Tech CEOs and politicians alike have issued grave warnings about the capability of automation, including AI, to replace large swaths of our current workforce. But the people who actually study this for a living -- economists -- have very different ideas about just how large the scale of that automation will be. For example, researchers at Citibank and the University of Oxford estimated that 57 percent of jobs in OECD countries -- an international group of 36 nations including the U.S. -- were at high risk of automation within the next few decades. In another well-cited study, researchers at the OECD calculated only 14 percent of jobs to be at high risk of automation within the same timeline. That's a big range when you consider this means a difference of hundreds of millions of potential lost jobs in the next few decades.

Tech CEOs and politicians alike have issued grave warnings about the capability of automation, including AI, to replace large swaths of our current workforce. But the people who actually study this for a living -- economists -- have very different ideas about just how large the scale of that automation will be. For example, researchers at Citibank and the University of Oxford estimated that 57 percent of jobs in OECD countries -- an international group of 36 nations including the U.S. -- were at high risk of automation within the next few decades. In another well-cited study, researchers at the OECD calculated only 14 percent of jobs to be at high risk of automation within the same timeline. That's a big range when you consider this means a difference of hundreds of millions of potential lost jobs in the next few decades.

MAYBE robots won't take all our jobs after all. The risk of jobs being handed over to artificial intelligence is a lot lower than previously forecast, according to an OECD report. In 2013, an influential University of Oxford study warned that nearly half of all US jobs and 35 per cent of UK ones were at "high risk" of automation over the next 20 years. The new OECD report says it is more like 10 per cent of jobs in the US and 12 per cent of those in the UK that are under threat.