Is a Robot About to Steal Your Job?

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Is a Robot About to Steal Your Job?

It’s not often something inspires and depresses you in equal measures. The above video by educational YouTube channel C.G.P. Grey achieves that in 15 minutes by concluding that automation is inevitable. The robot revolution is well underway, and will soon turn us humans unemployable, through no fault of our own.

University of Oxford Associate Professor Michael Osborne looked at over 700 U.S. professions and estimated 47% will be taken over by computers and machines within the next two decades. 47% of jobs lost would double the highest unemployment rate during the Great Depression.

Technology is replacing real jobs and will continue at a record pace. This is not some tomorrowworld, rather it’s happening right now. For instance, driverless cars and buses will be in 30 U.S. cities by the end of next year, with Tampa, Florida being the first unveiling in a few weeks. At first, these automated people-movers will be on college campuses, airports, and downtown areas. Then it’s only a matter of time before regulations allow highway use across the country.

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Related: What the Future Holds for Driverless Cars and Data Centers.

Elon Musk predicts that “true autonomous driving where you could literally get in the car, go to sleep and wake up at your destination” will be the norm by 2020.

Think of the jobs impact with this one change alone. The Bureau of Labor Statistics shows 884,000 people are employed in motor vehicle services, with an additional 3 million in the dealer and maintenance network. Truck, bus, taxi, and delivery drivers account for nearly 6 million jobs, and they too will no longer be needed. That’s at least 10 million jobs that will be obsolete in the U.S. alone. This doesn’t include the ripple effect this will have, like entire claims and insurance departments becoming extinct.

 

Who Else Will Lose Their Job?

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