47% of jobs will vanish in the next 25 years, say Oxford University researchers

“No government is prepared,” The Economist reports. 

 

British Musicians. Ms. Dynamite. Getty Images.

The Trump campaign ran on bringing jobs back to American shores, although mechanization has been the biggest reason for manufacturing jobs' disappearance. Similar losses have led to populist movements in several other countries. But instead of a pro-job growth future, economists across the board predict further losses as AI, robotics, and other technologies continue to be ushered in. What is up for debate is how quickly this is likely to occur.

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