Fourth Industrial Revolution: Automation could replace 5 million jobs by 2020 – Interesting Engineering

http://interestingengineering.com/fourth-industrial-revolution-technology-could-replace-5-million-jobs-by-2020/

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  1. Tomi Engdahl says:

    Economist:
    OECD working paper: 14% of jobs across 32 developed countries are highly vulnerable to automation and 32% are vulnerable, equaling ~210M jobs in total

    A study finds nearly half of jobs are vulnerable to automation
    That could free people to pursue more interesting careers
    https://www.economist.com/blogs/graphicdetail/2018/04/daily-chart-15

    A WAVE of automation anxiety has hit the West. Just try typing “Will machines…” into Google. An algorithm offers to complete the sentence with differing degrees of disquiet: “…take my job?”; “…take all jobs?”; “…replace humans?”; “…take over the world?”

    Job-grabbing robots are no longer science fiction. In 2013 Carl Benedikt Frey and Michael Osborne of Oxford University used—what else?—a machine-learning algorithm to assess how easily 702 different kinds of job in America could be automated. They concluded that fully 47% could be done by machines “over the next decade or two”.

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