivity. With software, virtual machines in the cloud can act like humans.\u00a0Bots, powered by AI, can assist human workers by taking on the processes that are prone to error or require repetitive steps. This ability has never been more crucial than it is now, with a global public health crisis continuing to change our daily lives.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\tFor example, my company was called in to help one of the largest banks in Israel early in the pandemic. Their call center workers were overwhelmed by customers calling in to request delayed payments on their mortgages and credit cards. The loan agents who process these requests were swamped. There were multiple steps involved in handing just one banking customer\u2019s request\u2013a good indicator that a process is ripe for RPA.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tWe have seen this exact scenario roll out many times, especially during the pandemic. Organizations are geographically scattered due to stay-at-home orders; flights have been grounded, and workers are staying at home with their children due to school closures. RPA has entered the picture to support businesses as they navigate through this difficult time.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tAs the economy continues to struggle on a global scale, there will be more lost jobs and redundancies. But we can help mitigate impacts like these by encouraging customers to develop a long-term strategy to educate employees to become RPA bot developers or empower them with other new skills. Employees trained to do more meaningful and creative tasks will be more valuable, and they\u2019ll enjoy their work a lot more if they are not bogged down with manual processes that take hours to do.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

RPA is a game-changer for the enterprise market in our current reality. The technology enables organizations to deploy virtual workers that can execute any logical actions that have historically been a drag on human productivity.<\/p>\n","protected":false},"author":939,"featured_media":10330,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-post-3.php","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[183],"tags":[226,602,411,214],"ppma_author":[3807],"class_list":["post-10329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai-ml","tag-ai","tag-fourth-industrial-revolution","tag-robots","tag-rpa"],"authors":[{"term_id":3807,"user_id":939,"is_guest":0,"slug":"harel-tayeb","display_name":"Harel Tayeb","avatar_url":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/10\/Harel-Tayeb-150x150.jpg","user_url":"https:\/\/www.kryonsystems.com\/%20","last_name":"Tayeb","first_name":"Harel","job_title":"","description":"Harel Tayeb, an Entrepreneur and Investor, is the chief executive officer of Kryon, He is an innovative leader in robotic process automation."}],"_links":{"self":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/10329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/users\/939"}],"replies":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/comments?post=10329"}],"version-history":[{"count":6,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/10329\/revisions"}],"predecessor-version":[{"id":33642,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/10329\/revisions\/33642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media\/10330"}],"wp:attachment":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media?parent=10329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/categories?post=10329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/tags?post=10329"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=10329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}