A report released yesterday by PwC says the near future of automation technologies will arrive in three phases. The report calls them “waves” and maps out how they’ll wash over us:
1. A flood of algorithms. Already, data analysis and simple digital tasks are becoming the purview of machines.
2. Augmentation inundation. Into the late 2020s, repeatable tasks and the exchange of information, as in financial data analysis, will come to be done by humans and automated systems working together.
3. Autonomy tsunami. Starting by the mid-2030s, machines, and software will make decisions and take physical actions, like driving cars, with little or no human input.