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March 26, 2017 12:00 pm

US Workers Face A Higher Risk Of Being Replaced By Robots

There's a surprising prediction for the next 15 years from the world's second largest professional services firm. An anonymous reader quotes CNN:Millions of workers around the world are at risk of losing their jobs to robots -- but Americans should be particularly worried. Thirty-eight percent of jobs in the U.S. are at high risk of being replaced by robots and artificial intelligence over the next 15 years, according to a new report by PwC. Meanwhile, only 30% of jobs in the U.K. are similarly endangered. The same level of risk applies to only 21% of positions in Japan. 61% of America's financial service jobs "are at a high risk of being replaced by robots," according to the article, vs. just 32% of the finance jobs in the U.K. (Those U.S. finance jobs tend to be "domestic retail operations" like small-town bank tellers, whereas U.K. finance jobs concentrate more in international finance and investment banking.) The firm's chief economist sees a world where new jobs are more likely to go to higher-skilled workers, and he ultimately predicts "a restructuring of the jobs market... The gap between rich and poor could get even wider."

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