Innovation now disrupts 5X more jobs annually (but there is good news)


Artificial intelligence, robotics, and automation is disrupting between 5 and 10% of jobs annually, according to Julia Lamm, a partner at PriceWaterhouseCoopers.

That’s a 5X jump from traditional levels of 1-2%.

The result?

“30% of jobs are are high risk of displacement by 2030,” Lamm said at TechBeach Retreat in Jamaica. “55% of people are worried automation or other innovation will take their job away.”

Lamm was talking about the future of work, an ongoing concern in a world where upwards of 40% of all jobs are projected to be at risk of automation. And where AI is projected to impact 500 million jobs globally in the next five years.

The good news is that 74% of people are willing to be “reskilled,” Lamm said.

Get the full story in my post at Forbes …