In recent years, technological advances have allowed machines to perform many jobs previously performed by humans. As a result, workplace efficiency and productivity increased, and manpower requirements decreased. Some may worry that increased use of technology will lead to fewer jobs being available, but this may not be the case. While it is true that some jobs become obsolete as technology advances, new jobs are also created to replace them. For example, as automated machines become commonplace in manufacturing, workers who know how to operate and maintain them will be needed. In addition, the increasing use of technology also opens new opportunities for entrepreneurs who can create innovative products and services that solve people’s problems. Overall, the positive impact of technology on jobs and their future is clear. With the continued development of technology, even more, positive effects on working life and the economy can be expected in the coming years.
Here are the top 5 job sectors that have improved due to technology.
1) Advertising and Marketing: The digital age has seen AdTech evolve, and new media platforms emerge. The advertising space available to brands is greater than it was 20 years ago, and it will continue to grow in the future. The next decade is going to be an exciting time to witness how artificial intelligence, augmented reality, and virtual reality impact the industry. Advertisers can communicate with the public. More content is available to consumers. The last decade has seen steep growth curves in websites, social media, video platforms, on-demand television, and audio. In addition, different platforms were created during this period, resulting in a change in daily media consumption. The average time people spend with media has also changed rapidly depending on the media environment.
2) Education: Technology is such a big part of the world we live in. Many jobs that did not require the use of technology in earlier years require the use of technology today. There are many more computers in homes than in previous years and more and more people know how to use them. Children and adults use technology every day to surf the web, send text messages, social networks, play interactive games, and more. We are a developing technological society and, in many ways, depending on its use. Thus, using technology and teaching students has become a priority in public schools. Students live in a high-tech world today. Most students use some form of technology daily including messaging, social networking, and web browsing. Students find this type of technology useful and very enjoyable. Those same students who are used to these types of technologies are connected to the use of technology in school. If their learning environment reflects the ways in which they interact with the world, they will be successful in their education (Christen, 2009). Technology can transform the classroom into an interactive learning environment.
3) Healthcare: Healthcare technology has provided healthcare with advanced tools to improve patient care. With an EHR, doctors can easily access a patient’s complete medical history and make informed decisions. Doctors can even use apps to identify potential medication errors and improve patient safety. Virtual Reality (VR) devices and applications help relieve symptoms of anxiety and depression in the elderly and people with mental health problems. Augmented reality (AR) also helps surgeons perform complex operations. Both virtual reality and augmented reality devices can help improve patients’ health and fitness. Some examples, such as robotic knee replacement surgery and gene therapy in cancer treatment, show that health technology will only grow exponentially soon. In conclusion, it can be said that technology has revolutionized healthcare, and this should continue in the coming years. Although developed countries have been able to use health technology more effectively, developing countries have not lagged. Today, more and more healthcare providers are realizing the untapped potential of technology and using it to streamline processes. It cannot be denied that healthcare and technology go hand in hand, and professionals must make the necessary changes and investments to improve the quality of healthcare.
4)Banking: Banks have always been associated with long queues and overwhelming paperwork. However, the demand for labor and paper has decreased dramatically because of the technological development of banking. The adoption of futuristic technologies has also gained recognition in the banking and financial sector. In technology introductions, customer service improvements and system upgrades are rapidly gaining acceptance. Mobile wallets, online deposits, e-bill payments, and other similar financial features have become standard in recent years. Artificial intelligence is at the core of the transformation of digital banking due to the increasing demand of customers for digital banking services. In a year marked by the Noteband – an 86% drop in the value of money in circulation in India on November 8 – cash payments rose by 22% in October 2016 compared to October 2015, indicating that Indians have steadily increased their acceptance of various things like digital payments. CLSA predicts that the value of digital payments in India will triple by 2026, reaching $1 trillion from $300 billion in 2021, thanks to the government’s initiative to increase financial access through simple bank accounts, Aadhaar cards, and mobile connectivity. In addition, these advances are largely followed by the expansion of fintech and new banks that make the entire banking process more convenient and effortless for customers.
Errors are reduced and data is better protected. When banking depended entirely on human precision and expertise, errors and mistakes became more common. Human abilities are limited; therefore, they tend to miss details or make miscalculations.
5) Retail: The introduction of point-of-sale equipment, bar codes, and a large billing and payment database storage capacity has made it simple to manage large setups. Operations can be recorded in a structured and methodical way, allowing for an in-depth look at sales and transaction volume. The country’s sales volume has increased due to electronic transactions. Sales have increased because of payment flexibility and cashless transactions. Maintaining competitive advantage through customer retention and acquisition is made easier with effective communication. Although it may be difficult for retailers to implement new technology, the ease of use and cost-effectiveness drive the demand for new innovations. Businesses’ expenses and inventories must be monitored by big stores. The focus of retailers can remain on retaining customers through innovative strategies because automated machines and high-end computers simplify the process. Security systems also make shopping safer for both customers and retailers, which gives them a lot of mental relief.
Technological advancement has changed the way we all work. Jobs that aren’t experiencing rapid growth are still experiencing rapid changes in the adoption of technology, requiring to hire professional in those skills. These changes have brought about higher level of productivity and helped in creating promotion opportunities for others.