McKinsey: Automation May Wipe Out 1/3 of America’s Workforce by 2030

[Missouri_Mike]

Well you can't force them to give you a paycheck either. So once you have decided you'd rather be worthless to your employer where do you expect to be?

I expect to be right where I am, at the top level of the Department's Progression Roster for the next 30 years. My Union dues ensure that I can only be fired for cause, not because I refuse to bid on a non-progression "Senior" level job that i don't want.

And you're why unions are dying off.

 

[Missouri_Mike]

You aren't doing the humans any favors when you spell That's as thsts or than as thsn. Just saying.

Large fingers. Small phone keyboard. It's a bad combo.

Been there done that.

 

[Harpy Eagle]

The Bachelors is required, the Master's was a bonus but for me a lot of the required courses I needed were done via my Master's program.

I am a Survey Statistician and my Bachelors was just basic business so I did not have enough math/stats class. My Masters is in Analytics, so it was pure stats/math.

Thank You. Would a Bachelors in Analytics it Statistics have been enough?

Yes, a bachelor's with the required hours of math or stats would be enough for where I am (I work for Uncle Sam). But I will also point out that I still get inquiries from recruiters via LinkedIn and to get anything other than entry level a Master's is required.

 

[HenryBHough]

Given American schools emphasis on Democrat Party Indoctrination far beyond that accorded to engineering or any scientific disciplines? Yup. We're going to have to import educated people from India to keep the factories stamping out goods to be distributed to a generation of American drones kept alive by government rations. That's why Nutty Old Uncle Bernie's "universal income" has so much appeal these days.

 

[Anathema]

And you're why unions are dying off.

I have no interest in Supervisory, Analytical or Bureaucratic work. The Senior level job requires all three, along with computer programmng skills I don't have or want. I'm perfectly happy being a worker bee, making my money and doing my job to the best of my ability 40 hours a week, thsnk you very much.

Explain to me what is wrong with that philosophy?

 

[sakinago]

The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.

McKinsey: automation may wipe out 1/3 of America’s workforce by 2030

In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.

The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.


Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.



Read this, too: https://economics.mit.edu/files/12763

Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.



Read this: http://conexus.cberdata.org/files/MfgReality.pdf

"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”



Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.


When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.

We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.


Back to Axios:

• The transition compares to the U.S. shift from a largely agricultural to an industrial-services economy in the early 1900s forward. But this time, it's not young people leaving farms, but mid-career workers who need new skills. "There are few precedents in which societies have successfully retrained such large numbers of people," the report says, and that is the key question: how do you retrain people in their 30s, 40s and 50s for entirely new professions?

Wake up, America. You're children are being robbed of a future by elected hucksters.

I think we need to rethink the way we earn. Perhaps government intervention is necessary...but in the smallest form. Not the, let’s just create a universal income, type of way. No, if you thought you’ve seen the “wage gap” now, wait until automation. It’s going to be the very few that can afford industrial/commercial robotics, vs everyone else.

What I propose, is that we protect against the monopoly of labor. To do so, I suggest is that we create a law that a company/Corp/LLC/whatever, can only own say 5 automated devices (auto driving trucks/cars/vehicle, drones, assistive robots, industrial robots, self checkout machines, etc.), the rest they must rent from citizens who privately own these devices. It will still be cheaper, more productive, than a human employee, but regular people can still find income owning a self driving car, or a few delivery drones, or whatever. And I suggested the number 5, to not discourage the entrepreneurial spirit, say if someone wanted to start a trucking company for themselves, they could start with 1 and own up to five.

There’s a lot of unknown coming. Politicians on both sides are failing us. As well as our entire education system from top to bottom. Our public schools are just creating unimaginative good little worker bees for jobs that won’t be there, with skills they will have no use for. And our colleges are just squeezing every dime out of our youth that they can, and selling them snake oil degrees also for jobs that just don’t exist.

 

[NYcarbineer]

Go to a four day work week for full time employees is a good start.

 

[HappyJoy]

Time to think about 30 hour work weeks.

The amount of value created by a single worker is much greater than a worker of the past, but our wages are not reflecting that.

I would be first in line for that puppy! Give me 3 10 hour days and I am golden!

There is a flip side we also have to implement.

We are living longer, we should be working longer. Common sense.

Social Security and Medicare eligibility age needs to be changed to 70, indexed to 9 percent of the population.

The American average lifespan is only 78. I don't see a benefit to raising the age of retirement to 70, especially if there are fewer jobs due to automation, I don't see how someone who is 65, less productive really stands a chance in the workforce.

 

[Moonglow]

That's okay I'll be 70 then I will have started a new carrier as a pimp for hooker bots...

 

[Harpy Eagle]

Your thread reminded me of this book I read a few years back...

The Coming Jobs War

"
What everyone in the world wants is a good job.

In a provocative book for business and government leaders, Gallup Chairman Jim Clifton describes how this undeniable fact will affect all leadership decisions as countries wage war to produce the best jobs.

Leaders of countries and cities, Clifton says, should focus on creating good jobs because as jobs go, so does the fate of nations. Jobs bring prosperity, peace, and human development -- but long-term unemployment ruins lives, cities, and countries.

Creating good jobs is tough, and many leaders are doing many things wrong. They're undercutting entrepreneurs instead of cultivating them. They're running companies with depressed workforces. They're letting the next generation of job creators rot in bad schools.

A global jobs war is coming, and there's no time to waste. Cities are crumbling for lack of good jobs. Nations are in revolt because their people can't get good jobs. The cities and countries that act first -- that focus everything they have on creating good jobs -- are the ones that will win.

 

[g5000]

This is exactly why I hate unions. They are an impediment to progress.

The meter readers need to move on and get new jobs.

This is where our education system needs to step in.

So in your world we put 800 or so entry-level employees out on the street with nothing to support themselves on and thsts the fault of the employer or the education system in your mind?

More efficiency means cheaper electricity. But you want everyone to pay higher electric bills so your fat ass can ride around in a van.

 

[g5000]

Wake up, America. You're children are being robbed of a future by elected hucksters.

No. They're being robbed of their future by corporate penny pinchers more interested in their bottom line thsn in loyalty to the nation they do business in.

Completely wrong. It is the fault of those workers who are so dumb that they cannot see that a job you can do without training, is a job a machine can do better and more quickly. There are about 6 million technical jobs going begging. My company has a billboard up on a major highway advertising for skilled tradesmen. We simply cannot fill the positions we have. And most skilled people there make 100K or better a year. A corporation has to make money for it's investors. That means keeping production high, and it's prices for it's products as low as possible. At the same time, also delivering a quality product.

When a politician like the treasonous fat senile old orange clown says to coal miners, I will get your jobs back, and they refuse free training for technical jobs, then that politician is creating a real problem, and the workers are dumb fucks for not seeing the lie.

Bingo. Hi-tech jobs are rarely unionized since the necessary skills are in high demand and the worker has leverage.

It's the outdated, low-skilled jobs that need unions to impede progress.

 

[g5000]

I have no interest in going back to get a r year degree or refresh my skills.

Then that's on you.

 

[g5000]

The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.

McKinsey: automation may wipe out 1/3 of America’s workforce by 2030

In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.

The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.


Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.



Read this, too: https://economics.mit.edu/files/12763

Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.



Read this: http://conexus.cberdata.org/files/MfgReality.pdf

"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”



Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.


When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.

We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.


Back to Axios:

• The transition compares to the U.S. shift from a largely agricultural to an industrial-services economy in the early 1900s forward. But this time, it's not young people leaving farms, but mid-career workers who need new skills. "There are few precedents in which societies have successfully retrained such large numbers of people," the report says, and that is the key question: how do you retrain people in their 30s, 40s and 50s for entirely new professions?

Wake up, America. You're children are being robbed of a future by elected hucksters.

That's all just an excuse for a government take-over of the means of production.

It will happen slowly, and most of those jobs will be replaced incrementally. It's not going to be a sudden 20% unemployment spike. This is another "sky is falling" boogieman from the communist left in an effort to become a socialist nation.

What the hell are you talking about!?!

 

[Wry Catcher]

The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.

McKinsey: automation may wipe out 1/3 of America’s workforce by 2030

In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.

The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.


Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.



Read this, too: https://economics.mit.edu/files/12763

Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.



Read this: http://conexus.cberdata.org/files/MfgReality.pdf

"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”



Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.


When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.

We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.


Back to Axios:

• The transition compares to the U.S. shift from a largely agricultural to an industrial-services economy in the early 1900s forward. But this time, it's not young people leaving farms, but mid-career workers who need new skills. "There are few precedents in which societies have successfully retrained such large numbers of people," the report says, and that is the key question: how do you retrain people in their 30s, 40s and 50s for entirely new professions?

Wake up, America. You're children are being robbed of a future by elected hucksters.

Spot on! Trump promised to put coal miners back in the ground, HRC wanted to train them for 21st jobs (build and maintain robots to explore mine shafts, possibly).

 

[g5000]

The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.

McKinsey: automation may wipe out 1/3 of America’s workforce by 2030

In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.

The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.


Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.



Read this, too: https://economics.mit.edu/files/12763

Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.



Read this: http://conexus.cberdata.org/files/MfgReality.pdf

"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”



Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.


When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.

We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.


Back to Axios:

• The transition compares to the U.S. shift from a largely agricultural to an industrial-services economy in the early 1900s forward. But this time, it's not young people leaving farms, but mid-career workers who need new skills. "There are few precedents in which societies have successfully retrained such large numbers of people," the report says, and that is the key question: how do you retrain people in their 30s, 40s and 50s for entirely new professions?

Wake up, America. You're children are being robbed of a future by elected hucksters.

You're delusional if you believe all these displaced workers can be trained to write code.

We transitioned from 90 percent farmers to less than 2 percent farmers.

You are the reason politicians lie to us. Because you don't want to do what's hard. You want easy lies.

 

[HappyJoy]

The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.

McKinsey: automation may wipe out 1/3 of America’s workforce by 2030

In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.

The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.


Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.



Read this, too: https://economics.mit.edu/files/12763

Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.



Read this: http://conexus.cberdata.org/files/MfgReality.pdf

"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”



Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.


When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.

We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.


Back to Axios:

• The transition compares to the U.S. shift from a largely agricultural to an industrial-services economy in the early 1900s forward. But this time, it's not young people leaving farms, but mid-career workers who need new skills. "There are few precedents in which societies have successfully retrained such large numbers of people," the report says, and that is the key question: how do you retrain people in their 30s, 40s and 50s for entirely new professions?

Wake up, America. You're children are being robbed of a future by elected hucksters.

Spot on! Trump promised to put coal miners back in the ground, HRC wanted to train them for 21st jobs (build and maintain robots to explore mine shafts, possibly).

I don't think either really had a solution. I doubt there would be a need for the same amount of high tech jobs as we once had miners. Usually the higher up the pay scale the fewer jobs there are.

 

[MarathonMike]

I agree that technology is going to eliminate many repetitive labor time jobs. I don't believe it is the fault of politicians. They will need to start figuring out what the heck you do with 15 to 20% unemployment.

i will be 134 years old by then, so it wont affect me

Don't be too sure about that. I don't think it will be in the next 10 years but in the next 50? Oh yeah.

 

[Jarlaxle]

Time to think about 30 hour work weeks.

The amount of value created by a single worker is much greater than a worker of the past, but our wages are not reflecting that.

I would be first in line for that puppy! Give me 3 10 hour days and I am golden!

There is a flip side we also have to implement.

We are living longer, we should be working longer. Common sense.

Social Security and Medicare eligibility age needs to be changed to 70, indexed to 9 percent of the population.

It is already 67 for me

Hi, youngster. LOL I am 74, and still working as a millwright in a steel mill. Still doing 4 day rotating shifts, 12 hour shifts, occasionally working 5 and six day shifts. Because we cannot get the skilled help we need. Not enough qualified millwrights, not enough electricians, and not enough automation people.

There are plenty...just outsource to China.

 

[g5000]

Time to think about 30 hour work weeks.

The amount of value created by a single worker is much greater than a worker of the past, but our wages are not reflecting that.

I would be first in line for that puppy! Give me 3 10 hour days and I am golden!

There is a flip side we also have to implement.

We are living longer, we should be working longer. Common sense.

Social Security and Medicare eligibility age needs to be changed to 70, indexed to 9 percent of the population.

The American average lifespan is only 78.

Which is 18 years longer than when Social Security was established.

We are living DECADES longer. We should be working longer. Common sense.

I don't see a benefit to raising the age of retirement to 70, especially if there are fewer jobs due to automation, I don't see how someone who is 65, less productive really stands a chance in the workforce.

The 65 year old of today is healthier than the 65 year old of 1935.

We are living longer, we should be working longer. Common. Fricking. Sense.