Humans Vs Robots: Humans are Better at Some Stuff

Humans Vs Robots: Humans are Better at Some Stuff

Humans Vs Robots: Humans are Better at Some Stuff

Robots are coming for all our jobs, but we’ve still got the edge in a few key areas.

McKinsey’s new report on the future of automation notes that humans are better than robots at: spotting new patterns, logical reasoning, creativity, coordination between multiple agents, natural language understanding, identifying social and emotional states, responding to social and emotional states, displaying social and emotional states, and moving around diverse environments.

The report named four skills where robots matched us and five where they beat us.

Recent developments in robotics, artificial intelligence, and machine learning have put us on the cusp of a new automation age. Robots and computers can not only perform a range of routine physical work activities better and more cheaply than humans, but they are also increasingly capable of accomplishing activities that include cognitive capabilities once considered too difficult to automate successfully, such as making tacit judgments, sensing emotion, or even driving.

Automation will change the daily work activities of everyone, from miners and landscapers to commercial bankers, fashion designers, welders, and CEOs.

The Big Q: how quickly will these automation technologies become a reality in the workplace, and what will their impact be on employment and productivity in the global economy?

The Big A: The McKinsey Global Institute has been conducting an ongoing research program on automation technologies and their potential effects.

A new MGI report, A future that works: Automation, employment, and productivity, highlights several key findings.

The automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. Automation also contributes to productivity, as it has done historically.

For the full report click here.

Have a terrific weekend

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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