Robots redraw the energy workforce
If autonomous machines take control over more aspects of the energy business, will there be an industry at all in the future?
In this article, PE looks at the impact of new technologies on the industry. Part II of II. For the first article, click here. As much as there are benefits, there will be significant consequences to the pervasive uptake of AI. Inevitably, handing over functions to intelligent machine-led systems will lead to a significant loss of manpower. The industry is yet to adequately address that. Audit and consulting firm Deloitte envisages that a reduction in certain job types will be inevitable as transactional processes, routine tasks and specific equipment is automated. In their place, Deloitte sees new roles being created, allowing humans to focus on more human aspects of roles such as emotional
Also in this section
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing