Half of US Jobs at Risk Due to Automation – WTO Director-General
‘Automation and other technological advancements far surpass international trade as the leading cause of job losses in the United States and abroad, World Trade Organization (WTO) Director-General Roberto Azevedo said on Friday.
“Studies suggest that almost 50 percent of existing jobs in the US are at high risk of automation,” Azevedo said in a speech at the National Press Club in Washington, DC.
Warning against the rise of anti-trade sentiment in the developed world, Azevedo said, “Over 80 percent of job losses in advanced economies are not due to trade, but to increased productivity through technology and innovation.”’
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