The Evolution of BPO
Thanks to its pool of native English speakers, the Philippines has emerged as the top contender for business processes being outsourced. About 1.2 million professionals are directly employed by the sector and another 6 million indirectly it is estimated that five service sector jobs are created for every business process outsourcing role.
The BPO services industry in the Philippines contributes a lot to the nation’s GDP, raking in billions of dollars.
However, that may be under threat as machines replace humans. Automation is slowly changing the landscape, even as chatbots display a human-like level of intelligence when interacting with customers.
George Yang, the founder of A.I. Pros remains optimistic. He agrees that 72% of the BPO services workforce in the Philippines is at the risk of being made redundant but it is also an opportunity. Being able to add value in a way that machines never could is what will guarantee the future of these workers. Augmented Intelligence is about both the human and the computer working together for the best outcome, as opposed to against each other.
Yang believes Augmented Intelligence has the potential to bring in $11 billion to the economy every year.
