In the age of AI, how will the technological advancement and automation evolve our careers? paid Vanguard_Group
he AI revolution has fueled economic progress, but it has also spiked economic anxiety. Some researchers estimate that automation will displace close to half of the U.S. labor force over the next decade. But a recent study from Vanguard titled “” suggests a brighter future, one in which human work will become more valuable than ever.
How? By recognizing that automation doesn’t eliminate jobs — it eliminates tasks, the mix of specific duties that comprise an occupation and naturally shift over time. Consider the role of photographers, who once spent the bulk of their workday in darkrooms, developing film. Once technological advancement eliminated the need for that manual labor, photographers had time to focus on the more uniquely human elements of their profession, like art direction and client relations.
Which occupations are most and least susceptible to automation? It all comes down to how uniquely human they are. Some jobs that consist of a few basic, repetitive tasks — like delivering mail — can easily be outsourced to a machine. But jobs that depend on diverse human abilities like creative problem-solving and interpersonal skills — treating patients, for example — cannot.
To determine which occupations are most likely to thrive alongside robotics, Vanguard evaluated approximately 1,000 jobs tracked by the U.S. Department of Labor over the course of 15 years and analyzed how many critically important tasks they involve and how uniquely human each of those tasks is. The higher they scored in each category, the more essential their human component and the more likely they are to be complemented, rather than threatened by, automation.
Vanguard believes that investing isn’t just financially driven — it’s about your overall future wellness, too. Your career is a big part of that.
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