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47% of US Jobs at Risk for Automation

CO2

Osborne suggests that 47 percent of US jobs are at high risk due to computerization; they could be replaced in the next decade or two. Frey and Osborne believe accountants, loan officers, insurance appraisers, real estate brokers, inspectors, and clerks are among other high risk jobs. “I for one welcome our computer overlords!

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What British, European, and American Policymakers Need to Do Now

Harvard Business Review

News of the United Kingdom’s vote to Leave the European Union shook financial markets Friday, and signalled the start of potentially years of economic uncertainty for Europe. There doesn’t seem to be any such panic right now, despite the very large turbulence in the exchange rate in the financial market.

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Digital Transformation Doesn’t Have to Leave Employees Behind

Harvard Business Review

Osborne from Oxford University calculated that about 47% of American jobs could disappear by 2020 due to digitization. Roland Berger applied its methodology to the French labor market and estimated that 42% of French jobs could be at risk. For example, we are only beginning to understand digitization’s effects on unemployment.