Friday, January 13, 2017

Robots Will Take Jobs, but Not as Fast as Some Fear, New Report Says - The New York Times

Also see A Darker Theme in Obama’s Farewell: Automation Can Divide Us (NYT)

"The report, which was released Thursday, breaks jobs down by work tasks — more than 2,000 activities across 800 occupations, from stock clerk to company boss. The institute, the research arm of the consulting firm McKinsey & Company, concludes that many tasks can be automated and that most jobs have activities ripe for automation. But the near-term impact, the report says, will be to transform work more than to eliminate jobs.

Globally, the McKinsey researchers calculated that 49 percent of time spent on work activities could be automated with “currently demonstrated technology” either already in the marketplace or being developed in labs. That, the report says, translates into $15.8 trillion in wages and the equivalent of 1.1 billion workers worldwide. But only 5 percent of jobs can be entirely automated."
Robots Will Take Jobs, but Not as Fast as Some Fear, New Report Says - The New York Times
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