Now showing items tagged job losses
WHY ROBOTS LOVED THE PANDEMIC
You’ve likely read the headlines regarding how many million jobs will be taken by robots, or what percentage of professions will disappear in the coming years. While some of these predictions are deliberately crafted for dramatic effect, they may well be close to the mark.
The most thorough and widely reported research looking at the potential of automation-led job losses in the coming years was conducted by researchers at Oxford University. These researchers found that as many as 47% of total United States employment had a ‘high risk of computerisation’ by the early 2030s[1] — more than 64 million jobs in all.[2]
WHO’S BEEN LEFT BEHIND BY COVID-ACCELERATED AUTOMATION
While current trends like the Great Resignation are placing powers in the hands of employees, the technological advancement that the pandemic accelerated is highlighting the many industries that are increasingly vulnerable to disruption. The lockdowns and distancing measures of the past few years have resulted in more and more businesses embracing automation, and recent technological developments reveal just how few jobs are immune to the effects of automation.