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Sunday 22.10.2017 | Name days: Irīda, Īrisa
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Experts say – smart technologies will replace many jobs

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUThe victory march of technologies and their exponential growth in our everyday lives has added significant changes to the future of the labour market. Experts predict major leaps in science, production, education and many other areas of our lives.

Experts say artificial intelligence is all around us, giving multiple examples – Spotify, Siri, Google, IBM Watson and many other services make our everyday lives all the more convenient.

«Although current AI capabilities are limited, its primary objective will be automating certain processes to make customer service faster, more efficient and cheaper for businessmen,» experts say.

«Customer service field is facing major changes at the moment. Drivers will be the first to experience this. Self-driving capable cars are already a reality: Google has immortalized nearly all roads around the world thanks to them. They cause less accidents, do not use phones while driving, do not get tired and do not require wages, which account for approximately 30% of costs in the transport industry,» says researcher Andrew King.

According to estimates from different analysts, approximately 40% of jobs are at risk of disappearing because of smart technologies. Those 40% of people will be able to specialize in new and demanded professions. Similar how the industrial revolution cost countless people jobs, AI will do the same, forcing people to adapt and learn new craft.

Latvian Employers’ Confederation does say that development of technologies does help improve productivity, raise wages and reduce work hours. Development of technologies also helps create new jobs, experts say.

«Labour force re-qualification throughout the course of a person’s life is the result of technological progress. It is inevitable. The more rapid the progress, the shorter the period of use of the knowledge acquired in school,» says LEF Director General Liga Mengelsone.

Experts also say authors of home-made augmented reality application Overly are one great example of using modern technologies in business.

«Augmented reality is a new medium that can be used to make any product interactive. Everyone who has seen Harry Potter remembers the ‘living paintings’. Augmented reality can be used to liven up fashion magazine models or put a full-sized car in a salon,» says Overly co-owner Ainars Klavins.

Augmented reality is in the early stages of development. While a smart device is needed to liven up a magazine or a candy box currently, in the future there will be special lenses that will make the world livelier.

IT experts also say the world’s start-up wave has created an entire niche with innovative products and has given a push to many businessmen.

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