A Closer Look

The Future of Work – What automation will change

Technology experts and economists are engaged in a growing debate about the effect of automation technologies in the workplace. Some “techno-pessimists” are concerned about the mass destruction of jobs, while “techno-optimists” see considerable productivity gains for the economy that will in turn help create new work opportunities. Technology in the past has tended to create more jobs than it destroys, at least in the long run. Could this time be different?

With today’s technology, roughly half of the tasks that people do can be automated. That’s a staggering figure. But just as interesting, and maybe even more important, is that only 5 percent of jobs can be entirely automated. What it means is that, increasingly, all jobs are going to be affected. The way we work is going to shift over time as machines and machine learning and artificial intelligence start to take over some pieces of what we do. That will require people to adapt and change. And jobs, occupations as we know them today, will shift.

Chosen excerpts by Job Market Monitor. Read the whole story at The digital future of work: What will automation change? | McKinsey & Company

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