Rise of the robots

  • World Economic Forum
  • Willcocks L
  • Craig A
 et al. 
  • 4

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Abstract

We examine how susceptible jobs are to computerisation. To as-sess this, we begin by implementing a novel methodology to estimate the probability of computerisation for 702 detailed occupations, using a Gaussian process classifier. Based on these estimates, we examine ex-pected impacts of future computerisation on US labour market outcomes, with the primary objective of analysing the number of jobs at risk and the relationship between an occupation's probability of computerisation, wages and educational attainment. According to our estimates, about 47 percent of total US employment is at risk. We further provide evidence that wages and educational attainment exhibit a strong negative relation-ship with an occupation's probability of computerisation.

Author-supplied keywords

  • Accessibility
  • Artificial
  • Automated
  • Binary Code
  • Business
  • Cloud Computing
  • Computer
  • Computer Keyboard
  • Computer Network
  • Cyborg
  • Digital technology
  • Digitalisierung
  • E-commerce
  • Employment
  • Futuristic
  • Generation Y -- Attitudes
  • Globalization
  • Imitation
  • Industrie 4.0
  • Internet
  • Labor supply
  • Laptop
  • MANAGEMENT
  • Machinery
  • Netbook
  • Occupational Choice
  • Opportunity
  • Robot
  • Robot Arm
  • Science
  • Skill Demand
  • Strukturwandel
  • Szenario
  • Szenario-Rechnung
  • Technological Change
  • Technology
  • Virtual Store
  • Wage Inequal-ity
  • www

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Authors

  • World Economic Forum

  • Leslie P. Willcocks

  • Andrew Craig

  • OECD

  • Marc Ingo; Wolter

  • Anke; Mönnig

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