Robots are coming for your job

"Powerhouse consultancies like McKinsey & Co. forecast that 45% of today's workplace activities could be done by robots, AI or some other already demonstrated technology. Some professors argue that we could see 50% unemployment in 30 years.

Deniers of the scope and scale of this looming economic upheaval point hopefully to retraining programs, and insist that there always will be a need for people to build and service these machines (even as engineers are focused on developing robots that fix themselves or each other). They believe that such shifts are many decades away, even as noted futurist Ray Kurzweil, who is also Google's director of engineering, says AI will equal human intelligence by 2029. Deniers also talk about all the new jobs they assume will be created during this Fourth Industrial Revolution. Alas, a report from the 2016 World Economic Forum calculated that the technological changes underway likely will destroy 7.1 million jobs around the world by 2020, with only 2.1 million replaced."

Link here.