Automation is a major threat to the median American worker who specializes in what is called “routine knowledge work.” Andrew McAfee of the MIT Sloan School of Management explains that this is the sweet spot where technology is making its greatest inroads. Jobs like tax preparation, which often requires a mastery of formulas and policy, are becoming easier and easier to automate. At the same time, there are quite a few high-skill professions that are also feeling this sort of pressure. Computer programs can more accurately discover a smoking gun hidden within hundreds of pages of court documents.
No Job Is Safe From Automation, With Andrew McAfee
Canyon Profits On Covid Crisis Refinancings
Canyon Partners' Canyon Balanced Funds returned -0.91% in October, net of fees and expenses, bringing the year-to-date return to -13.01%. However, according to a copy of the firm's investor correspondence, which ValueWalk has been able to review, the fund quickly bounced back in November, adding 7.3% for the month. Net of fees, the letter reported, Read More