Interesting insights on the potential impact of automation and AI on the future of jobs, skills, and wages.
"Very few occupations—less than 5 percent—consist of activities that can be fully automated.
However, in about 60 percent of occupations, at least one-third of the constituent activities could be automated, implying substantial workplace transformations and changes for all workers."
The changes in net occupational growth or decline imply that a very large number of people may need to shift occupational categories and learn new skills in the years ahead. The shift could be on a scale not seen since the transition of the labor force out of agriculture in the early 1900s in the United States and Europe, and more recently in in China. We estimate that between 400 million and 800 million individuals could be displaced by automation and need to find new jobs by 2030 around the world.
