July 8, 2016

ABOVE AVERAGE IS OVER:

Where machines could replace humans--and where they can't (yet) (Michael Chui, James Manyika, and Mehdi Miremadi, July 2016, McKinsey Quarterly)

While automation will eliminate very few occupations entirely in the next decade, it will affect portions of almost all jobs to a greater or lesser degree, depending on the type of work they entail. Automation, now going beyond routine manufacturing activities, has the potential, as least with regard to its technical feasibility, to transform sectors such as healthcare and finance, which involve a substantial share of knowledge work.

These conclusions rest on our detailed analysis of 2,000-plus work activities for more than 800 occupations. Using data from the US Bureau of Labor Statistics and O*Net, we've quantified both the amount of time spent on these activities across the economy of the United States and the technical feasibility of automating each of them. The full results, forthcoming in early 2017, will include several other countries,1 but we released some initial findings late last year and are following up now with additional interim results.

Last year, we showed that currently demonstrated technologies could automate 45 percent of the activities people are paid to perform and that about 60 percent of all occupations could see 30 percent or more of their constituent activities automated, again with technologies available today. 

Posted by at July 8, 2016 4:11 PM

  

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