Part 8/11:
While companies stand to benefit economically, the societal costs could be substantial. Millions of workers engaged in manual, repetitive jobs might find themselves displaced with limited options for retraining, especially if they are older or lack access to education.
On the flip side, new jobs are likely to emerge, particularly in robotics maintenance, programming, AI oversight, and system engineering. Nonetheless, there's a pressing concern about who will make the leap into these high-tech roles and how to support those left behind.
Quantifying the Impact: Napkin Math
Current U.S. workforce: 170 million jobs
McKinsey estimates: 60% of these jobs could have up to 30% of tasks automated