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Reply to "Bain - 20-25% of jobs automated in 12 years"
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[quote=Anonymous]http://www.bain.com/publications/articles/labor-2030-the-collision-of-demographics-automation-and-inequality.aspx [quote]By the end of the 2020s, automation may eliminate 20% to 25% of current jobs, hitting middle- to low-income workers the hardest. As investments peak and then decline—probably around the end of the 2020s to the start of the 2030s—anemic demand growth is likely to constrain economic expansion, and global interest rates may again test zero percent. Faced with market imbalances and growth-stifling levels of inequality, many societies may reset the government's role in the marketplace.[/quote] Long report but it mirrors waht McKinsey said. We are in for some huge upheavals politically[/quote]
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