Thursday 13 April 2017

A growing number of people think their job is useless. Time to rethink the meaning of work.

A growing number of people think their job is useless. Time to rethink the meaning of work.

A great deal has been written in recent years about the perils of automation. With predicted mass unemployment, declining wages, and increasing inequality, clearly we should all be afraid. By now it’s no longer just the Silicon Valley trend watchers and technoprophets who are apprehensive. In a study that has already racked up several hundred citations, scholars at Oxford University have estimated that no less than 47% of all American jobs and 54% of those in Europe are at a high risk of being usurped by machines.

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