BREAKING: ChatGPT is a Ravenclaw! - Paid content

Let us take a more detailed look at the McKinsey report on work and automation that I mentioned earlier, which I excluded above for sake of clarity. Interestingly, the effects of automation on work activities highly differ from country to country, based on their citizens’ income level and the types of industry present. Most of the countries with the highest potential for job automation are advanced economies, whose high wages and aging populations make automation more “economically attractive”. Also, considering the disruptive political consequences caused by the already wide divide between cities and the countryside in regions like Europe and the United States, it seems especially pressing to pay attention to graphs like these, which show how automation could affect people with different levels of education:

So what kind of solutions does the report identify? First of all, they point to past technological transformations that have resulted in more jobs and higher economic growth. Larg…