We had this “fear” before, of humans getting replaced with machines. It’s not new, a lot of people in the 19th and 20th century were afraid as machines replaced them in agriculture & industries. But, it didn’t completely take away their jobs. As new jobs disappeared post-industrial revolution, new jobs came in to replace them in different sectors. Thus, in a country like U.S or UK, the workforce in agriculture diminished to 2% unlike 90% before the industrial revolution.
The same thing which had happened during the past will not happen again — because humans have two kinds of abilities: physical & mental or cognitive abilities. Post, the advent of industrial revolution machines competed and outperformed humans in physical abilities. Humans smartly moved to service industry where their mental & cognitive abilities were in need!
Now, machines have started to compete & outperform us in mental or cognitive abilities. We are prone to checkmate from machines as we aren’t aware of any 3rd kind of ability where to smartly move and work in that field.
Another big obstacle is — even if any new job appears–the pace of change is so quick that humans need to reinvent themselves throughout their lifetime. The process of reinvention turns out to be a nightmare beyond certain age!
Earning a qualification for carving livelihood for whole life through an occupation is no more relevant. Technology is changing at an exponential rate and the only way to swim against the tide is to learn a new skill which is relevant as quickly as possible.
Each part of the globe as its own worries. The West is worried about A.I. , automation & robotics taking away a lot their jobs than the handful of it getting compensated. The Eastern countries like India have a huge disparity between the skills possessed and needed to thrive in this economy. To make things worse India also has an unprecedented population of 18 – 32 years to stuff them into meaningful jobs.
The survival hope in the job market can be summed it up by quoting Alvin Toffler “The illiterate of the 21st century will not those who cannot read and write, but those who cannot learn, unlearn and relearn”