Artificial Intelligence: Will AI Take Our Jobs? - Leaders League

As different institutions and firms have conflicting analyses and forecasts there is no short answer, nor a unique one even because of differing assumptions and huge uncertainty about the future. A widely circulated paper published in 2013 by Carl Benedikt Frey and Michael Osborne from Oxford University estimated that 47% of jobs in the US was at risk from automation; whereas a report issued by the OECD in 2016 concluded that across 21 of its member-countries, on average only 9% of jobs could be automated. Meanwhile, the World Economic Forum also reported its estimates: automation and technological advancements could lead to a total loss of 7.1 million and a total gain of two million jobs. The conventional view is that routine office and factory work is most vulnerable to automation. However, the findings of the McKinsey Global Institute's report on automation, employment and productivity are more nuanced: a detailed analysis of 2,000 work activities for over 800 occupations on the US labor market revealed that even the highest-paid occupations, including physician and senior executive, have a significant amount of activity that can be automated.