The robotic revolution is set to cause the biggest transformation in the world’s workforce since the industrial revolution. Thanks to advances in technology, many jobs that weren’t considered ripe for automation suddenly are.
Using PwC research, we’ve worked with RS Components to reveal how many jobs per sector are at high risk of being taken by robots by 2030. As RS notes:
The robotic revolution is set to cause the biggest transformation in the world’s workforce since the industrial revolution. In fact, research suggests that over 30% of jobs in Britain are under threat from breakthroughs in artificial intelligence. Thanks to advances in technology, many jobs that weren’t considered ripe for automation suddenly are.Is your job next? Find out how many jobs per sector, are at high risk of being taken by robots by 2030.
Earlier this month, value investor Mohnish Pabrai took part in a Q&A session with William & Mary College students. Q3 2021 hedge fund letters, conferences and more Throughout the discussion, the hedge fund manager covered a range of topics, talking about his thoughts on valuation models, the key lessons every investor should know, and how Read More
You can check out the piece here.
Here are a few hooks readers might be interested in exploring:
- 30% of jobs in Britain are under threat from breakthroughs in AI. Research from PWC suggests that in some sectors, even half of all jobs could be taken.
- The top 3 sectors most at risk of automation:Transport and Storage (56%), Manufacturing (46%) and Wholesale and Retail (44%).
- The 3 sectors least at riskof automation:Education (9%), Health and Social (17%), and Agriculture, Forestry and Fishing (19%).
- Other industries to be taken by robots include administrative and support services, accommodation and food services, Finance and Insurance, construction, real estate, public administration and defence, and arts and entertainment.
- Automationis set to boost productivity to enable workers to focus on higher value, more rewarding jobs
- Although eliminating some existing jobs, automation will also create additional jobs in less automatable parts of the economy.
Is your job going to be taken by a machine?
See the below which shows the jobs at risk.