Is Your Job Going To Be Replaced By A Robot?
Watching the Jetsons made a lot of us think how cool it would be to have our very own Rosie robot. Today, the idea might be pretty scary. This is because robots could be soon taking over a lot of the jobs we do, and then what? Where do we go?
Data from a recent study by Carl Benedikt Frey and Michael A. Osborne, found that about 47% of total US employment is at risk of being replaced by machines over the next two decades.
A Morgan Stanley team led by Elga Bartsch, has said that “A material shift in the composition of the labor force would result as demand for low skilled labour remains robust as many personal in-person services are not yet replaceable by machines.”
“Hence, the bifurcation in productivity of the workforce to low and high-skilled could be weighing on average productivity growth.”
Check out this chart showing the 15 various jobs that could be replaced.