Why the Next Wave of Automation May Replace Your Boss – It’s all about Data

Brain Gain: How Innovative Cities Create Job Growth in an Age of Disruption, ever-smarter robots and software have a long history of replacing people at work. It began in factories in the Industrial Age and continued in offices in the Information Age. Bosses keep doing the arithmetic. When the cost of a machine that can do a person’s job falls low enough, buying the machine makes more sense than paying the salary. It is this trend, taking place decade after decade, that has eroded a middle class built on low-skilled jobs and is making the creation of a knowledge-based workforce a matter of survival for communities in developed and developing nations.

McKinsey’s surprising prediction is that, in coming years, smart machines will invade the executive suite. Much of the work of bosses, including that dismal arithmetic, will be automated.

By Robert Bell

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