Scott Rasmussen's Number of the Day for November 20, 2018
The Number of the Day columns published on Ballotpedia reflect the views of the author.
November 20, 2018: Over the next decade or so, “up to 375 million workers, or 14 percent of the global workforce, may need to change occupations” because of artificial intelligence (AI). A McKinsey Global Institute (MGI) study adds that “virtually all workers may need to adapt to work alongside machines in new ways.”[1]
In the United States, most expect the benefits to outweigh the costs. While 41% of voters worry that AI and automation will lead to mass unemployment, 59% believe the advancing technology will create new types of jobs and provide good opportunities for workers.
The MGI report supports the notion that these transitions will be positive on balance. It suggests that AI could generate a net increase of $13 trillion to the global economy by 2030.
Still, while the economic growth will be significant, the overall impact will be disruptive to many countries, firms, and workers. The Wall Street Journal notes that “there will likely be considerable costs associated with managing labor-market transitions, especially for workers being left behind by AI technologies.”[2]
MGI says that “the category with low digital skills and repetitive tasks” will decline “from 43 percent of jobs in the global economy currently to 32 percent by 2030.”
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- November 19, 2018 – 55 potential candidates for Democratic presidential nomination
- November 16, 2018 – 4 consecutive U.S. presidents have lost Congress during their term
- November 15, 2018 – 5 percent of Americans have finished their holiday shopping
- November 14, 2018 – 3 statewide recounts have overturned Election Day results this century
- November 13, 2018 – 60 percent of U.S. exports come from manufacturing sector
- To see other recent numbers, check out the archive.
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Columns published on Ballotpedia reflect the views of the author.
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