This blog features an article 8 Top Technology Trends for 2019 and the Jobs They’ll Create written by Nikita Duggal.
“Technology is now evolving at such a rapid pace that annual predictions of trends can seem out-of-date before they even go live as a published blog post or article. As technology evolves, it enables even faster change and progress, causing the acceleration of the rate of change, until eventually it will become exponential.
Technology-based careers don’t change at that same speed, but they do evolve, and the savvy IT professional recognizes that his or her role will not stay the same. The IT worker of the 21st century will constantly be learning, out of necessity if not desire.
What does this mean for you? It means staying current with technology trends. And it means keeping your eyes on the future, to know which skills you’ll need to know and what types of jobs you want to be qualified to do.
Here are eight technology trends you should watch for in 2019, and some of the jobs that will be created by these trends. Because the time to train yourself for one of these emerging jobs is now.
1. Artificial Intelligence (AI)
Artificial Intelligence, or AI, has already received a lot of buzz in recent years, but it continues to be a trend to watch because its effects on how we live, work and play are only in the early stages. In addition, other branches of AI have developed, including Machine Learning, which we will go into below. AI refers to computers systems built to mimic human intelligence and perform tasks such as recognition of images, speech or patterns and decision making. AI can do these tasks faster and more accurately than humans.
AI has been around since 1956 is already widely used. In fact, five out of six Americans use AI services in one form or another every day, including navigation apps, streaming services, smartphone personal assistants, ride-sharing apps, home personal assistants, and smart home devices. In addition to consumer use, AI is used to schedule trains, assess business risk, predict maintenance, and improve energy efficiency, among many other money-saving tasks.
AI is one part of what we refer to broadly as automation, and automation is a hot topic because of potential job loss. Experts say automation will eliminate 73 million more jobs by 2030. However, automation is creating jobs as well as eliminating them, especially in the field of AI: Pundits predict that jobs in AI will number 23 million by 2020. Jobs will be created in development, programming, testing, support and maintenance, to name a few. Artificial Intelligence architect is one such job. Some say it will soon rival data scientist in need for skilled professionals.
2. Machine Learning
Machine Learning is a subset of AI. With Machine Learning, computers are programmed to learn to do something they are not programmed to do: They literally learn by discovering patterns and insights from data. In general, we have two types of learning, supervised and unsupervised.
While Machine Learning is a subset of AI, we also have subsets within the domain of Machine Learning, including neural networks, natural language processing (NLP), and deep learning. Each of these subsets offers an opportunity for specializing in a career field that will only grow.
Machine Learning is rapidly being deployed in all kinds of industries, creating a huge demand for skilled professionals. The Machine Learning market is expected to grow to $8.81 billion by 2022. Machine Learning applications are used for data analytics, data mining and pattern recognition. On the consumer end, Machine Learning powers web search results, real-time ads and network intrusion detection, to name only a few of the many tasks it can do.
In addition to completing countless tasks on our behalf, it is generating jobs. Machine Learning jobs rank among the top emerging jobs on LinkedIn, with almost 2,000 job listings posted. And these jobs pay well: In 2017, the median salary for a machine learning engineer was $106,225. Machine Learning jobs include engineers, developers, researchers, and data scientists.
3. Robotic Process Automation or RPA
Like AI and Machine Learning, Robotic Process Automation, or RPA, is another technology that is automating jobs. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. RPA automates repetitive tasks that people used to do. These are not just the menial tasks of a low-paid worker: up to 45 percent of the activities we do can be automated, including the work of financial managers, doctors and CEOs.
Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers, or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.
For you as the IT professional looking to the future and trying to understand technology trends, RPA offers plenty of career opportunities, including developer, project manager, business analyst, solution architect and consultant. And these jobs pay well. SimplyHired.com says the average RPA salary is $73,861, but that is the average compiled from salaries for junior-level developers up to senior solution architects, with the top 10 percent earning over $141,000 annually.
Although most people think of blockchain technology in relation to cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms, blockchain can be described as data you can only add to, not take away from or change. Hence the term “chain” because you’re making a chain of data. Not being able to change the previous blocks is what makes it so secure. In addition, blockchains are consensus-driven, as explained in this Forbes article, so no one entity can take control of the data. With blockchain, you don’t need a trusted third-party to oversee or validate transactions.
This heightened security is why blockchain is used for cryptocurrency, and why it can play a significant role in protecting information such as personal medical data. Blockchain could be used to drastically improve the global supply chain, as described here, as well as protect assets such as art and real estate.
And as the use of blockchain technology increases, so too does the demand for skilled professionals. In that regard, we are already behind. According to Techcrunch.com, blockchain-related jobs are the second-fastest growing category of jobs, with 14 job openings for every one blockchain developer. A blockchain developer specializes in developing and implementing architecture and solutions using blockchain technology. The average yearly salary of a blockchain developer is $130,000.
The job of developer is not the only one available in the blockchain space, however. Employers are also looking for software engineers, consultants and project managers. Jobs are available at financial institutions, but also in retail and healthcare, and soon probably manufacturing as well.”