•Amazon announced last week that it will spend $700 million to train about 100,000 workers in the US by 2025, helping them move into more highly skilled jobs. The New York Times observed that with this program Amazon is acknowledging that ”advances in automation technology will handle many tasks now done by people.”
•McKinsey Global Institute: between 40 million and 160 million women worldwide may need to transition between occupations by 2030, often into higher-skilled roles. Clerical work, done by secretaries, schedulers and bookkeepers, is an area especially susceptible to automation, and 72% of those jobs in advanced economies are held by women.
•A December 2018 Dun & Bradstreet survey of AI World Conference and Expo attendees found that 40% percent of respondents’ organizations are adding more jobs as a result of deploying AI within their business and only 8% are cutting jobs due to AI implementation.
•The Economist reports that Mr. Frey, whose 2013 paper has been cited in more than 4,000 other academic papers, now says that “’Lots of people actually think I believe that half of all jobs are going to be automated in a decade or two,’… leaving half the population unemployed.
•Oxford Economics: up to 20 million manufacturing jobs worldwide will be lost to robots by 2030.
•World Economic Forum: automation will displace 75 million jobs but generate 133 million new ones worldwide by 2022.
•ZipRecruiter: One in five job seekers (one in three for those between the ages of 18 and 22) fear they will one day lose their job to AI (survey of more than 11,000 job seekers in the US).
Welcome to the wonderful world of complexities in the 4th Industrial revolution (IR 4.0)
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