Tech May Replace Half of All Low-Skilled Jobs in the U.S.
July 17th, 2017Via: CBS:
Ball State University sits in Muncie, Indiana, at the heart the “Rust Belt,” so educators there have the right to be pessimistic about the drift of the U.S. economy. But a report by the school’s Center for Business and Economic Research goes even further.
“We found a toxic brew,” said CBER Director Michael Hicks. “Automation is likely to replace half of all low-skilled jobs, and roughly one in four of all American jobs are at risk from foreign competition in coming years.”