Within ten to twenty years, I estimate we will be technically capable of automating 40 to 50 percent of jobs in the United States. For employees who are not outright replaced, increasing automation of their workload will continue to cut into their value-add for the company, reducing their bargaining power on wages and potentially leading to layoffs in the long term. We’ll see a larger pool of unemployed workers competing for an even smaller pool of jobs, driving down wages and forcing many into part-time or “gig economy” work that lacks benefits.
