Relax: Robots are not going to make you unemployed for life

Published November 29, 2017 6:36pm ET



McKinsey has another report that curdles the blood – the robots are going to steal billions of our jobs by tomorrow morning. Or perhaps more accurately, 800 million globally and 73 million in the United States alone by 2030.

This is, to use the technical jargon, pish — in the vernacular, perhaps tosh. The report entirely misses two things, the first being how jobs are created and destroyed, the second being that we’ve been doing this for the past 250 years anyway, and there are more jobs than ever. That second is a pretty big thing for a group of management consultants to miss.

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