Over the past decades, new technologies and solutions have started to redefine the way work is done. While this advancement in technology brought with it endless possibilities, it also introduced the looming fear of job displacement.
We haven’t feared this before as much as we fear it now because of COVID-19. According to the World Economic Forum, the Covid-19 pandemic has also accelerated digital transformation and with it the job disruption.
This double whammy caused by the pandemic and technological advancements has led to an increase in unemployment across the globe. For instance, many employees have been laid off because of the deep financial distress that businesses are facing, while others are being replaced by new technological solutions; 41% surveyed by WEF stated that they will reduce their workforce because of advanced technologies.
Below are 5 jobs that might extinct because of COVID-19 and the technologies founded because of it:
Data Entry Jobs:
With the advancements in technology quickly revolutionizing, collecting data digitally and automatically have become easier. Data entry jobs are among the jobs declining due to its redundant nature.
This is another job that might disappear as businesses turn to online softwares to streamline their businesses. Furthermore, with the move towards technology and AI, administrative assistants are being replaced by virtual assistants that can carry out the same job. CNN reports that since the start of the pandemic, the unemployment rates for administrative jobs has increased from 3.3% in February 2020 to 9.8% in July 2020.
It is reported that unemployment in retail sales, except for beverage and food stores, have decreased by 7.5%. The lockdown caused by the pandemic has caused businesses to lay-off workers. Furthermore, the quick and swift shift to e-commerce also impacted the jobs in retail sales.
Accounting, Bookkeeping and Payroll Clerks:
According to WEF, accounting, bookkeeping and payroll jobs are considered repetitive work that will soon be replaced by digital technologies.
Assembly and Factory Workers:
As the pandemic speeds up automation, factory workers are among those at risk of losing their jobs. By 2025, WEF expects that manual work will be handled by machines.
Many other jobs are expected to vanish as well, especially those with a redundant nature. WEF says that by 2025, around 85M jobs will be displaced. On the other hand, WEF also estimates that around 97M new jobs will also be created by the adoption of new technologies. It is important to note that with these changes come great challenges. With the transformation of jobs, reskilling and upskilling employees is a must.
“The double disruption of automation and the pandemic has made it painfully clear: we cannot afford to wait any longer for a reskilling revolution.” - Saadia, Zahidi, Member of the Managing Board at WEF
Skills like creativity, analytical thinking and flexibility will be at the top for the requirements list for the future jobs. Thus, it is instrumental for businesses and governments to work on providing employees and people with the skills the future needs.
© 2000 - 2021 Al Bawaba (www.albawaba.com)