ROBOTS WILL TAKE JOBS FROM HUMANS BUT LATER THAN THOUGHT

MORE THAN THREE YEARS AGO, RESEARCHERS FROM OXFORD UNIVERSITY CONCLUDED THAT 47 PERCENT OF JOBS IN THE US WERE AT RISK FROM AUTOMATION.

HOWEVER, LESS THAN FIVE PERCENT OF ALL OCCUPATIONS CAN BE AUTOMATED ENTIRELY, ACCORDING TO THE ANALYSTS.

McKinsey Global Institute says physical activities in highly structured and predictable environments, as well as the collection and processing of data, are the most susceptible to automation.
More than three years ago, researchers from Oxford University concluded that 47 percent of jobs in the US were at risk from automation.
Technical, economic, and social factors will determine the pace and extent of automation, according to the paper.

The experts analyzed more than 2,000 work activities across 800 occupations, breaking down jobs into tasks. “Almost half the activities people are paid almost $16 trillion in wages to do in the global economy have the...

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