THE FUTURE IS NOW

Automation, A.I., and Robotics are changing the job market and the number of jobs affected is growing exponentially, not linearly.

Law firms now use A.I. to analyze contracts, even craft litigation strategy.

McDonalds is replacing drive through workers with order taking A.I. and cashiers with self-serve kiosks.

Wal-Mart is automating truck loading.  California farms are employing robots to harvest lettuce.

From 1990 to 2007, robots replaced 670,000 U.S. jobs.  From 2007 to 2018 the figure was three million.

Every robot in the local economy replaced 6.2 jobs.

Advances in mobile technology, A.I., data transfer and computing speeds will allow robots to act with greater autonomy.

A study showed that 47% of American jobs are at risk from automation.

By 2030, robots will have forced 16 to 54 million American jobs.  Expect the actual figure to be much closer to the higher estimate than the lower one.

Repetitive tasks are at greatest risk.  China is replacing servers with robots.  91% of short order cook jobs can be automated with existing technology.

While jobs that manage people and require creative thinking and social interact are safer, they are not safe

In the past, technology has created more jobs than were lost.  Six million jobs related to horses led to ten million lobs in the auto business.  Farmer jobs lost went to factories.

However, the skills needed to make such a transition then were no more difficult that the work that was left behind.  That will not be the case this time.

Jobs of the future will require workers to have advanced degrees in robotics, A.I., coding, mechanical engineering, and such.  Such jobs will be out of the realm of possibility for workers with a high school education or basic college business degrees.

Autonomous vehicles are less than a decade away.  That will quickly take 3.5 million trucker jobs.

Wall Street has already lost 50,000 finance workers since 2000.

Same will be true for radiologists.

A living wage will have to be instituted, but that will only solve the financial problem.  What will people who do not have the skills needed in the future do?  Dire prediction of suicides, depression, and drug overdoses.

Waiting for government handouts is a poor alternative.  Workers need to understand technology developments and prepare for a very different future.

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