Automation risks creating a two-tier workforce of haves and have-nots

Automation risks creating a two-tier workforce of haves and have-nots

The recent news that BT would reduce its workforce by as many as 55,000 by 2030, including about 10,000 jobs replaced by artificial intelligence (AI) , is part of a growing trend of job losses globally due to various forms of automation.

This is borne out by several industry reports, including one from McKinsey Global Institute (MGI) acknowledging that as many as 800 million jobs may be lost globally due to changes in technology by 2030.

In our book Work 3.0 , the author and business adviser Avik Chanda and I contend that, due to automation as well as newer ways […]

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