Coye Law - February 2020


Chronicle February 2020 Edition The Speed of Technology Is Exciting But Shouldn’t Be Taken Lightly Wade Coye Attorney

for increase. We’ll soon see artificial intelligence that recognizes when someone has requested information multiple times and will go ahead and just answer the request itself. We’re already seeing retailers use AI to restock their shelves because it can do it so much faster. While this kind of technology is useful to all types of business, it’s also something to be wary of. If you have machines doing the work that people used to do and doing it faster, then there’s no need for a human to fill that role. But instead of panicking, you should self-educate and adapt. This massive transition in the economy is already starting, and anyone who doesn’t realize what these changes mean for their jobs may soon find themselves without those jobs. That’s why I advise everyone to prepare, and there are a few ways you can do that. First is the art of the side hustle. It’s never a bad idea to have additional income and to generate it in whatever way is most profitable for you. Whether that’s taking up a second job, doing freelance work, or turning your hobbies into a retail business, use your skills to your advantage. If you don’t have an additional skill, there are endless avenues of education available online that will teach you one. The second way to prepare is to make yourself indispensable to the job you do. You may not be able to stop the implementation of AI, but what you can do is understand the job it is doing and figure out how to work in tandem with it. Don’t be the kind of person who asks your supervisor which six buttons to push; that’s what the AI is programmed to do. Instead, make the effort to learn how to push the six buttons the best. No matter how fast technology moves, it’s only as good as the people who put it to work. As technology changes, continuous learning is going to be key. If you can be transitional, you’ll do well in the decade to come. -Wade Coye

The world is changing so rapidly these days that it can be hard to keep up. But as we enter this new decade, if we don’t recognize change, learn from it, and adapt to it, we risk a lot more than just falling behind. Many recent changes in society are due to the speed at which we’re able to accomplish things. Technology makes everything faster, like when it comes to communication and shopping. Email applications have predictive messaging, which means you don’t even need to type your responses yourself. Online retailers have same-day (and in some cases, same-hour) delivery. Things are already much faster than they were just 10 years ago, and I predict that they are going to start moving even faster than that! People love things that are instant: communication, delivery, gratification, you name it. The faster we can get it or do it, the happier we are. Back when fax machines were one of the quickest forms of communication, there were people who’d send a fax, then call immediately after sending to ask if the fax had been received. Even though fax was the latest-and-greatest instant tech, it still wasn’t fast enough. Now, I have clients who text me to ask their questions, and while I’m quick, I’m not instantaneous. So, I get phone calls or more texts.

That’s why my prediction is that the speed of things will only continue to increase — because it needs to meet the demands


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