Automation Could Wipe Out Almost Half of All Jobs in 20 Years
- OECD urges action in response to globalization, automation
- Warns that training isn’t reaching those who need it most
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Automation, robots and globalization are rapidly changing the workplace and governments must act fast and decisively to counter the effects or face a worsening of social and economic tensions, the OECD warned.
Almost half of all jobs could be wiped out or radically altered in the next two decades due to automation, the Paris-based group said in a report on Tuesday. According to OECD Labor Director Stefano Scarpetta, the pace of change will be “startling.”