Employment 2: Technology Will Drive Value Added-jobs

Employment 2: Technology Will Drive Value Added-jobs

The pace of change, especially technological change, has never been this fast, yet it will never be this slow again. In the early 1900s, it was the Luddites smashing weaving machines. These days, retail staff worry about automatic checkouts. Professional drivers are already fretting over self-driving cars and trucks.

There is no denying the fact automation has been decimating more and more jobs every year. From supermarket cashiers to postal workers and travel agents, industries and jobs that were considered mainstays barely a decade ago are vanishing rapidly.

McKinsey Global Institute predicts that as many as 800 million jobs could be […]

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