Robots Will Take Jobs, But Not as Fast as Some Fear

Robots Will Take Jobs, But Not as Fast as Some Fear

The robots are coming, but the march of automation will displace jobs more gradually than some alarming forecasts suggest.

A measured pace is likely because what is technically possible is only one factor in determining how quickly new technology is adopted, according to a new study by the McKinsey Global Institute. Other crucial ingredients include economics, labor markets, regulations and social attitudes.

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