Automation Could Eliminate 73 Million U.S. Jobs By 2030

Automation Could Eliminate 73 Million U.S. Jobs By 2030

The rapid evolution of AI and robots could eliminate 73 million American jobs by 2030, according to a new report from the McKinsey Global Institute. The research notes that those losses could be offset by an increase in productivity, economic growth and other factors. However, maintaining full employment is likely to be highly challenging as the economy and labor market would require massive overhauls.

Midpoint automation could lead to 39 million U.S. job losses by 2030 while rapid automation could cost 73 million. Despite the potential losses, however, about 20 million displaced people could be shifted into similar jobs where […]

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