PwC Report Indicates Third of US Jobs Could be at ‘High Risk’ from Robotics and AI

Published by , March 26, 2017 6:15 pm

(LATimes) A Pricewaterhouse Coopers report released last week indicate that more than a third of U.S. jobs could be at “high risk” of automation by the early 2030s compared with 30% in Britain, 35% in Germany and 21% in Japan. The analysis emphasized that its estimates are based on the anticipated capabilities of robotics and artificial intelligence, and that the pace and direction of technological progress are “uncertain.”  The report highlights several economic, legal and regulatory hurdles that could prevent automation, even in jobs where it would be technologically feasible. The cost of robots — including maintenance and repairs — could still be too expensive compared with human workers. And in the case of self-driving vehicles, questions remain about who is liable in an accident.
The main reason is not that the U.S. has more jobs in sectors that are universally ripe for automation, the report says; rather, it’s that more U.S. jobs in certain sectors are potentially vulnerable than, say, British jobs in the same sectors. For example, the report says the financial and insurance sector has much higher possibility of automation in the U.S. than in Britain. That’s because, it says, American finance workers are less educated than British ones.