Future economy: Many will lose jobs to computers

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Want a secure job in the future? Don't compete with software.

Those who don't possess such skills face a nearly-50 percent chance of having their occupations replaced by automation, according to two University of Oxford professors who studied technology's impact on employment over the last 500 years. The career fields seen losing the most jobs include not just relatively low-skilled occupations such as telemarketing and retail sales, but also high-paying positions now held by accountants, auditors, budget analysts, technical writers and insurance adjusters, among others. All of those jobs face at least an 85 percent chance of being automated, say Carl Benedikt Frey and Michael Osborne in their 2013 paper, "The Future of Employment: How Susceptible are Jobs to Computerisation?" The jobs most at risk all have one thing in common: they're in occupations "mainly consisting of tasks following well-defined procedures that can easily be performed by sophisticated algorithms," the pair wrote. The jobs that will persist in the future include those that either take advantage of uniquely-human traits -- such as manual dexterity, creativity and emotional intelligence -- or that improve the lives of other humans directly in a face-to-face setting.


Future economy: Many will lose jobs to computers