Are you ‘Playing it Safe’ with your Career? We live in a world where creative destruction has accelerated. If you are not aware of creative destruction then I suggest you read my post: Surviving Creative Destruction in the 2nd Half of Life first.
We live in a time where automation, artificial intelligence (AI), and robotics are capable of eliminating your job. The recent article 375 million jobs may be automated by 2030, study suggests states:
The McKinsey Global Institute cautions that as many as 375 million workers will need to switch occupational categories by 2030 due to automation.
The work most at risk of automation includes physical jobs in predictable environments, such as operating machinery or preparing fast food. Data collection and processing are also in the crosshairs, with implications for mortgage origination, paralegals, accounts and back-office processing.
This will have a ripple effect throughout many industries.
‘Playing it Safe’ is now the new risky!
If you think that your employer plans on keeping you for more than three years or expects you to hang around more than three years you are ‘playing it safe’ and that is pretty risky!
I started taking risks in my career around the turn of the century. When I have made those career decisions that were actually pretty safe, they felt very risky.
I started the planning process for Career Pivot in early 2009. Incorporation occurred in late 2010 and the Career Pivot brand was launched in February of 2012. I had thought things through, gotten advice from many trusted advisers, and hired a coach.
In 2012, on a Sunday afternoon, I had a phone conversation with my coach.
I told her that I was feeling very anxious about a variety of things going on at the time. Logically, I knew everything was going according to plan but, emotionally, I was a wreck. She reminded me that I had re-made myself many times before. (This was the seventh career change of some sort in 35 years.) Why was this any different? I told her it was not. Every time I go through these changes, it is very anxiety-provoking. I perceived emotionally that I was taking a big risk. It was my perception and, therefore, it was my reality. I was not playing it safe!!
Now Comes the Emotional Side.
I am a pretty unemotional guy as I am a recovering engineer. What I discounted was the emotional side of starting Career Pivot. For the first 18 months in business, I would wake up in a sweat at 4 AM and think I do not have a paycheck! This is the ‘I do not have a paycheck syndrome.’ No one is there to take care of me.
The days of having an employer, company, government … who will take care of you are gone.
Nonetheless, I feel far more safe in my career decisions because I am not relying on an employer.
Is Your Industry Safe?
If you think your job and industry are immune to automation, AI, and robotics then you are smoking something and you are inhaling.
Do not listen to our esteemed Treasury Secretary, Steven Mnuchin when he was quoted as saying:
“Technology has made the American worker more productive. In terms of artificial intelligence taking American jobs, I think we’re, like, so far away from that – not even on my radar screen,” Mnuchin said. “I think it’s 50 or 100 more years.”
Our esteemed treasury secretary must be smoking something because virtually none of the experts agree with him. I guess it helps to be a billionaire and have no financial worries.
Industries are Morphing at a Rapid Rate.
I am working on a blog post and survey based on a Pew Research study called News Use Across Social Media Platforms 2017. The study states:
As of August 2017, two-thirds (67%) of Americans report that they get at least some of their news on social media – with two-in-ten doing so often.
Even those of us who are in the 2nd half of life are getting news from social media as the study states:
For the first time in the Center’s surveys, more than half (55%) of Americans ages 50 or older report getting news on social media sites.
Remember reading a newspaper and watching the evening news? I sure do! But, now, I never watch the evening news. I read the local Austin American Statesman newspaper on my iPad on Sunday mornings, and get most of my news from the Apple News app.
The news industry is just one example of where change is occurring at lightning speed. I have written multiple posts on this topic:
- Beware Automation and Robots Will Sabotage Your Career
- Labor Market and Robotics. What Awaits Us? [Guest Post]
- Has Your Job Been SMACed? If not Yet, It Will!
- Will Technology Replace Your Job? Probably! [Infographic]
Even professions like Information Technology (IT), which everyone thought would be safe, are no longer.
Career Safety is the New Risk.
When I left my last corporate employer I swore I would never work for anyone again as an employee. My wife and I have downsized. We have greatly simplified our lives. We have lived for the longest time mostly on savings. It took 2 years before I started paying myself and I am still drawing some money from saving after 5 years in business.
We even plan to move to Mexico in 2018. Check out the podcast where I explain how and why. Why The Millers are Moving to Mexico and How They Will Do It! [Podcast]
I am not taking the safe route but it is safer than being an employee!
Are you ‘playing it safe’ with your career?