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.

Snap Chart

Robots for Hire as Baby Boomers Retire

Labor shortages loom. Will automation fill the gap?

  • March 07, 2018

Snap Chart

Robots for Hire as Baby Boomers Retire

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.

Related Bain Brief: Labor 2030

Karen Harris is managing director of Bain & Company’s Macro Trends Group and is based in the firm’s New York office. Austin Kimson is director of Bain’s Macro Trends Group and is based in the Dallas office. Andrew Schwedel is a partner in the New York office.

Read More

Macro Trends Insights

Demographics, automation and inequality could dramatically reshape our world in the 2020s and beyond. Our insights discuss how executives can prepare for the new global economy.

Tags

Ready to talk?

We work with ambitious leaders who want to define the future, not hide from it. Together, we achieve extraordinary outcomes.