The AI revolution will change work but nobody agrees how
In 2013, researchers at Oxford University published a startling number about the future of work: 47% of all US jobs, they estimated, were “at risk” of automation “over some unspecified number of years, perhaps a decade or two.”
But a decade later, unemployment in the country is at record low levels. The tsunami of grim headlines back then – like “The Rich and Their Robots Are About to Make Half the World’s Jobs Disappear” – looks wildly off the mark.
But the study’s authors say they didn’t actually mean to suggest doomsday was near. Instead, they were trying to describe what technology was capable of.