Advances in robotics, artificial intelligence, and machine learning are ushering in a new age of automation, as machines match or outperform human performance in a range of work activities, including ones requiring cognitive capabilities. In this report, part of our ongoing research into the future of work, we analyze the automation potential of the global economy, the factors that will determine the pace and extent of workplace adoption, and the economic impact associated with its potential.
Over the past two years, McKinsey Global Institute (MGI) has been conducting a research program on automation technologies and their potential effects. Some of MGI’s key findings have been published in a brief and we found it interesting enough to alert you on this reading.
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Text and graphics partly McKinsey with editing from us.