In an increasingly automated world driven by robots and Artificial Intelligence (AI), it’s becoming harder than ever to find and select a career that offers any kind of future security. While many industry experts suggest we just haven’t invented the new jobs yet, there is little doubt that the world of employment is changing rapidly and automation is going to play an increasingly dominant and important role in the future.
A career in data science and computer-related jobs
In recent years, there has been an incessant drive to examine and interpret the real world through technology. Computer scientists are increasingly using data to explain everything from our genetic code to the traffic flow around our cities. As we use more and more tech in our everyday lives, this trend toward tech will only continue.
Of course, the data is useless without the people and tools to order, decipher and make sense of it and there has been a huge explosion in demand for data science jobs in recent years. The collation of data is happening in all sectors of business as a way to understand trends and predict outcomes – everything from government to online marketing. With a solid understanding of how data can be used – and the skills to organize and recognize patterns in complex and detailed information – you could position yourself very well for a long and successful career in data-related employment.
A degree in economics like the one offered at https://appliedeconomics.bc.edu/
also grants students a firm grasp of market pressures, where they come from and how best to deal with them. This rounded approach to data analytics gives students the ability to not just interpret the data but also make calculated, informed and erudite decisions based on the information available.
The rise of machines and technology
Computers and technology have come to rule both our personal and work lives in the last 20-or-so years and are now an integral part of most people’s jobs. From the all-conquering growth of e-commerce and its dominance over the traditional high street to smart office technologies like Customer Relationship Management (CRM) apps, software and technology are slowly beginning to usurp many of roles previously performed by a predominantly human workforce.
As AI becomes yet more sophisticated and machine learning comes to replicate human thought, so the jobs requiring human input will continue to decrease. Indeed, a recent study found that around 30% of all tasks, in all jobs, can be performed better and more efficiently by computers. A somewhat sobering thought for anyone looking to start their journey into employment in today’s world.
However, there are nonetheless some careers that are expected to endure – and even increase in demand – despite the relentless increase of automation and technology in the workplace.
With ever-improving wireless connections, the imminent global roll-out of 5G technologies, increasingly smarter autonomous devices and the growth of the Internet of Things (IoT), scientists now have access to vast amounts of information that could be used to decipher the world around us. If used right, this data could be used to establish patterns to help both understand the here and now – and predict future trends. And these are exactly the skills taught in economics.
If you’re looking for career security in the modern, automated world, a degree in economics could just be your best option.
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