In a recent Article, Gartner says that no single tool available today can replace humans in the workplace. The article goes on to say that hyper-automation is a response to this challenge – bringing together different tools, technologies and techniques to amplify every company’s ability to automate more processes, more rapidly, with better results.
It is no secret that productivity has slowed. In a Post from 2016, I described this phenomenon in detail. According to Wikipedia, productivity is an average measure of the efficiency of production. It can be expressed as the ratio of output to inputs used in the production process. In a Citi Report I shared in that post, they describe the significant slowing of labor productivity growth, which drives a focus on next generation gains. But In spite of technological progress and innovation, measured productivity growth is low by historical comparison.