Some Tips on Job Security in the Robot Age
1st July 2016
We believe job loss won’t be catastrophic but there will be some on the margins, and it’s a nasty experience for the people who do lose their jobs. They tend to lose them for the rest of their lives. But the fear is overstated. Computers don’t tend to replace whole jobs; they replace specific tasks. Also, it’s a relatively slow process to eliminate jobs. There are just as many bank tellers now as there were in 1980. It’s not a profession that’s growing and no one would recommend it for their child, but it takes quite a while to replace jobs.