Automation Takes Hold, But Humans Still Needed

A new report from the McKinsey Global Institute — A Future That Works: Automation, Employment, and Productivity — highlights trends in automation technologies — including robotics, artificial intelligence, and machine learning — and their effects on businesses and economies worldwide. Some of the key findings of the report are highlighted below: Automating activities can reduce errors and improve quality, while improving productivity and, thereby, business performance.

Although less than 5 percent of all occupations can be fully automated, about 60 percent of occupations are comprised of at least 30 percent of activities that can be automated. Importantly, more occupations […]

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