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In: Operations Management

I have to write a paper about "How technology will influence management over the next 50...

I have to write a paper about "How technology will influence management over the next 50 years". Any info I should consider before writing?

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Expert Solution

"How Technology Will Influence Management Over The Next 50 Years".

The rise of deep learning will revolutionize how companies are managed, argues the management consultants-- with compute programmes.

The rise of deep learning and artificial intelligence will revolutionize how companies are managed, argues the Economist, replacing many of the tasks currently done bu humans- especially management consultants- with computer progammes. While the first age of mechanization made the manger logistical experts, coordinating the schedules of machines and their operators, software will increasingly be employeed to analyse complex data, make hiring suggestions, and sat payrolls incentives levels.

"Some companies have already begun delegating management decisions to machines. Google's human performance analytics Group' uses algorithms to decide which interview techniques are best at choosing good employees, and to optimise pay. Deep knowledge ventures- a Hong Kong based venture. Capital firm that specialises in drugs for age- related diseases, has even appointed an algorith to its board of directors. its name is vital, and it gets a vote on which companies that firm invests in"

New technologies will also boost business productivity by "expanding the recycling and reuse of metals", replacing poor - quality materials with better ones, and buy using virtual materials. Instead of physical ones, such as digital books, notebooks, and medical records.


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