Study: Automation May Kill 10% Of US Jobs Next Year

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As many as 10% of U.S. jobs could be lost to automation next year, according to a new study by Forrester Research.

Americans likely will lose about 10 percent of jobs to automation next year, according to a new study, and automation will also create the equivalent of 3 percent of today’s jobs.

Venture Beat reported that these are some of the key takeaways from two surveys published by Forrester Research (“Predictions 2019: Automation” and “Predictions 2019: Artificial Intelligence”), which look at the implications of artificial intelligence (AI), robotic process automation (RPA) and business process management for companies and workers in the near future.

> The firm predicts that, on the whole, the effects will be largely positive but cautions that the march toward adoption won’t be without the occasional bump in the road.

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> The competition for AI talent will remain fierce — according to Forrester’s research, two-thirds of executives struggle to find and acquire AI talent. That aligns with a recent survey conducted by Deloitte, which found that enthusiasm for AI and automation — plus a strong desire among executives to “catch up with their rivals” — is contributing to an annual global growth rate in AI-as-a-service solutions of 48.2 percent. Deloitte pegs the cognitive technologies market at $19.1 billion globally.

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> Automation — i.e., RPA, AI, and physical robots — will play a transformative role in enterprise, Forrester predicts. Jobs lost to automation won’t drive up the unemployment rate — instead, they’ll contribute to a “better employee experience” by taking “rote tasks” off of human workers’ plates.

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> The path to automation won’t be easy, Forrester cautions. Change management, unpredictability, control, auditing, security issues, and other complicating factors will rear their ugly heads in rollouts throughout the next year.

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