Automation impacting the future workforce

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The report comes from McKinsey and it is part of an evolving research project on the influence of new technology on the economy, business, employment, and society. The research assesses changing skills and forms of employment, as measure against core workplace skills across key European countries: France, Germany, Italy, Spain, and the United Kingdom, plus the U.S. The aim is to trend shifts over time and detect new patterns of working and types of employment. The rise of automation and the economic and employment effects divide opinion. According to PwC analysis, artificial intelligence, robotics and other forms of smart automation can deliver great economic benefits, perhaps contributing up to $15 trillion to global GDP by 2030. Alternative arguments indicate that deskilling of work is likely, a loss of jobs and a rise in unemployment. Indeed the Governor of the Bank of England, Mark Carney has warned of robots taking jobs leading to rise in the idea of Marxism and'labor process theory'.

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