Am I the only one worried about being replaced by a Robot?
On Monday, the Bank of England put out a new report, contending that machines might take over 80 million American and 15 million British jobs over the next 10 to 20 years, or 50% of the workforce in each of the two countries:
Yikes! Here are a few links that tee up the issue:
- Wired – Rise of the Machines: The Future has Lots of Robots, Few Jobs for Humans
- Quartz – Robots are taking our white collar jobs, too
On the investment side – there will be money to be made – here is a very good article from Barron’s highlighted where companies like Google (I can’t get used to calling them Alphabet) and Amazon are investing in Robots and Artificial Intelligence:
I am not really concerned for myself – but I am trying to get my head around this issue – so I can give my kids solid advice before they go to college. OK – need to end on a positive note:
- R.E.M. – It’s The End Of The World
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