Will Robots Be Taking Our Jobs?

From Henry Ford’s unveiling of the Quadricycle on June 4th 1889, to Elon Musk’s unveiling of the Tesla Cybertruck on November 21st 2019, It’s no misnomer to label this era as a technological revolution. Many laborers are concerned, however. Advancement in technology can mean your job getting replaced by a piece of machinery, and feeding the capitalist businessmen with even more revenue. What does this mean for your job? Is this a legitimate concern for our generation? Is your job safe from robotic replacement? Let’s do some research. 

Glen Lukk is an investor in technology and growth-oriented companies. In an article on Quora.com, he notes that over 100 years ago, the vast majority of people worked on farms. Due to rapid technological and scientific advancement, he estimates that around 2% of America’s farmers could provide enough food for the whole of the country. Ploughs, tractors, harvesters, and other farming equipment take up the jobs of 10 to 100 people at a time, and boost work efficiency exponentially.

During the periods of 2000 and 2010, The U.S. lost over 1.5 million jobs in the sector of manufacturing. Assembling cars, appliances, etc. could all be done by mechanical parts. A study by Ball State University confirmed that 85% of job losses in this period were due to technological advancement.

Well, how does this affect us? Perhaps you’re thinking “Well, I wanna be a doctor, lawyer, soldier, scientist… This won’t affect me.” A recent study by the University of Oxford states that over 50% of ALL JOBS in the U.S. could be majorly affected in the next few decades. (Yes, that’ll be the time we’re getting jobs!)

Talk to anyone whose job is threatened by automation and you’ll likely sense some fear and frustration about the future. However, it doesn’t have to be this way. Throughout history, there have been a lot of instances of people losing their jobs because of innovation. Humans are resilient and have always found a way to adapt, and today’s workers will discover new areas where their skills are required.