Automation mat be the key to making your business more profitable and efficient, but it also may be making your employees sick. Automation is seen as an existential threat to the jobs many employees have in today’s workforce. And according to a new study, this belief may be responsible for illness, both mental and physical.
The research revealed physical and mental issues may be directly linked to the fear workers have about losing their jobs due to automation. The researchers stated this may be attributed to perceptions of weak job security among the respondents in the study.
County-level Job Automation Risk and Health: Evidence from the United States is the resulting report from the study conducted by Srikant Devaraj, a research assistant professor with Ball State’s Center for Business and Economic Research; Michael Hicks, Center for Business and Economic Research director; Emily J. Wornell, a research assistant professor with Ball State’s Indiana Communities Institute; and Pankaj C. Patel with Villanova University.
Automation Anxiety Makes Employees Sick
Most significantly, the study found a 10-percentage-point increase in automation risk in general led to a decrease in the physical and mental health of employees by between 0.6 and 2.38 percentage points.
What’s more, the cost associated with the higher incidence of poor or fair health also spiked by $24 million to $174 million.
In the report, Michael Hicks, one of the researchers, said, “While estimates of potential job losses due to automation vary for our nation — with one as high as 47 percent — most people agree that the risk of automation is significant and growing.” For people living in areas where automation is taking place, Hicks said they, “… Are sickened by the thought of losing their jobs and having no way of providing for themselves or their families.”
As to how different regions in the country are coping, the Southern US seems to be faring worse than the Plains, the Midwest and New England regions. The researchers said the patterns the study reveals are consistent with the general health patterns in the country.
Not All Americans Fear Automation
Although new technology is always responsible for making some jobs obsolete, the vast majority of Americans are not as worried about AI.
The 2017 Randstad Employer Brand Research reported more than three fourths or 76 percent of US workers don’t fear their jobs being replaced by machines. The majority or 84 percent also said AI and robotics will have a positive impact on the workplace in the next three to five years.
For many small businesses, AI and automation are seen as tools to improve operations by supporting the limited resources these businesses have available. In the case of accountants, for example, 96 percent feel positive about automation.
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