Meeting the rise of the robots: Mass unemployment or mass redeployment?

The robots are rising, but probably not as fast as you think. That is one of the take-aways from a lengthy new McKinsey Global Institute report, “Harnessing automation for a future that works.”

This is the headline finding: “While less than 5% of all occupations can be automated entirely using demonstrated technologies, about 60% of all occupations have at least 30% of constituent activities that could be automated. More occupations will change than will be automated away.”

Or as Michael Chui, one of the report’s authors, told the Wall Street Journal : “Given that we will need the machines working […]

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