Automation will lead to mass redeployment, not mass unemployment. A large proportion of tasks are susceptible to automation, but a much smaller proportion of jobs. And the changes will play out over decades, not years.
James Manyika, Michael Chui, Mehdi Miremadi, Jacques Bughin, Katy George, Paul Willmott, and Martin Dewhurst – McKinsey
Also an interesting case study in (mis)reporting. I came across this through an article about it on the World Economic Forum site, under the headline, ‘Nearly half of current jobs could be automated by 2055, according to a new report’. What the report actually says is half of all ‘work activities’ could be automated by then, which isn’t at all the same thing.