Millenials time to take note: Service companies are pushing hard for Automation, and it is expected to eliminate 25 million jobs by 2027, impacting IT sector, services and manufacturing industries, according to a recent study by researchers at Northwestern University. “Our analysis suggests that without changes to the current U.S. Labor laws, and tax system, a sizable fall in the costs of automation would lead to a massive rise in income inequality,” Forrester Research found.
Who will be impacted the most by automation?
The highest concentration of industrial robots occurs in the Midwest and Upper South of the U.S., according to data released in August by the Brookings Institution, a nonprofit public policy organization based in Washington, D.C. More than half of the nation’s 233,305 industrial population in 10 Midwestern and Southern states, led by Michigan (28,000 robots or 12% of total number), Ohio (20,400 or 8.7%), and Indiana (19,400 or 8.3%). The entire West accounts for just 13% of the nation’s industrial robots.
Posted by @PCo2RUM-nee, bumped for being on point.