WHY IT MATTERS: Digital Transformation

IBM Watson computer is now being trained as a medical doctor and is now study for a fellowship in cancer diagnosis and treatment.

WHY THIS IS IMPORTANT

All jobs are candidates to replaced or drastically transformed by software. I wrote about this in the past but this text in paper says it best.

"While there's much debate about the extent to which technology is destroying jobs, recent research has driven concern. A 2013 paper by economists at the University of Oxford calculated the probability of 702 occupations being automated or " roboticised " out of existence and found that a startling 47 per cent of American jobs - from paralegals to taxi drivers - could disappear in coming years. Similar research by MIT business professors Erik Brynjolfsson and Andrew McAfee has shown that this trend may be accelerating and that we are at the dawn of a "second machine age"." 

Also see

- about the second machine age and digital transformation 

http://www.scoop.it/t/digital-transformation-of-businesses?q=mcaffee 

- half of jobs are vulnerable http://sco.lt/5Loi3d 

- impact on jobs 

http://www.scoop.it/t/digital-transformation-of-businesses?q=jobs 

I am firm believer of the people-process-technology equilibrium. Digital transformation impact humans and if they are not willing to change, then technology implementation often fails. However, this paper makes the point that, over time, the transformation will occur and those that fail to change their way loose their jobs. 

What is even more interesting is the research that indicates which industries and sectors are most vulnerable in the next few years. Is your job on the list?

A nice short companion article to read is Report Suggests Nearly Half of U.S. Jobs Are Vulnerable to Computerization

http://bit.ly/18TDnjn