Bain uses cookies to improve functionality and performance of this site. More information can be found in our Privacy Policy. By continuing to browse this site, you consent to the use of cookies.

Axios

A long disruption is ahead, with low-paying jobs

A long disruption is ahead, with low-paying jobs

  • April 04, 2018
  • min read

Axios

A long disruption is ahead, with low-paying jobs

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 information age from 1970 to 1990.