The consulting firm PwC anticipates that AI will add as many jobs to the UK economy as are lost to the technology.
The predictions: The paper forecasts that about 20 percent of UK jobs will be automated by 2037—but 20 percent more jobs will also be created. Strictly speaking, the report suggests about 7 million will be lost and 7.2 million gained.
But… Take results like this with a big grain of salt. Job predictions that look nearly 20 years into the future make a lot of assumptions. As the authors write, “There are many uncertain factors that could tip the balance towards more optimistic or pessimistic scenarios.”
The takeaway: Companies, researchers, and consultancy groups disagree like crazy over how many jobs will succumb to automation. Reports from reputable groups help predict general trends, but instead of seeking out specific numbers related to technology-induced job loss, we need to figure out how to deal with it.
SOURCE:MIT DOWNLOAD
The predictions: The paper forecasts that about 20 percent of UK jobs will be automated by 2037—but 20 percent more jobs will also be created. Strictly speaking, the report suggests about 7 million will be lost and 7.2 million gained.
But… Take results like this with a big grain of salt. Job predictions that look nearly 20 years into the future make a lot of assumptions. As the authors write, “There are many uncertain factors that could tip the balance towards more optimistic or pessimistic scenarios.”
The takeaway: Companies, researchers, and consultancy groups disagree like crazy over how many jobs will succumb to automation. Reports from reputable groups help predict general trends, but instead of seeking out specific numbers related to technology-induced job loss, we need to figure out how to deal with it.
SOURCE:MIT DOWNLOAD
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