Name: Jiaqian Liu
Mentor: Christine Farias
Abstract: As the development of automation advances the quality of some aspects of our lives, it raises concerns that it could impact many occupations as well. Many jobs in the agricultural, services and manufacturing sectors are expected to be gradually replaced by automation and robotics. Moreover, low-education and low-skilled workers are facing increasing risks of unemployment. Statistics show that 43 percent of jobs in manufacturing, 40 percent of jobs in retail, 38 percent of jobs in telemarketing, 37 percent of jobs in data entry in the US alone are at risk of being replaced by automation . What can people do to face the challenges that automation brings in the future? To answer this question my presentation will attempt to examine the composition of jobs, the automation potential, costs and benefits of automation and possible future job displacement in various occupations due to automation. My research is based on studies and reports from McKinsey Global Institute, International Labor Organization, U.S. Bureau of Labor Statistics, Business Insider, and other sources. My analysis will explore and analyze the positive and negative impacts on the future of work and will make recommendations for the United States economy.
