Automation may require as many as 375 million people to find new jobs by 2030

Automation may require as many as 375 million people to find new jobs by 2030

Fears that automation and machine learning will cause massive job losses and make people obsolete are starting to wane (well, unless you ask Stephen Hawking ). Instead, there’s a more optimistic prediction taking hold: that the new technology could actually lead to job gains. But the transition won’t be easy.

By 2030, up to 30% of the hours worked globally could be automated, according to a new report by the McKinsey Global Institute . Analysts in the consultancy’s research arm estimate that between 400 million and 800 million people could find themselves displaced by automation and in need of new […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.