Automation is touching our lives daily and letting us function more efficiently. Household conveniences now include vacuum robots and smart home push buttons or voice commands for lights, TVs, security, and even refrigerators.
“Powerful new technologies are increasing productivity, improving lives, and reshaping our world. But what happens to our jobs?” That statement and question are from a study by the consulting firm McKinsey & Company concluding that one in three U.S. workers could give up some of their tasks or entire jobs to robots or other artificial intelligence by 2030.
An excerpt from the study states, “The shift could be on a scale not seen since the transition of the labor force out of agriculture in the early 1900s in the United States and Europe….”
According to another study by MIT and Boston University titled “Robots and Jobs: Evidence from U.S. Labor Markets,” the displacement effect on the workforce will impact manual labor workers who are low and middle-income.