• Bain & Company’s Harris on the Impact of Demographics and Automation on Jobs

    April 30, 2018 | Macro Trends | Bloomberg | Media mention

    Karen Harris, Bain & Company Macro Trends Group managing director, discusses how demographics and automation has impacted the global workforce. She speaks with Anna Edwards and Matt Miller on “Bloomberg Daybreak: Europe.”

  • What Automation Might Mean For The Shrinking Middle Class

    April 24, 2018 | Macro Trends | National Public Radio | Media mention

    A new report by Bain & Company says automation could displace 2.5 American million workers per year, or more than three times the rate between 1970 and 1990, when computers revolutionized the global economy. New jobs will replace many if not all of the old jobs lost to automation, but some

  • A long disruption is ahead, with low-paying jobs

    April 04, 2018 | Macro Trends | Axios | Media mention

    Karen Harris, a partner with Bain & Company, forecasts that the new automation wave could displace 2.5 million workers a year. That compares with 1.2 million a year displaced in the agricultural upheaval from 1900 to 1940, after adjusting for population, and 800,000 a year in the onset of the

  • If you’re over 40 and work, you’re in for some big surprises

    April 04, 2018 | Macro Trends | MarketWatch | Media mention

    Boomers and Gen X-ers: Your working world is in for major disruptions between now and 2030, according to a new report from Bain & Company. A bright side: companies looking to innovate and scale within their businesses “will often find that skill among workers who’ve been around the place awhile,”

  • Automation Nation: Whose Job Is Next?

    March 19, 2018 | Bain Snap Chart

    Lower costs from automation may increase demand for workers, but automation is likely to eliminate nearly 40 million jobs in the US in the coming decade.

  • Can 'Cobots' Bring Manufacturing Back Home?

    March 19, 2018 | Bain Snap Chart

    By enhancing the productivity of humans, automation will likely make manufacturing costs attractive closer to home.

  • Robots Won’t Solve the Worker Shortage

    March 10, 2018 | Macro Trends | Barron's | Media mention

    Automation is revolutionizing manufacturing, trucking, retail sales, food services, and medicine, among other industries. Bain & Company estimates that one in four or five U.S. jobs will be automated by 2030. But other positions will be created by the need to handle higher-level work that robots

  • Robots Make the Stuff. Soon, They Will Serve It, Too

    March 07, 2018 | Bain Snap Chart

    The next phase of automation, based on machine learning, artificial intelligence and advances in robotics, will affect 80% of workers through wage suppression and job loss.

  • Quick and Painful: Brace for Job Automation's Next Wave

    March 07, 2018 | Bain Snap Chart

    Automation could displace nearly 2.5 million workers per year in the coming decade.

  • Robots for Hire as Baby Boomers Retire

    March 07, 2018 | Bain Snap Chart

    As baby boomers move into retirement, labor will grow scarcer, accelerating investment in automation technologies. That shift will boost productivity, but the rapid spread of automation may eliminate as many as 20% to 25% of current jobs in the US, setting the stage for a boom–bust cycle.