Reflection Paper - Business Analytics
Reflection Paper - Business Analytics
world’s most valuable companies are now “Technology Companies” like Apple, Google,
Facebook & Microsoft. I have to agree with that statement because I also noticed that it is really
true, technology is really evolving while companies are continuously innovating their market
strategies. AI, Blockchain, RPA, Cloud are already encroaching and disrupting the BDO, Banking,
Transportation spaces. AI, Blockchain, RPA & Cloud are advancing beyond the acceptable limits
and therefore the other industries are being left behind. There was a report from The International
Labor Organization (ILO) that “robots threaten millions of jobs in Southeast Asia”. They added,
“about 56 percent of all salaried employment in Cambodia, Indonesia, the Philippines, Thailand
and Vietnam is at risk of displacement due to technology in the next couple of decades”. When I
heard this, I was immediately got scared of what that can do in our country. I cannot imagine
replacing the Filipino workers to robots. Imagine a world wherein everything is manage by them?
ILO recommended that workforces in the ASEAN should be trained in skills that will allow them
to adopt to diverse working environments and handle new technologies to work alongside
digitalized machines. They have showed as a graph that represents the “Automation risk by job
type” meaning analytics of the jobs that can be replace by robots and/or technology. Out of all the
jobs that were presented, “Food Preparation” was the highest. While “Teaching” got the lowest
rate. According to BBC News,”Robot automation will take 800 million jobs by 2030.” The U.S.
army chief wants robots and artificial intelligence forces to play bigger role on the battlefield. AI
would also mean ¨losing, disrupting, displacing 1.3 Million jobs in the PH BPO industry alone.¨
Olivia Oran of Thomson Reuters added ¨The rich and powerful warm robots are coming for your
jobs.¨ Ivana Kottasova of CNN Money also seems to have the same vision, ¨Smart robots could
soon steal your jobs.¨ On the other side the Blockchain expertise captured the No. 1 position on the
latest skills index by Upwork for being the hottest in the U.S. job market. Having these information
makes me wonder if I am a believer of this idea of replacing the manual production of humans to
intelligence of robots.