[extropy-chat] A job for me?

Alfio Puglisi puglisi at arcetri.astro.it
Mon Nov 3 17:54:59 UTC 2003


On Mon, 3 Nov 2003 kevinfreels at hotmail.com wrote:

>An article I read that analyzes future trends in employment has me a bit nervous:
>http://education.guardian.co.uk/further/story/0,5500,1074083,00.html
>
>Being a mortgage broker for the last few years, I have enjoyed watching my job become simpler. The technology improvements so far have made it possible for me to work from home.
>A careful analysis of this trend however has forced me to accept a frightening possibility. My job may not exist 10 years from now!
>Currently, many specialized web applications exist that allow me to put in a customer's application and get an underwriting decision in minutes. All that is left is selecting the right loan, gathering the required documentation, and submitting it to an underwriter who then decides if that documentation is acceptable to meet the neccessary guidelines for that particular loan program. At this point, they prepare loan documents and send them to the closing agent for closing.
>It only stands to reason that when solid verification software and text reading software come online that are capable of handling these duties, the job of brokering, and even underwriting will be left to computers. This can be handled without any AI. It will only take some very complicated software. Software that could probably be built right now if someone wanted to invest millions in development costs. In time, it will come.
>This is a business that I know well, and it is all I am formally trained in with the exception of a 4 year old A+ certification that isn't worth a dime any more.
>I have decided that I need to find a new career and go back to school.

Or, you can find a new career as one of the experts in this job.  Whoever
will make the software will need programmers, funding, and someone who
know what the better strategies are. The programs will need to be tested,
mantained, upgraded, new ideas must be incorporated in a sensible way. The
project director must be well versed in the field. Someone who has already
worked in it before.

Ciao,
Afio





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