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The World Economic Forum expects automation and robots will eliminate 5.1 million jobs within the next five years. That’s a scary thought, especially if you have one of these jobs that could theoretically be done more efficiently (and for less cost) with an automated machine.
This interactive chart (shown below) from the McKinsey Global Institute is an impact model for how automation can potentially replace certain work fields based on the tasks usually associated with each job. The model, which uses data from the 2014 US Bureau of Labor Statistics, shows different occupation fields, their average wages, how many workers there are in the US, as well as how much of that occupation can be automated.
If you’re working in a highly automatable industry, like production, office and administrative support, or food prep, it wouldn’t hurt to start developing a second set of skills. At the same time, those in the tech, management, and medical fields have less to worry about for now. The robot uprising isn’t exactly taking over the world tomorrow, but it’s clear that automation will be making a large impact on the job industry in the near future. You can learn more about the data and analysis here.
Automation potential and wages for US jobs | McKinsey Global Institute via Fast Company
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