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Automation and the Future of Work

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Automation and the Future of WorkWorld Economic Forum

In late 2017, the McKinsey Global Institute estimated that automation and other new technology could mean that 375 million people around the world will need to change occupations to avoid being completely put out of work by machines. Many more millions of people will in some way be displaced by automation.

Other research has suggested the impact won’t be equal. There’s a risk that gender and racial inequality will be exacerbated by automation, as women and some ethnic minority groups are more likely to work in the lower-skilled jobs that are susceptible to automation, according to the Institute for Public Policy Research.

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