In the fast-paced world nowadays, technology
has played vital roles in our life. It has transformed from the “wants” to our
“needs”. There is even electronics home now where everything in the house
functions electronically and you would just need to give a command or press a
button and everything will be served. You may say that this is just one of the
thousand people who own such luxurious home. But let’s look into our life, for
example, in the LRT. Most of the time, the people would just playing with their
phone, scrolling through Facebook, playing games, or gossip with their friends in
the midst of waiting for their respective stations. Hence, the emergence of
technology into our life is significant and undeniable.
In the interview with Jack Ma, the founder
of Alibaba Group, he predicted that in the coming future, artificial
intelligence will transcend human knowledge, leading to job loss (Ward, 2017a).
This means that the machines will slowly take over human’s task where human
power is no longer needed. Thus, what really matters in the future is data. In
the other words, skills associated with data and its analysis will become
extremely valuable in the prospective job market.
According to the Bureau of Labor Statistics
(BLS) (2015), the job outlook of data analysts in the coming seven years is of
34%, which is so much faster than the average. Their main task is to collect
and analyze the data and trend in order to help solve real-world problems in
many different industries. For example, in the field of e-commerce, the data
analysts may help the company to improve their relationship marketing with the
customers by studying how the customers feel about the product through customer
reviews, feedbacks and suggestions. This trove of information may be obtained
from the purchase-transaction data from commercial websites or the data
collected from the customers who visit the websites several times a day. They
may also use such techniques to suggest alternative products to the customers
when the users browse through the products online.
In the meanwhile, I think we should heed the
advice of executives from the global leaders in technology. Google executive
Jonathan Rosenberg and executive chairman Eric Schmidt, said that data
analytics will become increasingly important for the survival in the workplace.
It is the top skill where the young professionals should learn more about as we
are going into the world where the technology outpaces human intelligence
(Ward, 2017b).
From what has been said by the famous
businessmen in the field of e-commerce, it is to bear in mind that artificial
intelligence and machines learning will create computers so sophisticated and
godlike that the humans will need to keep up their step to catch up with the
wave before being fall behind. Information transparency helps people to well
determine who is telling the truth. Therefore, it is your responsibility to
grab the essential skills before the technology tells you who the boss is!
References
Ward, M. (2017a)
Jack Ma: This is what to study if you want a high-paying job in the future
[online], Jun 21st,
[Accessed: 25th June 2017]
Bereau of Labor
Statistics, U.S. Department of Labor (2015) Occupational outlook Handbook:
Statisticians [online], Dec 17th,
[Accessed: 25th July 2017]
Ward, M. (2017b) Google billionaire Eric
Schmidt says this is the skill employers will look for in the future [online],
Mar 31st,
[Accessed: 25th July 2017]
By: Yau Che Yan, BAF1541
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