The London Business Journal Volume 4 issue 1, 2017

Page 24

Entrepreneurship

www.londonbusinessjournal.co.uk

ENTREPRENEURSHIP IS HERE TO STAY

T

By Zufi Deo here is a growing acceptance reading software. Accountants are that the job market is facing a threatened by software which automates fundamental shift. The notion most of what they do. The trend seems to ofthe future ofwork is fast taking impact anything to do with compliance shape in the mainstream. Artificial and any job functions that can be Intelligence is entering the automated. mainstream and this means mass automation ofthe jobs we have taken This isn’t to say they will be completely for granted since the Second World eliminated. Just that only the top 20% of War. these professions and job functions may Take self-driving vehicles for example. still be around 20 years from now. This This technological advancement changes 20% segment uses their judgement or offer a custom designed service that is how transportation is organised. Traditional low-skill labour jobs are now difficult to be automated. being threatened. White collar The concern for us then is how to plan professions are at risk as well. Lawyers are threatened from intelligent contract our lives and organise ourselves in this

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