unemployment

Highly automated vehicles will positively benefit society in a myriad of ways, but there is also a concern that these vehicles will cause job displacement. We recently sat down with Elliot Katz, chair of McGuireWoods’ Connected and Automated Vehicle practice, to talk about highly automated vehicle deployment and concerns surrounding…

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With virtual assistants answering our emails and robots replacing humans on manufacturing assembly lines, mass unemployment due to widespread automation seems imminent. But it is easy to forget amid our growing unease that these systems are not “all-knowing” and fully competent. As many of us have observed in our interactions…

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Did you get the memo? We’re living in the future. But despite being in the middle of the 4th Industrial Revolution (or Industry 4.0), we’re not seeing the increase in productivity we’re used to seeing with the previous revolutions. Labor productivity growth is at a historical low, in defiance of…

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The proliferation of robots and artificial intelligence into the workplace will make social inequality even worse and lead to significant job losses, according to a report from the Boston Consulting Group. The report says that while automation will affect a broad range of jobs, the rich will be able to…

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