Mckinsey: 800 Million Jobs To Be Lost By 2030 Due To Automation

Mckinsey: 800 Million Jobs To Be Lost By 2030 Due To Automation

800 million jobs are expected to be lost by 2030 due to automation and robotic labor, according to a study by the Mckinsey Global Institute.

In 2018, machines were doing 29% of the work, and by 2022 it will be 42% and will hit 52% by 2025, by 2022, 135 million jobs related to AI will emerge, though it says it requires major investment in developing a workforce capable of working in that field, according to the World Economic Forum.

Data processing jobs are to be worst hit with 62% of jobs being taken over. 47% of American jobs are likely […]

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