Business In 2050: Robot Coworkers And Four-Hour Work Days?

The findings of a new study delve deeper into the future and forecast how the future of business and work will be in 2050.

The report, released today by Yell, provides a positive outlook on how businesses will operate in 2050 because of a flurry of emerging technologies, including artificial Intelligence (AI), augmented reality, and Internet of Things.

The digital marketing services company has teamed up with an acclaimed scientist and writer James Wallman, to predict how certain developments in what is referred to as “The Fourth Industrial Revolution will impact small or new companies.

The entire report concentrates on seven main trends foreseen by James and his team, which include:

The revolution of the cobot

Instead of worrying about robots, we ought to be excited about “cobots, ” a team created to collaborate with humans. Robots will perform more routine tasks, from chopping and retrieving to scouring information databases and performing complicated calculations. Humans are likely to move in the value chain and perform jobs that machines can’t perform as well – tasks that require empathy, creativity, and, most importantly, human interaction. Conversely, “cobots can help us become more productive and content at work.

The workday is 4 hours long.

The current working day was designed to squeeze every bit possible from employees working in offices and factories. Recent research shows there are better ways to work than eight-hour work days, as the optimal amount of time is closer to four hours each day. As robots and “cobots” take on more regular tasks in life, people are expected to become more imaginative. The most effective method to be inventive is to put in 4 hours per day.

The game of reputation

In a time of greater transparency and growing concern about ethical conduct and the environment, companies are moving from a singular focus on profits to a more significant concern. The focus of your business isn’t just on running a profitable company but also on people and our planet, goals, and performance. Your reputation is what you can do and how you accomplish it will always become more significant shortly.

With the rapid expansion of social and digital media, Yell has transformed into an online company that assists both consumers and businesses to succeed online. It is also committing to help one million businesses get found and selected as a trusted source by more consumers on the internet by 2020.

Mark Clisby, product and marketing director at Yell, states, “We’re living in a moment of amazing transformation. With the rise of “cobots” and shorter working hours, the importance of a good reputation for the future impressed us. Since for every small company owner, the main focus is on the customer regardless of how sophisticated technology becomes.”

“The next 30 years are expected to be exciting for all of us. We look forward to helping entrepreneurs and consumers adjust to the changing technology today and soon.”

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