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A McKinsey report released last week finds rural areas will be the most negatively affected by the next wave of automation, but right- and left-leaning experts on technology and labor economics disagree, calling the report “speculative.”
According to McKinsey’s analysis, automation will hit rural areas hardest through shrinking wages and fewer job opportunities, partly because rural communities have lagged in economic development and growth compared to urban areas since WWII. Automation may displace nearly 40 percent of U.S. jobs by 2030 according to the report, and of the 512 counties that will see the most displacement (25 percent), 429 are […]
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