BUSINESS AUTOMATION AND ITS EFFECT ON THE LABOR FORCE : a practical guide for preparing... organizations for the fourth industrial revolution

__Business Automation and Its Effect on the Labor Force__ informs business managers on new technologies that can make their industries more efficient. This book provides a primer on quantum computing, artificial intelligence, robotics, and sensors. As a business management book, managers can start planning for the future. The author predicts when the advanced systems would be ready to use. Getting a clearer picture of what is on the horizon, business managers can determine how many workers and machines will be needed. Managers will learn how to calculate the optimal mix of workers and machines. **Key Book Highlights** * Covering labor and technology in agriculture, manufacturing, construction, transportation, hospitality, health care, office administration, and education. * A review of the evolution of systems, machines, and devices from the past to the present, and where the latest advancement is headed. * A visual timeline showing when new systems and machines would be available for eight industries in the next 25 years. * Succinct descriptions of eliminated jobs, retained jobs, and new roles for workers. * A simplified method to calculate the costs of operations, allowing business managers to compare human productivity against machine productivity. * Labor market information in context of technological innovation for state workforce agencies and local workforce development boards. * Lists of occupations with Standard Occupational Classification (SOC) codes for labor economists, workforce development specialists, and job seekers. Cover Half Title Title Copyright Contents About the Author List of Figures Introduction 1 Cost and Use of Resources 1.1 Chapter Summary 1.2 Operations and Resources 1.3 Equipment and Labor: The Production Equation 1.4 An All-Human Labor Force 1.5 An All-Machine Equipment Force 1.6 A Mix Labor–Equipment Force 2 Technological Development 2.1 Chapter Summary 2.2 The Computer 2.3 The Computer and the Internet 2.4 The Computer and Mechanical Devices 2.5 The Computer and New Materials 2.6 The Computer and the Human Body 2.7 Computing Methods of Data Analysis 2.8 Artificial Intelligence (AI) 2.9 Quantum Computer 2.10 Misconceptions of Emerging Technologies 2.10.1 Misconception 1 and Its Corrected Statement: Big Data Refers to the Inclusion of New Data Types that Hitherto Have Never Been Processed 2.10.2 Misconception 2 and Its Corrected Statement: Robots Will Likely Be Precision Machines that Can Carry Out Defined and Specific Tasks 2.10.3 Misconception 3 and Its Corrected Statement: Machine Learning Provides a New Method to Build the Capacity of the Computer to Analyze a Massive Amount of Data 2.10.4 Misconception 4 and Its Corrected Statement: Artificial Intelligence Can Be Best Described as Varied Levels of Intelligence that a Computer Can Demonstrate 2.10.5 Misconception 5 and Its Corrected Statement: The Quantum Computer Will Operate Alongside the Present-Day Microcomputer System, Carrying out Computing Tasks that Today’s Computers Cannot Do Efficiently 2.11 Candidates for Business Automation 2.11.1 Definite Candidates for Business Automation 2.11.2 Possible Candidates for Business Automation 2.11.3 Unlikely Candidates for Business Automation 3 Automation in Agriculture 3.1 Chapter Summary 3.2 Description of the Industry 3.3 Demand for Human Workers 3.4 Technological Systems in the Past 3.5 Technological Systems in the Future 3.6 Forecasting of Technological Systems 3.7 Changes in Jobs, Roles, and Occupations 4 Automation in Manufacturing 4.1 Chapter Summary 4.2 Description of the Industry 4.3 Demand for Human Workers 4.4 Technological Systems in the Past 4.5 Technological Systems in the Future 4.6 Forecasting of Technological Systems 4.7 Changes in Jobs, Roles, and Occupations 5 Automation in Construction 5.1 Chapter Summary 5.2 Description of the Industry 5.3 Demand for Human Workers 5.4 Technological Systems in the Past 5.5 Technological Systems in the Future 5.6 Forecasting of Technological Systems 5.7 Changes in Jobs, Roles, and Occupations 6 Automation in Transportation and Warehousing 6.1 Chapter Summary 6.2 Description of the Industry 6.3 Demand for Human Workers 6.4 Technological Systems in the Past 6.5 Technological Systems in the Future 6.6 Forecasting of Technological Systems 6.7 Changes in Jobs, Roles, and Occupations 7 Automation in Accommodation and Food Services 7.1 Chapter Summary 7.2 Description of the Industry 7.3 Demand for Human Workers 7.4 Technological Systems in the Past 7.5 Technological Systems in the Future 7.6 Forecasting of Technological Systems 7.7 Changes in Jobs, Roles, and Occupations 8 Automation in Health Care 8.1 Chapter Summary 8.2 Description of the Industry 8.3 Demand for Human Workers 8.4 Technological Systems in the Past 8.5 Technological Systems in the Future 8.6 Forecasting of Technological Systems 8.7 Changes in Jobs, Roles, and Occupations 9 Automation in Administrative and Support 9.1 Chapter Summary 9.2 Description of the Industry 9.3 Demand for Human Workers 9.4 Technological Systems in the Past 9.5 Technological Systems in the Future 9.6 Occupations Affected and Unaffected 10 Automation in Educational Services 10.1 Chapter Summary 10.2 Description of the Industry 10.3 Demand for Human Workers 10.4 Technological Systems in the Past 10.5 Technological Systems in the Future 10.6 Forecasting of Technological Systems 10.7 Changes in Jobs, Roles, and Occupations 11 Widespread Automation Across the Economy 11.1 Chapter Summary 11.2 Similarities of Future Technological Systems 11.3 Notable Developments in Future Technological Systems 11.4 Timeline for Automating Industry Sectors 11.5 Leading Industry Sectors 11.6 Lagging Industry Sectors 11.7 Conclusion of Business Automation Across All Eight Industry Sectors 12 The Effect of Automation on the Labor Force 12.1 Chapter Summary 12.2 Aggregation of Lost Jobs 12.3 Aggregation of New Jobs 12.4 Differences in Skills and Abilities 12.5 Equipment and Labor: The Production Equation Revisited 12.6 Implications for the Labor Force 12.7 Next Steps for Future Study Bibliography Index Business Automation and Its Effect on the Labor Force provides reviews of specific technological systems that have been developed for agriculture, manufacturing, construction, transportation and warehousing, accommodation and food services, health care, administrative and support, and educational services.