Fourth Industrial Revolution: Robots, Artificial Intelligence Will Destroy 5.1 Million US Jobs by 2020

Economics / Technology Jan 23, 2016 – 10:26 PM GMT By: Mike_Shedlock Fourth Industrial Revolution Coming A new study on the “Future of Jobs” by the World Economic Forum at Davos claims a Fourth Industrial Revolution is Coming. The Fourth Industrial Revolution includes developments artificial intelligence, robotics, nanotechnology, 3-D printing, genetics, and biotechnology. Although no industrial revolution has ever destroyed jobs, the study concludes a net 5.1 million jobs will vanish in the world’s 15 leading countries. Those countries account for roughly two-thirds of the global workforce. The report is a 167 page PDF slog. Here are a couple of tables I created from the report data. Job Family Losers Job Family Losers Job Losses in Thousands Office and Administrative 4,759 Manufacturing and Production 1,609 Construction and Extraction 497 Arts,…


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