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RE: Technological Unemployment: Down The Road It Wont Be Hard To Find A Parking Spot On Wall Street
Many jobs are and will be subject to automation. It is not anymore about low wage and low skills jobs.
There are already a few companies using effectively AI for trading, assisting for legal document research and other kind of tasks.
It will be the mostly cost effective on anything that is mainly manipulating information: accounting for instance.
There is this interesting and "sad" (because it is already a bit true) book about this subject:
Rise of the Robots: Technology and the Threat of a Jobless Future by Martin Ford
It is happening before our eyes yet people still deny that it is taking place.
They simply do not believe this time is different.
Yes I do agree, many people do not understand the outcomes and they don't like to receive this kind of "bad" message: "you know this job you are doing will not exist anymore sooner than you think".
It is similar on some aspects to "regular" outsourcing while being quiet worse on the long term for the economy of a given country, and also the set of external dependencies that it creates.