Don't worry, robots and AI won't take your job: Well, at least not all of it Automation probably won't lead to massive unemployment, but governments will still need to prepare for major upheaval, according to a new study. Until now, automation has gotten a bad rap. In 2013, Oxford professors Carl Frey and Michael Osborne analyzed 702 occupations and declared 69 million US jobs, or 47 percent of the workforce, would be lost. In 2017, CNBC reported that 65 percent of Americans believed other industries would suffer because of automation, but theirs would be unaffected. Despite the doomsaying being flat-out wrong (automation will only eliminate 9 percent of US jobs in 2018 but also create 2 percent more in a new "automation economy"), the demand for automation has never been higher.
Artificial intelligence (AI), blockchain, and the Internet of Things (IoT) all feature prominently in Forrester Research's vision of how technology will transform business between 2018 and 2020. The 42-page report outlines 10 tech trends and classifies them both in enterprise readiness and the pace of change. One trend – distributed trust systems challenging centralised authorities – is a slow burner in the'dawning' stage, while public cloud is accelerating in the'acceptance' stage. Three other technological trends are deemed to be accelerating; how employee experiences are redefining apps, digital employees in the white-collar workforce, and immersive customer experiences. The other trend with glacial movement is around insights-driven organisations outpacing their competitors.
Forrester Research said it will acquire SiriusDecisions for $245 million in a move to better target chief marketing officers. According to the companies, they will be able to combine strategy research and consulting with operations. Sirius is a business-to-business research firm that has a platform for marketing, sales and product management methodologies. SiriusDecisions had revenue of $87 million a year with 340 employees and 1,400 accounts. Forrester, which has 3,500 accounts, and SiriusDecisions reckon they will be able to cross-sell various services to clients.
Sally has officially ended her romance with Thomas so she can focus on the Spectra plan to steal Forrester designs, but she may still have a few doubts about the plot on the Tuesday, April 11 episode of "The Bold and the Beautiful." Sally (Courtney Hope) broke up with Thomas (Pierson Fode) on the CBS soap, because she knows that she won't be able to actually debut a line of stolen Forrester designs while dating him. However, in a preview clip for the newest episode of the show, she still seems to have some doubts about going through with the plan, forcing her grandmother Shirley (Patrica Darbo) to once again remind her that they need to do this in order for Spectra to survive. Sally (Courtney Hope) works with Spectra to debut their new line ahead of the one being put out by Forrester on the April 11, 2017 episode of "The Bold and the Beautiful." "You have to grab that bull by the horns.
As we enter 2018, there are two competing forces that are impacting the world of HR. On the one hand, the rate of social and business changes is accelerating, resulting in an ever more complex business environment. On the other hand, employees are pushing for even simpler, more engaging, and human-like experience from their enterprise applications. For HR to survive, they will need to leverage emerging technologies such as artificial intelligence (AI), machine learning, robots, and chatbots to support rapid business changes while delivering a superior employee experience.