Source: WorkMarket, Jan 2017
A new study released last week from the McKinsey Global Institute (MGI)
1. The study found that less than 5% of all occupations could be fully replaced by automation.
2. At least 60% of occupations have about 30% of tasks that could be automated, ranging from manufacturing to data processing to data collection.
3. 51% of job activities could be automated with today’s “currently demonstrated” technology.
By allowing technology to automate some of those mundane tasks, workers would then be freed to focus on tasks that are not easily replicated by automation such as decision making, creative tasks, and managing others. Automating these more routine activities will help businesses improve their performance by reducing manual error, as well as improving the speed and quality of how these tasks are completed.