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Last Update: Apr 3, 2018
I recently read a book by the Author Paul Hornsey Pennel called surfing the techno tsunami, that book gave a detailed picture of the coming affects of artificial intelligence and robotics along with the internet of things.
Paul Zane Pilzner once said that the problem will not be with the economy, the economy will do great, the problem will be what to do with all of the displaced unemployed people.
A recent report finds that by 2030, 800 million jobs could be lost across the developed world to automation.
A study done by the McKinsey Global Institute, found that advances in robotics and artificial intelligence will have a massive effect on peoples working lives, this shift is being compared to the shift away from agricultural societies during the Industrial Revolution. In America alone it is estimated that up to 80 million jobs will be automated, that is a 30% reduction in the workforce, similar percentages are expected in the U.K and across Europe.
This process of reducing the work force is expected to be completed in 12 years, the process is underway as we speak.
By being here and choosing to get ahead of the crowd, creating your own peace of real estate in the business world, you should be completely insulated from the problems before they start in earnest, and for that you should congratulate yourself.
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