Powerful new technologies including automation, robotics, and artificial intelligence are increasing productivity, improving lives and reshaping our world.
But what happens to our jobs? The McKinsey Global Institute’s latest report, “Jobs lost, jobs gained: Workforce transitions in a time of automation,” assesses the number and types of jobs that might be created under different scenarios through 2030 and compares that to the jobs that could be lost to automation.
The results reveal a rich mosaic of potential shifts in occupations in the years ahead, with important implications for workforce skills and wages.
The key finding is that while there may be enough work to maintain full employment to 2030 under most scenarios, the transitions will be very challenging—matching or even exceeding the scale of shifts out of agriculture and manufacturing we have seen in the past.