Federal report: AI could threaten up to 47 percent of jobs in two decades

Enlarge / Semi-automated trucks are driven on the E19 highway in Vilvoorde, Belgium, on April 5, 2016 as part of the ‘EU Truck Platooning Challenge 2016.’ (credit: ERIC LALMAND/AFP/Getty Images)

This week, scientists and economic advisers to President Obama released a report on artificial intelligence, including the effects of automation on the US job market and economy. While the report notes the significant potential for wealth gains from increased productivity due to AI, it also warns of threats to existing jobs and an exacerbation of the wage inequality between lower-skilled, less-educated workers and those with higher skills.

In recent decades, automation has already claimed occupations such as those of switchboard operators, filing clerks, travel agents, and assembly line workers, and it is now on the cusp of replacing driving-related occupations such as taxi and Uber drivers. Automation will probably move into the trucking industry within a decade (3.8 million US jobs are related to driving). Some fast food restaurants are also experimenting with kiosks and automated ordering systems.

Estimates vary for how quickly automation will disrupt the US job market. The report cites two different attempts to predict the rate of automation. Optimistically, researchers at the Organization for Economic Cooperation and Development found that many occupations are likely to change as some of their associated tasks become automated but not go away entirely. They estimate that only 9 percent of jobs are at risk in the next decade or two. However a separate analysis by Carl Frey and Michael Osbourne, which asked a panel of experts on AI to classify occupations by how likely automation would be to replace them, found that 47 percent of US jobs are at risk.

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Source: Ars Technica – Federal report: AI could threaten up to 47 percent of jobs in two decades