By 2030, robots will take away more than a third of jobs from Americans - ForumDaily
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By 2030, robots will take away more than a third of jobs from Americans

Photo: depositphotos.com

Photo: depositphotos.com

Millions of workers around the world are at risk of giving up their jobs to robots, but Americans should be most worried about it, writes CNN.

38% of jobs in the US are at risk and can be replaced by robots and artificial intelligence over the next 15 years, according to a new report PwC.

At the same time, about 30% of jobs in the UK are also at risk. The risk level in Japan is 21%.

The labor market in the USA and the UK is dominated by services and about the same proportion of workers are employed in key sectors, including finance, transport, education, manufacturing, and food services.

But in PwC found significant differences in the nature of the work done within these sectors, explaining why more and more US jobs are under threat.

Take financial services as an example. In the US, 61% of jobs in the sector are at high risk of being lost to robots, while in the UK it is 32%.

John Hawksworth, Chief Economist PwC in the UK, says many workers in the US financial sector are focused on domestic retail operations. The UK financial sector, meanwhile, is paying much more attention to international financial and investment banking services.

Risk workers in the US "will do more routine tasks that are easier to automate than, say, an investment banker in London," Hawksworth said.

Changing the workforce will create more jobs in the future, but they are more likely to work for more skilled workers, the economist said.

Expect a "restructuring of the labor market," he said, noting that the level of employment in many large countries is still quite high, despite the invasion of robots.

People working in education, health and social work are least at risk of being replaced, said PwC.

“Creative and critical thinking will be highly valued,” said John Andrews, head of technology and investment at PwC.

At the same time, the authors warn that more robots can mean more social inequality.

Workers who develop and produce robots and have additional skills to work with artificial partners will earn more. Others may fall behind.

“The gap between rich and poor could become even wider,” Hawksworth said.

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