Population growth and technological development
Posted: Sun Dec 22, 2024 9:37 am
Today, the world is changing rapidly thanks to the introduction of artificial intelligence (AI) and robotics into the work processes of companies in all sectors of the economy, including construction. The impact of these technologies on the availability korea phone number of jobs worries the most outstanding minds of our time: for example, this spring, Elon Musk said that AI and robots will leave many without work in the near future.
However, it is undeniable that advanced technologies also open up new opportunities for increasing efficiency and creating new jobs. This point of view is confirmed by leading experts in the Russian construction industry: Pavel Mikhailovich Balobanov, General Director of PSS, and Igor Vitalyevich Rogachev, Head of the Competence Center for the Implementation of Information Modeling Technologies at Russian Railways, who spoke at the 2024 Summer BIM Forum with a report on the impact of advanced technologies on the labor market. Read a brief overview of their main points in this article.
Despite Elon Musk's pessimistic forecast, historical experience shows that every major technological breakthrough, although it caused job losses, ultimately led to the emergence of new or alternative options.
If you look at the history of population worldwide, you’ll see that the rapid growth began with the Industrial Revolution in the 18th century, when manual labor began to be replaced by machines. This led to a significant increase in labor productivity and economic growth. A similar situation is unfolding today: AI and robots can free people from routine work, but they will also create new opportunities and professions.
The Importance of the Leader's Role in the AI Era
Business leaders face three critical challenges as new technologies evolve:
Search for a product in demand
The manager must constantly find products and services that will be in demand in the market in the context of rapid technological development and changing customer needs.
Cost optimization
Employee salaries inevitably increase, which increases the company's expenses. In conditions where they cannot be compensated by increasing prices for customers, managers are forced to look for ways to increase labor productivity in order to maintain or increase the company's profits.
Establishing a dialogue between young and experienced employees
A company cannot develop without effective interaction between different generations of employees. Young specialists bring innovative ideas, but they lack the experience to implement them. Experienced employees, on the contrary, can be conservative, but have the necessary skills and knowledge. The manager must be able to establish a dialogue between these two groups so that they come to productive cooperation.
However, it is undeniable that advanced technologies also open up new opportunities for increasing efficiency and creating new jobs. This point of view is confirmed by leading experts in the Russian construction industry: Pavel Mikhailovich Balobanov, General Director of PSS, and Igor Vitalyevich Rogachev, Head of the Competence Center for the Implementation of Information Modeling Technologies at Russian Railways, who spoke at the 2024 Summer BIM Forum with a report on the impact of advanced technologies on the labor market. Read a brief overview of their main points in this article.
Despite Elon Musk's pessimistic forecast, historical experience shows that every major technological breakthrough, although it caused job losses, ultimately led to the emergence of new or alternative options.
If you look at the history of population worldwide, you’ll see that the rapid growth began with the Industrial Revolution in the 18th century, when manual labor began to be replaced by machines. This led to a significant increase in labor productivity and economic growth. A similar situation is unfolding today: AI and robots can free people from routine work, but they will also create new opportunities and professions.
The Importance of the Leader's Role in the AI Era
Business leaders face three critical challenges as new technologies evolve:
Search for a product in demand
The manager must constantly find products and services that will be in demand in the market in the context of rapid technological development and changing customer needs.
Cost optimization
Employee salaries inevitably increase, which increases the company's expenses. In conditions where they cannot be compensated by increasing prices for customers, managers are forced to look for ways to increase labor productivity in order to maintain or increase the company's profits.
Establishing a dialogue between young and experienced employees
A company cannot develop without effective interaction between different generations of employees. Young specialists bring innovative ideas, but they lack the experience to implement them. Experienced employees, on the contrary, can be conservative, but have the necessary skills and knowledge. The manager must be able to establish a dialogue between these two groups so that they come to productive cooperation.