Robot, artificial intelligence, machine learning, cognitive technology wave but the company is not yet ready

According to Forrester Research, cognitive technologies such as robotics, artificial intelligence, and machine learning will replace 7% of U.S. jobs by 2025, with office and administrative staff the hardest hit.

Robot, artificial intelligence, machine learning, cognitive technology wave but the company is not yet ready

The bad news is the loss of work. The good news is that after cognitive technology is well established, new jobs are derived. However, Forrester said one of the reasons for this is that there will be no major chaos and no immediate disruption, as many companies are not yet ready for a new automated workforce.

16% of jobs in the United States will be replaced, but 9% will result in jobs. Forrester said that by the year 2025, 7% of jobs will be lost.

Emerging jobs will be robotics professionals, data scientists, automation experts and content planners.

Ninety-three percent of automation technicians feel that they are not yet ready for smart machine technology.

83% think that cognitive computing will be the key to their company's future.

Thirty-two percent of respondents said they are ready for a change in cognitive technology for the future, but only 12% are well-positioned to respond to people and organizations.

Forty-six percent said that the number of jobs will remain the same, while 43% think the number of jobs will fall.

Forrester's report quotes a paragraph from the bank's director, UBS Enterprise Architecture:

In our bank, there are already back-end systems making decisions, and 90% of the transactions are automated. Only 10% of the fragmented live. The next step is to deal with clients.

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