2016-01-20

Welcome Your Robot Overlords

What do you mean 'take' human jobs?

"...The "Fourth Industrial Revolution" is already underway, according to a report from the World Economic Forum, which is focusing on how technological change is reshaping the workplace and global economies at its meeting this week in Davos, Switzerland. Developments in fields including robotics, big data, and artificial intelligence will change workplaces and the required different skills from workers in the years to come, according to "The Future of Jobs" report.

Not everyone will be impacted equally, with the report concluding that the jobs most at risk are office and administrative roles. Other industries with negative job outlooks include manufacturing and production, the arts and entertainment, construction and extraction, and installation and maintenance. Overall, automation and robotics will cause 5.1 million job losses over the next five years, the researchers found" 

"...About 7.1 million jobs will be shed, with two-thirds of those losses concentrated in office and administrative categories. That will be somewhat offset by the gain of 2 million new jobs in areas such as business and financial operations. The net result? About 5.1 million fewer jobs overall by 2020, the report noted..."

"...Any industrial revolution comes with growing pains, and among those most likely to feel the brunt of it are women, given that some of the fields with the highest projected growth -- such as in computers and math -- have the lowest rates of female workforce participation."

Well, clearly we need a quota. Problem solved!

Robots don't make a 'living wage' at $15 an hour or demand that other people subsidize their living standards.



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