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Robots threaten jobs from truck driver to wealth manager — and it changes how graduates should approach the working world

Kaushik Raghu, Senior Staff Engineer at Audi, takes his hands off the steering wheel while demonstrating an Audi self driving vehicle on I-395 expressway in Arlington, Va., Friday, July 15, 2016. Experts say the development of self-driving cars over the coming decade depends on an unreliable assumption by most automakers: that the humans in them will be ready to step in and take control if the car's systems fail. Experience with automation in other modes of transportation suggests that strategy will lead to more deaths like that of a Florida Tesla driver in May.

Automation has become an increasingly disruptive force in the labor market.

Self-driving cars threaten the job security of millions of American truck drivers. At banks, automated tellers are increasingly common. And at wealth management firms, robo -advisers are replacing humans.

“Any job that is routine or monotonous runs the risk of being automated away,” Yisong Yue, an assistant professor at the California Institute of Technology, told Business Insider.

While it may seem like low-skill jobs face the most risk of being replaced by automation, complicated jobs that are fairly routine face some of the biggest risks, Yue, who teaches read more >>>

Source:: BusinessInsider.Com