Another set of alarm bells over automation and jobs, this time by McKinsey, finds that job losses due to automation will take out anywhere from ten to twenty percent of the current global workforce by 2030.
As many as 800 million workers worldwide may lose their jobs to robots and automation by 2030, equivalent to more than a fifth of today’s global labor force.
That’s according to a new report covering 46 nations and more than 800 occupations by the research arm of McKinsey & Co.
The consulting company said Wednesday that both developed and emerging countries will be impacted. Machine operators, fast-food workers and back-office employees are among those who will be most affected if automation spreads quickly through the workplace.
Even if the rise of robots is less rapid, some 400 million workers could still find themselves displaced by automation and would need to find new jobs over the next 13 years, the McKinsey Global Institute study found.
But of course there will be new jobs, with new skills to learn.
The good news for those displaced is that there will be jobs for them to transition into, although in many cases they’re going to have to learn new skills to do the work. Those jobs will include health-care providers for aging populations, technology specialists and even gardeners, according to the report.
“We’re all going to have to change and learn how to do new things over time,” Michael Chui, a San Francisco-based partner at the institute, said in an interview.
Then again if you don't have the money or education to learn these new skills, well, then you'll have to do other things like Be Poor And Unemployed. McKinsey by the way finds that as many as 75 million American jobs are going away to be replaced by...something, in the next 12 years. And tens of millions of us won't have the resources to change careers, especially should that odious GOP tax bill become law.
A lot of us aren't going to come out on the other side on this one, guys.