Predictions on Job Loss
In 2013, Dr. Carl Benedikt Frey of the Oxford Martin School estimated that 47 percent of jobs in the US are “at risk” of being automated in the next 20 years, the same for Europe and the globe .
The figure was recently verified by McKinsey & Company, who suggests 45 percent of jobs today will be automated with exponential technologies, such as machine learning, artificial intelligence, robotics and 3D printing.The concept is called technological unemployment, and most careers, from factory workers and farmers to doctors and lawyers, are likely to be impacted. The impact will likely […]
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