More than 40 per cent of the Canadian workforce is at high risk of being replaced by technology and computers in the next two decades, according to a new report out Wednesday.
The Brookfield Institute for Innovation + Entrepreneurship at Toronto’s Ryerson University said in its report that automation previously has been restricted to routine, manual tasks. However, breakthroughs in artificial intelligence and advanced robotics now means that automation is moving into “cognitive, non-routine tasks and occupations, such as driving and conducting job interviews.”
Source: CBC News
Date: September 1st, 2017
Link to article and video: http://www.cbc.ca/news/business/automation-job-brookfield-1.3636253
1) How might this news impact your choice of career?
2) A famous economist called Schumpeter coined the phrase “creative destruction” wherein “process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one”. What sort of new jobs are created through the process of automation?