Recent studies indicated that about 86 percent of the U.S. economy is based on services, with about 13 percent in manufacturing and 1 percent in agriculture-related industries, forestry, and fishing. Healthcare has become the No. 1 employer in the U.S.
Over the last 75 years, productivity in agriculture has risen by 10 times and manufacturing by seven times while efficiencies in the services industry have only doubled.
Artificial intelligence, especially the early automation and self-healing phases of AI, is expected to help bring the efficiencies of the services part of the economy in line with the other parts.
Despite fears by some that AI will kill jobs in the U.S., some experts believe the adoption of AI will not likely lead to decreased employment. Rather, it will lead to big shifts in the kinds of jobs people hold, with an increasing emphasis going forward on global employees, contractors, freelancers and machine-assisted co-workers.
These employees are less likely than ever to work in a traditional office environment. They’ll work from home or remote offices or even perhaps coffee shops. This ever-increasing mobility presents all sorts of increased security concerns for businesses and service providers.
Experts believe that increased efforts on job skills training is the key to an active, vibrant and flexible new workforce in the future.