Originally posted on Fortune:
For years now, some researchers have been anticipating that robots would take away jobs from humans. In the UK, Deloitte and the University of Oxford predicted that 10 million unskilled jobs could be taken over by robots. University of Oxford researchers Carl Benedikt Frey and Michael Osborne estimated in 2013 that 47 percent of total U.S. jobs could be automated and taken over by computers by 2033.
Some experts say not to worry because technology has always created new jobs while eliminating old ones ones, displacing but not replacing workers. But lately, as technology has become more sophisticated, the drumbeat of worry has intensified. “What’s different now?” asked Leigh Watson Healy, chief analyst at market research firm Outsell. “The pace of technology advancements plus the big data phenomenon lead to a whole new level of machines to perform higher level cognitive tasks.” Translated: the old formula of creating more…
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