Automation
Automation is aimed to augment people and propel business operations. It combines packaged software, machine learning, and automation tools to deliver the results. In the next couple of years, automation of data science will empower scientists to churn out advanced analysis.
For example, businesses in retail will need such sophisticated automation to compete with cashier-less AMAZON GO stores. Automation has already had us welcome cashier-less AMAZON Go stores across the US, but according to CNBC, the number will be 3,000 of its cashier-less AMAZON GO stores by 2021.
According to a PWC report, automation will go through three waves of automation:
- Algorithmic displacing around 3% to 30% of jobs from the early 2020s to mid-2020s.
- Augmentation increasing these percentages higher as technology improves itself.
- Autonomy wave that is predicted to surface in the mid-2030s.
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