+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The next time someone tells you robots are going to destroy our jobs, show them this

Mar 6, 2016, 13:43 IST

Jim Edwards / Business Insider / The Simpsons

Credit Suisse analyst Eugene Klerk and his team published a note recently on the types of jobs most likely to be "disrupted" by new technology. Most people regard "disrupted" as a euphemism for "destroyed." Klerk cites a 2013 study that found 47% of jobs - mostly in sales, services, and admin - are at risk of being destroyed by new technology or robots.

Advertisement

Studies like these usually generate headlines like "Robots are putting people out to pasture" (the Mail), "After the robot revolution, these may be the only jobs left for human beings" (The Telegraph), and "Robots will steal your job" (er, Business Insider).

I, for one, welcome our new robot overlords.

That's because they're likely to create a lot of new, more interesting jobs than the ones they're destroying. Chris Dixon, of the Silicon Valley VC firm Andreessen Horowitz, recently published this chart which showed all the typographer jobs that were "destroyed" by publishing software:

US Census via Chris Dixon / Medium

Advertisement

If you like designing pages, then you want to be alive now - plenty of jobs! - and not in 1984.

Here is an even better one. It shows how the film camera industry was destroyed by the digital camera industry, which was in turn destroyed by the smartphone industry. These data are of sales revenues, not jobs, but it's an obvious truism that there are more people employed today making phones than there ever were making cameras:

Credit Suisse

So rejoice. The robots are coming! And they have lots of jobs for us.

NOW WATCH: This bicycle generator could bring electricity to millions of people living without it

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article