Smarter robots put 50% of jobs at risk

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Love your job? Enjoy it while it lasts. There’s a 50% chance you’re going to be sacked and replaced by a robot.

The Bank of England has warned that machines could take over 80 million American and 15 million British jobs over the next 10 to 20 years. That’s roughly 50% of the workforce in each country.

As computers become more sophisticated, they are putting jobs previously thought of as “humans only” at risk of automation, the bank’s chief economist Andy Haldane said.

“These machines are different,” Haldane said. “Unlike in the past, they have the potential to substitute for human brains as well as hands.”

The central bank has highlighted administrative, clerical and production workers as the most at risk of being replaced.

SOURCE: CNN

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