Thursday, February 11, 2016

The digital revolution and the impact on people.

I just read a report on the impact of automation on jobs. It is estimated that over 45% of jobs are at risk of being taken over by some form of automation. How can you know if your job is at risk? Simple, how easy is it for your job to be done by a computer? I was looking at a list of jobs that are not susceptible to being automated and most of them are in health care. I guess if we want a job in the future we all need to work in the health care industry in some capacity. My concern is this, what are people going to do if their jobs are taken over by automation? In the past when jobs were lost they were replaced by other jobs (like car jobs for horse and carriage jobs that I wrote of before). Unfortunately there are no new jobs being created by the digital revolution. I think we are in for a massive societal unrest and upheaval in the not to far away future (if not sooner). How are people going to earn a living? If you can find an answer you will make a fortune.

What do you think?

See the article at: