Autonomous Cars Could Eventually Cut 25,000 Jobs Per Month

The automotive industry is growing. From limited assistance to piloting to full automation, car makers strive to limit human intervention. But this promising industry could cause significant job losses worldwide and in the United States in particular.

Independent vehicles have advantages, such as helping the elderly or disabled or avoiding road accidents caused by human error. On the other hand, like automation in general, there will be job losses, and those resulting from autonomous cars can be very important. This is what a new report on the subject, realized by Goldman Sachs, affirms.

According to the report, The Americans will find themselves with a job loss of 25,000 per month, or 300,000 jobs a year, because of semi-autonomous and self-employed cars. The primary victims of this automation will be truck drivers more than any other professional driver, accor

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The automotive industry is growing. From limited assistance to piloting to full automation, car makers strive to limit human intervention. But this promising industry could cause significant job losses worldwide and in the United States in particular.

Independent vehicles have advantages, such as helping the elderly or disabled or avoiding road accidents caused by human error. On the other hand, like automation in general, there will be job losses, and those resulting from autonomous cars can be very important. This is what a new report on the subject, realized by Goldman Sachs, affirms.

According to the report, The Americans will find themselves with a job loss of 25,000 per month, or 300,000 jobs a year, because of semi-autonomous and self-employed cars. The primary victims of this automation will be truck drivers more than any other professional driver, according to the report. It should be noted that among the 4 million professional drivers in the United States in 2014, there were 3.1 million truckers.

If Goldman Sachs believes that the full impact of autonomous cars is several decades ahead of us, society recognizes that when it happens, such a number of jobs will be lost in the United States. However, the report states that regulation and slower adoption can delay these effects.

Goldman Sachs estimates that sales of semi-autonomous and autonomous cars should already account for 20% of the total sale of cars between 2025 and 2030. A percentage justified by the profound changes put in place by the manufacturers for more automation.

The official launch of Uber Freight recently and the CEO of Ford who will be replaced by an independent car expert reflect the policies of these manufacturers for the future. But the automation of cars is only a stage of global automation that threatens other professionals like secretaries, cashiers, bank teller, waiters, and realtors.

Other industries such as retail, telecommunications, printing, and publishing have already lost a lot of jobs over the last decade. On the other hand, the sectors of food services, education, computer design or home care seem the best survivors of this wave of automation, according to the report.

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