Friday, March 07, 2014

Single pilot?

The text is hard to read but it displays a list of jobs and the probability that there will be losses in those fields due to automation.

This is taken from and in depth study from Oxford entitled the Future of Employment.

FWIW, aviation is showing a 55% probability of job loss from automation. This will occur due to automated "telepresence" systems reducing demand and eventually one person cockpits.

Automation is going to transform our economy in an even greater way than ever before...and the rewards will go to knowledge workers who can't easily be replaced by the technicians who fix the machines. (Trades anyone?)

Calls for minimum wage hikes will only accelerate this trend.

Here's more:

Commercial real estate and retail may not be great buys...

No comments:

Post a Comment

I welcome feedback. If you have any comments, questions or requests for future topics, please feel free to comment. Comment moderation is on to reduce spam, but I'll post all legit comments.Thanks for stopping by and don't forget to visit my Facebook page!

Capt Rob