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Robots Are Preparing to Fill 200,000 Vacant Construction Jobs

#artificialintelligence

Automation has long been considered the harbinger of future unemployment, and experts have predicted that the widespread adoption of artificially intelligent (AI) software and smart machines could lead to thousands or even millions of people losing their jobs. However, that may not be the case in the construction industry. According to a report released by McKinsey & Company earlier this year, the world of construction suffers from productivity levels that haven't really gone up much since 1945. The report also showed that 98 percent of huge construction projects end up going over budget and that the industry has proven resistant to technological upgrades. Furthermore, data from the Bureau of Labor Statistics shows that almost 200,000 construction jobs were unfilled in the United States alone as of February 2017.