Job automation fears are overstated - OECD

Apr. 01, 2018 10:14 AM ETBy: SA Eli Hoffmann, SA News Editor37 Comments
  • Only 14% of jobs in OECD countries are ‘highly automatable,’ the think-tank says in a new paper. This is far fewer than an earlier report by Oxford academics Carl Frey and Michael Osborne who shocked policy makers in 2013 by suggesting 47% of U.S. jobs are at high risk of being automated.
  • Instead of “massive technological unemployment,” key risks are of “further polarisation of the labour market” between highly paid workers and other jobs that may be “relatively low paid" and uninteresting.
  • Jobs in English-speaking countries, Scandinavian countries and the Netherlands are the least likely to be automated; jobs in Germany, Japan and southern and eastern Europe are the most at risk among the 35 OECD countries.

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